How many portfolio companies does Qualium Investissement have?

Qualium Investissement has 18 active portfolio companies and 20 completed exits and 5 funds tracked on GP Intel.

Where is Qualium Investissement headquartered?

Qualium Investissement is headquartered in Paris, France.

What is Qualium Investissement's assets under management?

Qualium Investissement manages approximately €1.5B in assets under management.

What are Qualium Investissement's recent exits?

Recent realized exits by Qualium Investissement include: Magnolia Web Assurances (2026) to Malakoff Humanis; Proengin (2025) to Qualium continuation fund led by Eurazeo; Inviflam (2025) to Management team (MBO); Proengin (2025) to Continuation Fund (Eurazeo lead investor); Eurodommages (2025) to Ascentiel Groupe (Cobepa / Amundi PEF); Invicta (2025) to Undisclosed; Constellation (2024) to 3i Group; Kermel (2024) to FCDE Independent Fund II.

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Qualium Investissement

Paris, France·qualium-investissement.com

AUM

€1.5B

Funds

vintages 1998–2025

Portfolio

Exits

Qualium Investissement is a Paris private equity firm with €1.5B AUM, 18 active companies and 20 exits.

Key takeaways

·14 exits in the last 5 years · consistent DPI cadence.
·Average hold across 19 realized deals: 6 years.

Sector breakdown

38 companies

Business Services

7 · 18%

Financials

5 · 13%

Consumer

4 · 11%

Industrials

4 · 11%

Aerospace & Defence

3 · 8%

MedTech

3 · 8%

IT Services

2 · 5%

TMT

2 · 5%

Key facts

HQParis, France

Websitequalium-investissement.com

Recent exits

Qualium Investissement sold Magnolia Web Assurances to Malakoff Humanis in 2026 after 7 years.

Qualium Investissement sold Proengin to Qualium continuation fund led by Eurazeo in 2025 after less than a year.

Qualium Investissement sold Inviflam to Management team (MBO) in 2025 after 8 years.

Qualium Investissement sold Proengin to Continuation Fund (Eurazeo lead investor) in 2025 after 4 years.

Partners

Jean EichenlaubManaging Partner

Boris PodevinPartner

Cyprien ChoutetPartner

Guillaume PerozPartner

Jacques PancraziPartner

Coverage notes

5 funds tracked, 38 portfolio companies (18 active · 20 realized). Verified weekly from public filings and deal announcements.

Investment team

Senior partners. Hand-checked from public filings and the firm's own site.

Jean Eichenlaub

Managing Partner · Heads Qualium since 2009. Chairs Investment Committee. Led La Foir'Fouille, emlyon, Kermel

Boris Podevin

Partner · Investment Committee member

Cyprien Choutet

Partner · Investment Committee member

Guillaume Peroz

Partner · Investment Committee member. Led Mériguet, Biscuit International, SAFTI, Parella, Acolad, Proengin

Jacques Pancrazi

Partner · Investment Committee member. Led IMV Technologies, Vulcanic, Proengin, Constellation, Verdot, ChapsVision

Funds & portfolio

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

5 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Qualium Continuation Fund I

2025€100M1 assets1 exits

–

2025 · 1yr

€100M

Unrealized

1 held

Company	Entry
Allen Business Services · France	2025

Realized

1 exit

Company	Entry	Exit	Type	Buyer	MOIC
Proengin Aerospace & Defence · France	2025	2025	Continuation Vehicle	Qualium continuation fund led by Eurazeo	–

Qualium Fund III

Buyout2023€535M9 assets1 exits

Buyout

2023 · 3yr

€535M

Unrealized

9 held

Company	Entry
AmeXio IT Services · France	2022
Avisia TMT · France	2025
ChapsVision Software · France	2023
Groupe Allen Financials · France	2025
IMPC Healthcare · France	2024
Realease Financials · France	2023
Realease Capital Financials · France	2023
Recocash Business Services · France	2022
Verdot Ips² MedTech · France	2022

Realized

1 exit

Company	Entry	Exit	Type	Buyer	MOIC
Constellation IT Services · France	2021	2024	Secondary	3i Group	–

Qualium Fund IIHarvesting

Buyout2017€370M4 assets3 exits

Buyout

2017 · 9yr

€370M

Unrealized

4 held

Company	Entry
Clinadent Healthcare · France	2021
IMV Agriculture · France	2020
IMV Technologies MedTech · France	2021
Technicis Business Services · France	2019

Realized

3 exits

Company	Entry	Exit	Type	Buyer	MOIC
Inviflam Business Services · France	2017	2025	MBO	Management team (MBO)	–
Proengin Aerospace & Defence · France	2021	2025	Continuation Vehicle	Continuation Fund (Eurazeo lead investor)	–
Thom Group Software · France	2017	2021	MBO	Altamir / Apollo-led consortium	–

Qualium FundHarvesting

Buyout2012€520M3 assets12 exits

Buyout

2012 · 14yr

€520M

Unrealized

3 held

Company	Entry
Acolad (ex-Technicis) Business Services · France	2019
Parella Business Services · France	2018
SAFTI / New Immo Group Financials · France	2018

Realized

12 exits

Company	Entry	Exit	Type	Buyer	MOIC
Biscuit International Consumer · France	2014	2020	Secondary	Platinum Equity	–
emlyon business school Education · France	2019	2022	Trade Sale	Galileo Global Education	–
Eurodommages Financials · France	2018	2025	Secondary	Ascentiel Groupe (Cobepa / Amundi PEF)	–
IMV Technologies MedTech · France	2014	2021	Secondary	Montagu Private Equity	–
Invicta Industrials · France	2013	2025	–	Undisclosed	–
Kermel Industrials · France	2012	2024	Secondary	FCDE Independent Fund II	–
La Foir'Fouille Consumer · France	2010	2021	MBO	Ivan Rapoport + Crédit Mutuel Equity + Nord Capital + SGCP + Sofilaro	–
Labelium TMT · France	2018	2021	Secondary	Charterhouse Capital Partners	–
Magnolia Web Assurances InsurTech · France	2019	2026	Trade Sale	Malakoff Humanis	–
Mériguet / Ateliers de France Consumer · France	2013	2017	Secondary	Raise Investissement + IDI + Tikehau + Bpifrance	–
Sogal Construction · France	2010	2018	Secondary	ICG (Intermediate Capital Group)	–
Vulcanic Industrials · France	2016	2022	Trade Sale	Spirax-Sarco Engineering plc	–

Qualium Véhicule CDC (pré-fonds)Realized

Buyout1998€400M1 assets3 exits

Buyout

1998 · 28yr

€400M

Unrealized

1 held

Company	Entry
Bélier MTI Industrials · France	2010

Realized

3 exits

Company	Entry	Exit	Type	Buyer	MOIC
Exxelia (incl. Eurofarad) Aerospace & Defence · France	2004	2010	Secondary	LBO France	–
Feu Vert Consumer · France	2012	2016	Secondary	Alpha Private Equity Fund 6	–
Socotec Business Services · France	2008	2013	Secondary	Cobepa + Five Arrows (FAPI)	–

About Qualium Investissement

Qualium Investissement is a French mid-market private equity firm with €1.5 billion of assets under management as of December 2024, headquartered in Paris. The firm operates as a partner-owned platform deploying capital across successive flagship buyout funds focused on French and selectively European mid-cap LBO transactions. Qualium became independent through a management-led spinoff from Caisse des Dépôts in 2014, building on a multi-decade investment track record.

Investment thesis

Qualium targets French and selectively European mid-cap LBO transactions with equity ticket sizes typically ranging from €25 million to €100 million per transaction, focusing on profitable companies with strong management teams and consolidation potential. Sector focus spans Business Services, TMT, Industrials, Consumer, Healthcare and Software, with bolt-on M&A strategies and operational improvement driving value creation across the holding period. The firm emphasises management team partnership across multiple successive vintage funds.

Recent activity

Recent realised exits include Magnolia Web Assurances (financials, 2026), Eurodommages (financials, 2025), Invicta (industrials, 2025), Inviflam (business services, 2025) and Proengin (industrials, 2025), reflecting strong distribution momentum across the French mid-cap franchise. The platform tracks 5 funds, 15 active portfolio companies and 20 realised exits across multiple investment cycles.

Portfolio platforms backed by Qualium Investissement made 8 researched add-on acquisitions during its ownership.

Frequently asked questions

How many portfolio companies does Qualium Investissement have?: Qualium Investissement has 18 active portfolio companies and 20 completed exits and 5 funds tracked on GP Intel.
Where is Qualium Investissement headquartered?: Qualium Investissement is headquartered in Paris, France.
What is Qualium Investissement's assets under management?: Qualium Investissement manages approximately €1.5B in assets under management.
What are Qualium Investissement's recent exits?: Recent realized exits by Qualium Investissement include: Magnolia Web Assurances (2026) to Malakoff Humanis; Proengin (2025) to Qualium continuation fund led by Eurazeo; Inviflam (2025) to Management team (MBO); Proengin (2025) to Continuation Fund (Eurazeo lead investor); Eurodommages (2025) to Ascentiel Groupe (Cobepa / Amundi PEF); Invicta (2025) to Undisclosed; Constellation (2024) to 3i Group; Kermel (2024) to FCDE Independent Fund II.