What investment strategy does Parquest Capital focus on?

Parquest Capital focuses on Buyout strategies in the private equity space.

How many portfolio companies does Parquest Capital have?

Parquest Capital has 13 active portfolio companies and 24 completed exits and 3 funds tracked on GP Intel.

Where is Parquest Capital headquartered?

Parquest Capital is headquartered in Paris, France.

What is Parquest Capital's assets under management?

Parquest Capital manages approximately €850M in assets under management.

When was Parquest Capital founded?

Parquest Capital was founded in 2014.

What sectors does Parquest Capital invest in?

Parquest Capital invests across Business Services, Software, Healthcare, Industrials, Consumer, TMT.

What are Parquest Capital's recent exits?

Recent realized exits by Parquest Capital include: Aserti (2026) to Chequers Capital; Allen (2025) to Qualium Investissement; Sopral (2025) to IPN (CapVest-backed); Groupe JVS (2024) to Capza; Eres (2024) to IK Partners; Homeperf (2022) to Sapio; Eduservices (2021) to Capza; Fauché (2021) to Management + EMZ Partners.

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Parquest Capital

Paris, France·Founded 2014·

Buyout

·parquest.fr

Parquest Capital is an independent Paris-based private equity firm focused on the French mid-market, founded in 2002 as the French franchise of ING Parcom Private Equity (ING Insurance and NN Group) and spun off as an independent management company in April 2014. The firm is owned 100 percent by its investment team and is led by founding partners including Denis Le Chevallier, Guillaume Brian, Pierre Decre, Thomas Babinet, Laurence Bouttier, Vincent Warlop and Camille Coutelet. Parquest manages approximately 850 million euros across three vintages: Parquest Capital I (2014, 300 million euros, anchored by NN Group), Parquest Capital II (2017, 310 million euros, oversubscribed) and Parquest Capital III (2024, 414 million euros, SFDR Article 8, oversubscribed final close in June 2024). The firm targets French small and mid-sized enterprises with enterprise values between 20 and 200 million euros, deploying 10 to 100 million euros per transaction in majority and minority structures, concentrating on business-to-business services, software, and health and care, and supporting management teams through primary and secondary buyouts, owner buyouts and family succession deals. The team numbers 21, including 7 partners.

AUM

€850M

Funds

vintages 2014–2024

Portfolio

Exits

Parquest Capital is a Paris buyout firm with €850M AUM, 13 active companies and 24 exits.

SectorsBusiness Services Software Healthcare Industrials Consumer TMT

Key takeaways

·9 exits in the last 5 years · consistent DPI cadence.
·Average hold across 24 realized deals: 6 years.
·Top sector focus: Business Services (30% of portfolio).
·Fund cadence: ~5Y between vintages · last raise 2024.

Sector breakdown

37 companies

Business Services

11 · 30%

Consumer

6 · 16%

Healthcare

5 · 14%

Industrials

4 · 11%

SaaS

3 · 8%

Construction

2 · 5%

Hospitality

2 · 5%

Cybersecurity

1 · 3%

Key facts

HQParis, France

Founded2014

Websiteparquest.fr

Recent exits

Parquest Capital sold Aserti to Chequers Capital in 2026 after 9 years.

Parquest Capital sold Allen to Qualium Investissement in 2025 after 4 years.

Parquest Capital sold Sopral to IPN (CapVest-backed) in 2025 after 7 years.

Parquest Capital sold Groupe JVS to Capza in 2024 after 4 years.

Coverage notes

3 funds tracked, 37 portfolio companies (13 active · 24 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

3 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Parquest Capital 3

Buyout2024€414M7 assets

Buyout

2024 · 2yr

€414M

–

Unrealized

7 held

Company	Entry
Amelkis SaaS · France	2024
Betem Groupe Business Services · France	2025
Imaneo Healthcare · France	2023
Spectrum Groupe Business Services · France	2025
Vitalliance Healthcare · France	2024
Wine Services Business Services · France	2025
Xelya SaaS · France	2023

Parquest Capital 2Harvesting

Buyout2017€310M6 assets8 exits

Buyout

2017 · 9yr

€310M

Unrealized

6 held

Company	Entry
Adit Business Services · France	2019
Adit (2015-2019) Business Services · France	2019
Advens Cybersecurity · France	2021
Epikure Consumer · France	2021
Tediber Consumer · France	2021
Unither Pharma · France	2022

Realized

8 exits

Company	Entry	Exit	Type	Buyer	MOIC
Accès Industrie Business Services · France	2017	2020	Secondary	Equistone Partners Europe	–
Allen Business Services · France	2021	2025	Secondary	Qualium Investissement	–
Aserti Industrials · France	2017	2026	Secondary	Chequers Capital	–
Eduservices Education · France	2019	2021	Secondary	Capza	–
Fauché Construction · France	2017	2021	MBO	Management + EMZ Partners	–
Groupe JVS SaaS · France	2020	2024	Secondary	Capza	–
Polyexpert Business Services · France	2014	2018	MBO	Management	–
Sopral Consumer · France	2018	2025	Trade Sale	IPN (CapVest-backed)	–

Parquest Capital 1

Buyout2014€300M0 assets16 exits

Buyout

2014 · 12yr

€300M

Realized

16 exits

Company	Entry	Exit	Type	Buyer	MOIC
5 Santé Healthcare · France	2015	2020	Trade Sale	Korian (Clariane)	–
5àSec Consumer · France	2007	2017	Secondary	Bridgepoint Capital Developpement	–
Albert Ménès Consumer · France	2016	2021	–	–	–
B&B Hotels Hospitality · France	2003	2005	Secondary	Eurazeo PME + Montefiore Investment	–
Caillau Industrials · France	2015	2018	Secondary	Cathay Capital + Essling Capital	–
Courtepaille Hospitality · France	2005	2011	Secondary	Fondations Capital	–
Doucet Industrials · France	2004	2010	MBO	Management + Alma Group + Plant chemistry VC	–
Eres HR Tech · France	2016	2024	Secondary	IK Partners	–
FDI Business Services · France	2003	2014	Trade Sale	Webhelp	–
Homeperf Healthcare · France	2015	2022	Secondary	Sapio	–
Jeulin Médiascience Business Services · France	2002	2005	MBO	Management	–
Menuiseries Grégoire Construction · France	2007	2018	Secondary	Prudentia Capital	–
Mont Blanc Consumer · France	2006	2010	MBO	Management	–
Safic Alcan Industrials · France	2007	2015	MBO	Sagard + EMZ Partners + Management	–
Sogec Marketing Business Services · France	2005	2010	Trade Sale	Mediapost (La Poste group)	–
Vivalto Santé Healthcare · France	2009	2016	Secondary	CDC International Capital + Mubadala + MACSF + D. Caille	–

About Parquest Capital

Parquest Capital is a French private equity and investment platform with capital deployed across 2 active fund vehicles, headquartered in Paris. The firm operates across multiple alternative strategies, with capital deployed into European businesses across industrials, consumer, TMT, healthcare, financials and software.

Investment thesis

Parquest Capital operates across complementary alternative investment strategies, deploying capital into European businesses across industrials, consumer, TMT, healthcare, financials and software. The multi-strategy platform enables diversified capital deployment across the business lifecycle from venture and growth equity to mid-cap buyouts, with capital sourced from institutional limited partners and selective family-office capital across France and selectively across Europe.

Recent activity

Recent realised exits include Spectrum Groupe (TMT, 2025), Safic Alcan (industrials, 2022), Fauché (industrials, 2021) and Menuiseries Grégoire (industrials, 2018). The platform tracks 2 fund vehicles, 15 active portfolio companies and 24 realised exits across the strategy's history.

Frequently asked questions

What investment strategy does Parquest Capital focus on?: Parquest Capital focuses on Buyout strategies in the private equity space.
How many portfolio companies does Parquest Capital have?: Parquest Capital has 13 active portfolio companies and 24 completed exits and 3 funds tracked on GP Intel.
Where is Parquest Capital headquartered?: Parquest Capital is headquartered in Paris, France.
What is Parquest Capital's assets under management?: Parquest Capital manages approximately €850M in assets under management.
When was Parquest Capital founded?: Parquest Capital was founded in 2014.
What sectors does Parquest Capital invest in?: Parquest Capital invests across Business Services, Software, Healthcare, Industrials, Consumer, TMT.
What are Parquest Capital's recent exits?: Recent realized exits by Parquest Capital include: Aserti (2026) to Chequers Capital; Allen (2025) to Qualium Investissement; Sopral (2025) to IPN (CapVest-backed); Groupe JVS (2024) to Capza; Eres (2024) to IK Partners; Homeperf (2022) to Sapio; Eduservices (2021) to Capza; Fauché (2021) to Management + EMZ Partners.