Sagard

About Sagard

Sagard is a French private equity firm founded in 2002 as Sagard SAS, the Paris-based principal investments arm of Power Corporation of Canada's broader alternative investments platform. The Paris team operates as part of Sagard Holdings, a multi-strategy alternative asset manager with global AUM of approximately US$45 billion as of December 2025 across venture capital, private equity, private credit, real estate and private wealth management. Sagard SAS specifically focuses on European mid-market private equity through successive flagship vintage funds.

Investment thesis

Sagard targets European mid-market companies, primarily France-headquartered, across Industrials, Healthcare, Business Services, Consumer and TMT sectors. The firm deploys capital from successive vintage funds (Sagard 1 through 5, Sagard Mid Cap and Sagard NewGen) into majority and significant minority stakes in profitable businesses with strong management teams and scale-up potential. Equity ticket sizes typically range from €40 million to €200 million per transaction across the platform's vintage funds.

Recent activity

Active portfolio companies include Kiloutou (industrials, equipment rental, since 2018), I-TRACING (cybersecurity services, since 2021), Cerelia (consumer, frozen dough products), Asobo Studio (TMT, video games studio behind Microsoft Flight Simulator), Horizon Software (TMT, electronic trading platforms) and Laboratoires Delbert (healthcare, pharmaceutical reintroductions). Historical realised exits include Alvest (2018), Cerelia (2015), Souriau (2011) and Corialis (2014). Detailed buyer names and multiple data available on Pro at €49/month.