Siparex

About Siparex

Siparex is a French regional mid-cap private equity platform with €4.3 billion of assets under management as of December 2024, headquartered in Lyon with regional offices in Paris, Nantes, Strasbourg, Bordeaux and Lille. Founded in 1977, Siparex is one of the oldest French private equity platforms with a 48-year continuous track record across multiple investment cycles. The firm is partner-owned and independent, distinguishing it from bank-affiliated French peers and maintaining a strong regional French presence beyond the Paris-centric concentration of most competitors.

Investment thesis

Siparex deploys capital across complementary strategies including mid-cap LBO (majority and significant minority equity), small-cap LBO (Sigex), mezzanine financing, and selective growth equity, with equity tickets ranging from €5 million to €100 million per transaction depending on the underlying vehicle and stage focus. Sector focus spans Industrials, Consumer, TMT, Business Services, Healthcare, Financials and Real Estate, with particular depth in industrial mid-cap businesses across French regional markets. The regional office network provides proprietary deal flow and management team relationships across primary and secondary French markets.

Recent activity

Recent realised exits include Maltem (TMT, 2026), SDAG Adhésifs (consumer, 2026), Apside (TMT, 2025), ASKOL (industrials, 2025), Batiroc Protect (industrials, 2025) and Briconord (consumer, 2025), reflecting strong distribution momentum across the platform. Siparex tracks 7 funds, 156 active portfolio companies and 55 realised exits, reflecting the high deal frequency and long track record of the French regional mid-cap franchise. Detailed buyer names and multiple data available on Pro at €49/month.