A team focused on
We make equity investments between €5 million and €100 million in French small and mid-cap businesses, either as a majority or control minority shareholder.
Abénex works closely with businesses, gaining a deep understanding of the environment in which a company operates to identify a value-creation plan that will achieve the portfolio company’s long-term strategic objectives.
We are focused on helping companies reach their next stage of growth through operational improvements and strategic initiatives. This includes the completion and integration of add-on acquisitions both in France and abroad.
We employ an analytical methodology and pragmatic investment process that closely aligns us with the objectives of management teams.
We have developed specific know-how to address the broad range of issues faced by the entrepreneurs and management we partner with, especially with respect to digitalisation, structuring financial and operational KPIs, helping firms to expand internationally and providing support for operational and strategic initiatives.
Abénex’s portfolio companies have achieved average sales growth of 36% (2017-2019B) and an average EBITDA margin of 14% (2018).
Abénex has provided key value-add support to its portfolio companies having completed over 140 add-on acquisitions since inception.
As a pioneer in the French private equity market, Abénex has developed significant experience through executing over 200 transactions in the healthcare, consumer, services and technology sectors.
Our multi-disciplinary team bring valuable experience from a range of complementary backgrounds. Our professionals have worked at both SMEs and large corporations, in industries such as media and IT, have held operational roles in general management, finance and sales, and also worked in professional services such as strategy consulting, private equity, M&A, corporate banking and audit.
We also have a large network of Industrial Partners who work alongside us during the investment and post-transaction phase to support operational initiatives and assist management in a wide range of ways depending on the needs of the company.
Ability to adapt to varied deal dynamics
Abénex has been a leading investor in small and mid-cap businesses across France and Europe for over 25 years.
Abénex has the knowledge and experience to participate in a wide range of transaction types and complex situations, including large company spin-outs, public-to-private deals and management buy-ins.
Our team is used to overcoming barriers and working around constraints at an early stage. We are pragmatic and place great importance on executing tailored “made-to-measure” investment structures that address the needs of all stakeholders.
Working hand in hand with entrepreneurs
The Abénex team became an independent firm through an LBO, just like the management teams we support.
Our team members personally invest in every deal, thus ensuring that our interests are fully aligned with those of the management teams.
Many of our former entrepreneurs are now investors in our funds, a clear testament to the success of our initial partnership.
Trusted by our Limited Partners
Abénex has prudently increased the size of its funds over time.
Our most recent flagship fund, Abénex V, was oversubscribed and closed €425 million of capital commitments. Abénex is supported by a high-quality repeat investor base, including pension funds, family offices, fund of funds, insurance companies and financial institutions from across Europe and North America.