What investment strategy does Nord Capital Partenaires focus on?

Nord Capital Partenaires focuses on Growth, Buyout strategies in the private equity space.

How many portfolio companies does Nord Capital Partenaires have?

Nord Capital Partenaires has 16 active portfolio companies and 12 completed exits and 3 funds tracked on GP Intel.

Where is Nord Capital Partenaires headquartered?

Nord Capital Partenaires is headquartered in Lille, France.

What is Nord Capital Partenaires's assets under management?

Nord Capital Partenaires manages approximately €265M in assets under management.

When was Nord Capital Partenaires founded?

Nord Capital Partenaires was founded in 2010.

What sectors does Nord Capital Partenaires invest in?

Nord Capital Partenaires invests across Industrials, Consumer, Software.

What are Nord Capital Partenaires's recent exits?

Recent realized exits by Nord Capital Partenaires include: Etigo (2026) to Primagroup; Kali Environnement (2026) to 21 Invest; Airflux (2025) to Rubix; Apside (2025) to CGI Group; ClicData (2025) to TeamSystem; Sencrop (2025) to Groupe ISAGRI; Transports Malherbe (2025) to Geodis; LE KAP VERRE (2024) to Cevino Glass.

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Nord Capital Partenaires

Lille, France·Founded 2010·

Growth Equity Buyout

·nordcapital.fr

Nord Capital Partenaires is a Lille-based regional private-equity firm founded April 30 2010 and AMF-licensed under GP-10000039 (SIREN 522679133). The firm is a joint-venture between Turenne Groupe (66 percent) and Credit Agricole Nord de France (34 percent). It manages around EUR 265M across the SCR Nord Capital Investissement evergreen vehicle, REV3 Capital v2018 EUR 48M industrial-transition fund, FCPR PME et Territoire 4 v2024 retail vintage and Nord Capital Investissement FCPR PME v2024, backing growth and transmission deals up to EUR 15M for SMEs and mid-caps in the Hauts-de-France region. 12 staff support around 70 cumulative portfolio companies with notable exits including Apside 2025 to CGI Group, Sencrop 2025 to Groupe ISAGRI, Transports Malherbe 2025 to Geodis (SNCF Group) and ClicData 2025 to TeamSystem.

AUM

€265M

Funds

vintages 2010–2024

Portfolio

Exits

Nord Capital Partenaires is a Lille growth equity firm with €265M AUM, 16 active companies and 12 exits.

SectorsIndustrials Consumer Software

Key takeaways

·8 exits in the last 5 years · consistent DPI cadence.
·Average hold across 12 realized deals: 5 years.
·Top sector focus: Industrials (25% of portfolio).

Sector breakdown

28 companies

Industrials

7 · 25%

Construction

5 · 18%

Consumer

4 · 14%

Business Services

2 · 7%

Software

2 · 7%

IT Services

2 · 7%

Logistics

2 · 7%

E-commerce

1 · 4%

Key facts

HQLille, France

Founded2010

Websitenordcapital.fr

Recent exits

Nord Capital Partenaires sold Etigo to Primagroup in 2026 after 6 years.

Nord Capital Partenaires sold Kali Environnement to 21 Invest in 2026 after 5 years.

Nord Capital Partenaires sold Airflux to Rubix in 2025 after 11 years.

Nord Capital Partenaires sold Apside to CGI Group in 2025 after 7 years.

Coverage notes

3 funds tracked, 28 portfolio companies (16 active · 12 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

Every fund Nord Capital Partenaires has raised, with its portfolio companies. Hand-checked from public filings.

3 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Nord Capital Investissement FCPR PME

Growth2024€80M2 assets

Growth

2024 · 2yr

€80M

–

Unrealized

2 held

Company	Entry
Le Petit Souk Consumer · France	2024
Syneido Business Services · France	2024

REV3 Capital

Growth2018€48M1 assets

Growth

2018 · 8yr

€48M

–

Unrealized

1 held

Company	Entry
Rabot Dutilleul Construction · France	2022

SCR Nord Capital Investissement

Growth2010€90M13 assets12 exits

Growth

2010 · 16yr

€90M

Unrealized

13 held

Company	Entry
Alvene Industrials · France	2013
Battais Charpente Construction · France	2022
Blancheporte E-commerce · France	2022
Brique House Consumer · France	2020
DiagRAMS Technologies IT Services · France	2020
FFSA Consumer · France	2014
Hall U Need Hospitality · France	2018
Hootside Software · France	2020
O2D Environnement Construction · France	2026
Primagroup Industrials · France	2026
Promesse de Fleurs Consumer · France	2026
Roger Delattre Construction · France	2023
Technifrance Industrials · France	2019

Realized

12 exits

Company	Entry	Exit	Type	Buyer	MOIC
Accéder Software · France	2016	2019	Trade Sale	Groupe Mousset	–
Airflux Industrials · France	2014	2025	Trade Sale	Rubix	–
Apside IT Services · France	2018	2025	Trade Sale	CGI Group	–
ClicData Data & Analytics · France	2018	2025	Trade Sale	TeamSystem	–
Etigo Industrials · France	2020	2026	Trade Sale	Primagroup	–
JetFreeze Logistics · France	2015	2018	Trade Sale	Groupe Mousset	–
Kali Environnement Business Services · France	2021	2026	Secondary	21 Invest	–
LE KAP Verre Industrials · France	2018	2024	Trade Sale	Cevino Glass	–
Massiv Trading Construction · France	2014	2018	Trade Sale	Bois Energie	–
Sencrop AgTech · France	2019	2025	Trade Sale	Groupe ISAGRI	–
Transports Malherbe Logistics · France	2023	2025	Trade Sale	Geodis	–
Ventil and Co Industrials · France	2015	2018	Trade Sale	Windco	–

About Nord Capital Partenaires

Nord Capital Partenaires is a private equity firm with €265 million of assets under management as of December 2024 and a founding year of 2010, headquartered in Paris. The platform targets majority and significant minority stakes in European mid-cap businesses across industrials, business services, healthcare, software and consumer, deploying institutional capital from successive flagship vehicles.

Investment thesis

The platform deploys buyout and growth equity capital across industrials, business services, healthcare, software and consumer businesses in France and selectively across Europe, targeting majority and significant minority equity positions in mid-cap and lower mid-cap European companies. Value-creation framework emphasises operational improvement, working capital optimisation and selective M&A activity, with the partnership culture supporting management teams across multi-year ownership periods.

Recent activity

Recent realised exits include FFSA (software, 2021), Accéder (software, 2019) and Ventil and Co (energy, 2017). The platform tracks 3 fund vehicles, 20 active portfolio companies and 4 realised exits across the strategy's history.

Frequently asked questions

What investment strategy does Nord Capital Partenaires focus on?: Nord Capital Partenaires focuses on Growth, Buyout strategies in the private equity space.
How many portfolio companies does Nord Capital Partenaires have?: Nord Capital Partenaires has 16 active portfolio companies and 12 completed exits and 3 funds tracked on GP Intel.
Where is Nord Capital Partenaires headquartered?: Nord Capital Partenaires is headquartered in Lille, France.
What is Nord Capital Partenaires's assets under management?: Nord Capital Partenaires manages approximately €265M in assets under management.
When was Nord Capital Partenaires founded?: Nord Capital Partenaires was founded in 2010.
What sectors does Nord Capital Partenaires invest in?: Nord Capital Partenaires invests across Industrials, Consumer, Software.
What are Nord Capital Partenaires's recent exits?: Recent realized exits by Nord Capital Partenaires include: Etigo (2026) to Primagroup; Kali Environnement (2026) to 21 Invest; Airflux (2025) to Rubix; Apside (2025) to CGI Group; ClicData (2025) to TeamSystem; Sencrop (2025) to Groupe ISAGRI; Transports Malherbe (2025) to Geodis; LE KAP VERRE (2024) to Cevino Glass.