M Capital
M Capital is a leading French private investment firm with over 635 million euros in assets under management, specializing in private equity, venture capital, real estate, and private debt. Founded over 20 years ago, it focuses on supporting SMEs and impactful entrepreneurial projects across France with a responsible investment approach.
M Capital is a PARIS venture capital firm with €635M AUM, 36 active companies and 7 exits.
- ·4 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 7 realized deals: 7 years.
- ·Best return: 2.0x MOIC on Vexim (2017).
- ·Top sector focus: Hospitality (30% of portfolio).
- ·Fund cadence: ~4Y between vintages · last raise 2021.
Sector breakdown
43 companiesGeography breakdown
3 geographiesKey facts
Recent exits
M Capital sold SchoolMouv to Sofatutor in 2026 after 8 years.
M Capital sold Robocath to Stereotaxis in 2026 after 9 years.
M Capital sold VIMS to Zimmer Biomet in 2024 after 16 years.
M Capital sold Cyclable to Calcium Capital in 2022 after 6 years.
Coverage notes
4 funds tracked, 43 portfolio companies (36 active · 7 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund M Capital has raised, with its portfolio companies. Hand-checked from public filings.
Fonds Tourisme Cote d'AzurharvestingPrivate Debt2021€45M4 assetsPrivate Debt2021 · 5yr€45M4–
Unrealized
4 held| Company | Entry |
|---|---|
| Collection Rivages Hospitality · France | 2023 |
| Evera ClimateTech · France | 2022 |
| HD Healthcare · Thailand | 2023 |
| L'Escale Royale Hospitality · France | 2023 |
Fonds Tourisme OccitanieharvestingPrivate Debt2019€101M9 assets1 exitsPrivate Debt2019 · 7yr€101M91
Unrealized
9 held| Company | Entry |
|---|---|
| Camping Lac de Thoux Hospitality · France | 2020 |
| Camping Le Ventoulou Hospitality · France | 2021 |
| Cottage Parks Hospitality · France | 2020 |
| Domaine Lacs de Gascogne Hospitality · France | 2021 |
| EcoZonia Hospitality · France | 2021 |
| Frenzy Palace Hospitality · France | 2021 |
| Hôtel Cannes Centre Univers Hospitality · France | 2019 |
| Station du Grand Tourmalet Hospitality · France | 2020 |
| Up 2 Play Hospitality · France | 2020 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| SchoolMouv EdTech · France | 2018 | 2026 | Trade Sale | Sofatutor | – |
M Capital VenturedivestingVC2015€200M11 assets2 exitsVC2015 · 11yr€200M112
Unrealized
11 held| Company | Entry |
|---|---|
| Adveez TMT · France | 2020 |
| Agronutris AgTech · France | 2020 |
| Ascendance Flight Technologies Aerospace & Defence · France | 2023 |
| Captain Wallet TMT · France | 2019 |
| Cell-Easy Biotech · France | 2020 |
| Dionymer Biotech · France | 2026 |
| Front Commerce E-commerce · France | 2021 |
| Hakbah Fintech · Saudi Arabia | 2024 |
| Pangee SaaS · France | 2019 |
| Qualitadd Data & Analytics · France | 2018 |
| Therapixel HealthTech · France | 2018 |
Realized
2 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Avis Vérifiés TMT · France | 2014 | 2019 | Trade Sale | Providence Strategic Growth | – |
| Robocath MedTech · France | 2017 | 2026 | Trade Sale | Stereotaxis | – |
M Capital Capital DéveloppementdivestingBuyout2010€200M12 assets4 exitsBuyout2010 · 16yr€200M124
Unrealized
12 held| Company | Entry |
|---|---|
| Actia Groupe Mobility · France | 2018 |
| Alsatis Telecom · France | 2019 |
| Alsei Industrials · France | 2019 |
| Ami Bois Consumer · France | 2018 |
| Amisco Industrials · France | 2020 |
| Asphalte Consumer · France | 2023 |
| Bagelstein Hospitality · France | 2017 |
| LivinParis Hospitality · France | 2019 |
| Nysa Consumer · France | 2019 |
| Savimex Mobility · France | 2018 |
| The Sanctuary Group Consumer · France | 2023 |
| Vertical'Art Consumer · France | 2019 |
Realized
4 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Cyclable Consumer · France | 2016 | 2022 | Secondary | Calcium Capital | – |
| Groupe Omega Healthcare · France | 2011 | 2016 | Secondary | Siparex Intermezzo and GSO Capital | – |
| Vexim MedTech · France | 2014 | 2017 | Trade Sale | Stryker | 2.0x |
| VIMS MedTech · France | 2008 | 2024 | Trade Sale | Zimmer Biomet | – |
About M Capital
M Capital is a leading French private investment firm with over €635 million of assets under management, specialising in private equity, venture capital, real estate and private debt strategies. Founded over a decade ago and headquartered in Paris, the firm operates as a multi-strategy platform providing diversified French alternative investment exposure across distinct return profiles and asset classes.
Investment thesis
M Capital deploys across four complementary strategies: private equity (mid-cap LBO and growth), venture capital (early-stage), real estate (selective French positions) and private debt (mezzanine and unitranche financing). Sector focus across the PE strategy spans the broad coverage typical of multi-strategy platforms, with equity ticket sizes varying significantly by strategy from venture-stage early commitments through to mid-cap PE and dedicated real estate or debt positions.
Recent activity
The platform tracks 3 funds and 24 active portfolio companies across the multi-strategy programme. The diversified strategy mix enables ongoing capital deployment across multiple distinct return profiles depending on transaction structure and stage requirements.
Frequently asked questions
- What investment strategy does M Capital focus on?
- M Capital focuses on VC, Growth, Buyout strategies in the private equity space.
- How many portfolio companies does M Capital have?
- M Capital has 36 active portfolio companies and 7 completed exits and 4 funds tracked on GP Intel.
- Where is M Capital headquartered?
- M Capital is headquartered in PARIS, France.
- What is M Capital's assets under management?
- M Capital manages approximately €635M in assets under management.
- When was M Capital founded?
- M Capital was founded in 2018.
- What sectors does M Capital invest in?
- M Capital invests across Business Services, Consumer, Healthcare, Software, Industrials.
- What are M Capital's recent exits?
- Recent realized exits by M Capital include: SchoolMouv (2026) to Sofatutor; Robocath (2026) to Stereotaxis; VIMS (2024) to Zimmer Biomet; Cyclable (2022) to Calcium Capital; Avis Vérifiés (2019) to Providence Strategic Growth; Vexim (2017) to Stryker, 2.0x; Groupe Omega (2016) to Siparex Intermezzo and GSO Capital.
Similar firms
Other private equity firms tracked on GP Intel.