What investment strategy does VATEL CAPITAL focus on?

VATEL CAPITAL focuses on Growth, Buyout strategies in the private equity space.

How many portfolio companies does VATEL CAPITAL have?

VATEL CAPITAL has 14 active portfolio companies and 2 completed exits and 2 funds tracked on GP Intel.

Where is VATEL CAPITAL headquartered?

VATEL CAPITAL is headquartered in Paris, France.

What is VATEL CAPITAL's assets under management?

VATEL CAPITAL manages approximately €550M in assets under management.

When was VATEL CAPITAL founded?

VATEL CAPITAL was founded in 2008.

What sectors does VATEL CAPITAL invest in?

VATEL CAPITAL invests across Healthcare, Energy, Business Services, Industrials.

What are VATEL CAPITAL's recent exits?

Recent realized exits by VATEL CAPITAL include: ZOOMALIA (2025) to Holding Nicole; OHRE Pharma (2021) to Strategic Generics France.

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VATEL CAPITAL

Paris, France·Founded 2008·

Growth Equity Buyout

·vatelcapital.fr

Vatel Capital, founded in 2008 and based in Paris, is an independent and entrepreneurial asset management company specializing in financing and supporting French growth SMEs, both listed and unlisted, as well as investing in tangible assets like forests, agricultural land, and renewable energy. It manages over €550 million in assets and offers various investment solutions including FCPI, FIP, and funds focused on private debt and small caps.

AUM

€550M

Funds

vintages 2018–2021

Portfolio

Exits

VATEL CAPITAL is a Paris growth equity firm with €550M AUM, 14 active companies and 2 exits.

SectorsHealthcare Energy Business Services Industrials

Sector breakdown

16 companies

ClimateTech

3 · 19%

Pharma

2 · 13%

Energy

2 · 13%

TMT

2 · 13%

Healthcare

1 · 6%

Fintech

1 · 6%

E-commerce

1 · 6%

Consumer

1 · 6%

Key facts

HQParis, France

Founded2008

Websitevatelcapital.fr

Recent exits

VATEL CAPITAL sold Zoomalia to Holding Nicole in 2025 after 6 years.

VATEL CAPITAL sold OHRE Pharma to Strategic Generics France in 2021 after 3 years.

Coverage notes

2 funds tracked, 16 portfolio companies (14 active · 2 realized). Verified weekly from public filings and deal announcements.

Funds & portfolio

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

2 funds

Fund

Strategy

Vintage

Size

Assets

Exits

Vatel Flexibleharvesting

Evergreen2021€80M12 assets

Evergreen

2021 · 5yr

€80M

–

Unrealized

12 held

Company	Entry
Bio Jag Healthcare · France	2023
Crossject Pharma · France	2025
Enogia Energy · France	2025
Entech ClimateTech · France	2025
Haffner Energy ClimateTech · France	2025
Hoffmann Green Cement ClimateTech · France	2025
Iznes Fintech · France	2025
Largo E-commerce · France	2025
Lexibook Consumer · France	2024
Median Technologies MedTech · France	2025
Mipise Industrials · France	2022
Odyssee Technologies Aerospace & Defence · France	2024

Vatel Capitalharvesting

Evergreen2018€50M2 assets2 exits

Evergreen

2018 · 8yr

€50M

Unrealized

2 held

Company	Entry
Agripower Energy · France	2019
Fill Up Media TMT · France	2017

Realized

2 exits

Company	Entry	Exit	Type	Buyer	MOIC
OHRE Pharma Pharma · France	2018	2021	Trade Sale	Strategic Generics France	–
Zoomalia TMT · France	2019	2025	Trade Sale	Holding Nicole	–

About VATEL CAPITAL

Vatel Capital is an independent and entrepreneurial asset management company with €550 million of assets under management, founded in 2008 and headquartered in Paris. The firm specialises in financing and supporting French growth SMEs (both listed and unlisted) with a multi-stage approach across the French SME ecosystem.

Investment thesis

Vatel Capital targets French growth SMEs across listed and unlisted segments, deploying growth equity and selective buyout commitments with equity tickets typically ranging from €5 million to €25 million per transaction. Sector focus spans TMT and selectively other French SME verticals, with the platform's hybrid listed/unlisted mandate distinguishing Vatel from pure private equity peers. The entrepreneurial heritage enables operational partnership with founder-operator management teams.

Recent activity

Recent realised exits include ZOOMALIA (TMT, 2025), reflecting selective distribution activity across the French SME portfolio. The platform tracks 3 funds, 7 active portfolio companies and 2 realised exits across the multi-vintage programme.

Frequently asked questions

What investment strategy does VATEL CAPITAL focus on?: VATEL CAPITAL focuses on Growth, Buyout strategies in the private equity space.
How many portfolio companies does VATEL CAPITAL have?: VATEL CAPITAL has 14 active portfolio companies and 2 completed exits and 2 funds tracked on GP Intel.
Where is VATEL CAPITAL headquartered?: VATEL CAPITAL is headquartered in Paris, France.
What is VATEL CAPITAL's assets under management?: VATEL CAPITAL manages approximately €550M in assets under management.
When was VATEL CAPITAL founded?: VATEL CAPITAL was founded in 2008.
What sectors does VATEL CAPITAL invest in?: VATEL CAPITAL invests across Healthcare, Energy, Business Services, Industrials.
What are VATEL CAPITAL's recent exits?: Recent realized exits by VATEL CAPITAL include: ZOOMALIA (2025) to Holding Nicole; OHRE Pharma (2021) to Strategic Generics France.