Trocadero Capital Partners
Paris, FranceTrocadero Capital Partners is an independent AMF-regulated private equity firm founded in 2012 and headquartered in Paris. The firm manages around EUR 600 million across three investment strategies: Croissance and Transmission (minority equity and mezzanine for SMEs and mid-market companies), Environnement and Performance (sustainable investing focused on decarbonisation), and Obligations Relance (long-term recovery bonds for French SMEs). Trocadero typically targets European companies valued between EUR 10 million and EUR 100 million, providing flexible capital across growth, transmission, mezzanine and minority buyout situations. To date the firm has backed more than 60 portfolio companies, mostly headquartered in France, with a stated focus on entrepreneurial culture, value creation and ESG.
Trocadero Capital Partners is a Paris growth equity firm with €600M AUM, 34 active companies and 6 exits.
- ·5 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 6 realized deals: 5 years.
- ·Fund cadence: ~5Y between vintages · last raise 2023.
Sector breakdown
40 companiesKey facts
Recent exits
Trocadero Capital Partners sold Eurotab to McBride plc in 2026 after 4 years.
Trocadero Capital Partners sold Salini to MBO+ and InnovaFonds in 2025 after 3 years.
Trocadero Capital Partners sold Amerigo to Societe Generale Capital Partenaires, BNP Paribas Developpement, Socadif in 2024 after 2 years.
Trocadero Capital Partners sold Basilique Hospitality to Alboran in 2024 after 6 years.
Coverage notes
3 funds tracked, 40 portfolio companies (34 active · 6 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Trocadero Capital Partners has raised, with its portfolio companies. Hand-checked from public filings.
Trocadero Environnement & Performance IGrowth2023€136M4 assetsGrowth2023 · 3yr€136M4–
Unrealized
4 held| Company | Entry |
|---|---|
| Biscabois Construction · France | 2024 |
| Cetih Construction · France | 2023 |
| Enviris Logistics · France | 2023 |
| SOS Accessoire E-commerce · France | 2025 |
Trocadero Croissance & Transmission IIIGrowth2020€120M27 assets3 exitsGrowth2020 · 6yr€120M273
Unrealized
27 held| Company | Entry |
|---|---|
| Adopt Consumer · France | 2025 |
| BIG Success Business Services · France | 2021 |
| Blissim Consumer · France | 2020 |
| Cemedis Healthcare · France | 2023 |
| Climanext Business Services · France | 2023 |
| Ekoi Consumer · France | 2021 |
| Eowin Software · France | 2023 |
| ERI Groupe Business Services · France | 2023 |
| Flexifleet Mobility · France | 2020 |
| Hapik Consumer · France | 2022 |
| HTDS Industrials · France | 2026 |
| Icko Consumer · France | 2022 |
| Kappa Club Hospitality · France | 2021 |
| La Boutique du Coiffeur Consumer · France | 2023 |
| Le Temps des Cerises Consumer · France | 2022 |
| Locala AdTech · France | 2024 |
| Lonsdale Business Services · France | 2022 |
| NG Travel Hospitality · France | 2023 |
| Pegase Business Services · France | 2022 |
| Pierreval Real Estate · France | 2023 |
| Pracartis Industrials · France | 2023 |
| Spengler Group MedTech · France | 2023 |
| Telamon Real Estate · France | 2023 |
| Telstar Construction · France | 2020 |
| Unique Heritage Media TMT · France | 2022 |
| Vac Location Consumer · France | 2021 |
| Vistalid Business Services · France | 2023 |
Trocadero Croissance & Transmission IIRealizedGrowth2014€90M3 assets3 exitsGrowth2014 · 12yr€90M33
Unrealized
3 held| Company | Entry |
|---|---|
| iBasis Group Telecom · France | 2018 |
| Piex Pharma · France | 2017 |
| Tofane Global Telecom · France | 2018 |
Realized
3 exits| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Basilique Hospitality Hospitality · France | 2018 | 2024 | Trade Sale | Alboran | – |
| Seaowl Group Energy · France | 2017 | 2022 | Trade Sale | Butler Industries | – |
| Sogal Construction · France | 2010 | 2018 | Secondary | Intermediate Capital Group | – |
About Trocadero Capital Partners
Trocadero Capital Partners is a French private equity firm with capital deployed across 3 active fund vehicles, headquartered in Paris. Founded in 2012, the firm focuses on buyout and growth equity investments in European mid-cap businesses across consumer, software, business services and industrials, deploying capital from successive flagship funds with institutional limited partner support.
Investment thesis
Trocadero Capital Partners deploys buyout capital into European mid-cap and small-cap businesses across consumer, software, business services and industrials, targeting majority equity positions in profitable companies with clear value-creation runways. Investment focus emphasises operational improvement, selective bolt-on M&A acceleration and selective international expansion across France and selectively across Europe, with capital deployed from successive flagship funds backed by institutional limited partners.
Recent activity
Recent realised exits include Salini (industrials, 2025), Les Canalous (consumer, 2023) and Sogal (industrials, 2018). The platform tracks 3 fund vehicles, 23 active portfolio companies and 3 realised exits across the strategy's history.
Frequently asked questions
- What investment strategy does Trocadero Capital Partners focus on?
- Trocadero Capital Partners focuses on Growth, Buyout strategies in the private equity space.
- How many portfolio companies does Trocadero Capital Partners have?
- Trocadero Capital Partners has 34 active portfolio companies and 6 completed exits and 3 funds tracked on GP Intel.
- Where is Trocadero Capital Partners headquartered?
- Trocadero Capital Partners is headquartered in Paris, France.
- What is Trocadero Capital Partners's assets under management?
- Trocadero Capital Partners manages approximately €600M in assets under management.
- When was Trocadero Capital Partners founded?
- Trocadero Capital Partners was founded in 2012.
- What sectors does Trocadero Capital Partners invest in?
- Trocadero Capital Partners invests across Consumer, Software, Business Services, Industrials.
- What are Trocadero Capital Partners's recent exits?
- Recent realized exits by Trocadero Capital Partners include: Eurotab (2026) to McBride plc; Salini (2025) to MBO+ and InnovaFonds; Amerigo (2024) to Societe Generale Capital Partenaires, BNP Paribas Developpement, Socadif; Basilique Hospitality (2024) to Alboran; Seaowl Group (2022) to Butler Industries; Sogal (2018) to Intermediate Capital Group.
Similar firms
Other private equity firms tracked on GP Intel.
