Private Equity Firm Financial Services

Siparex

Paris, France

Independent French private equity specialist with ~€3.7B capital under management, investing via multiple strategies (Private Equity including Tilt, Entrepreneurs, Territoires, Midcap, ETI; Venture Capital via XAnge; and Private Debt), with offices across France and an international footprint (e.g., Milan, Berlin, Brussels) and partnerships in Africa and North America.

Focus Areas
Private Equity, Venture Capital, Private Debt
Website
siparex.com

Tracked deals

9

9 tracked deals across 2019-2026.

Recent pace

2

2 tracked deals announced in the last 12 months.

Deal mix

Buyout

5 buyout · 2 addon · 2 growth capital

Siparex Acquisition Volume by Year

Last 6 years

Acquisition volume by year Annual acquisition counts for the last 6 years for Siparex. 1 2019 1 2021 3 2023 1 2024 1 2025 ~3 est. 2 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Siparex Midcap 4, Insec Equity Partners
    Target
    Corali Group, Groupe Corali
    Seller
    Corali family
    Location
    Italy
    Type
    Buyout

    Siparex Midcap 4, together with co-investor Insec Equity Partners, acquired a majority stake in Corali Group in an ownership-transition deal. The Corali family (including CEO Graziella Corali) retains a minority stake to support management and strategic continuity, with plans to accelerate international expansion (notably North America) and execute an active build-up strategy.

  • Buyer
    Siparex ETI
    Target
    ATK Sports
    Seller
    Progressio SGR, Progressio Investimenti III
    Location
    Emilia-Romagna, Italy
    Type
    Buyout

    Siparex ETI has signed an agreement to acquire a majority stake in ATK Sports, a global leader in ski mountaineering bindings, from Progressio SGR. The deal also includes the Indulti family and other financial investors, with plans to accelerate international expansion and expand ATK’s “hybrid” bindings and new outdoor product lines.

  • Buyer
    TiLT Capital Partners, SWEN Capital Partners
    Target
    Negratín Global Services
    Industry
    Energy
    Location
    Andalusia, Spain

    TiLT Capital Partners has acquired a 38% stake in Spain-based Negratín Global Services, with SWEN Capital Partners also participating in the minority investment. The growth-capital investment will support Negratín's expansion into larger-scale EPC projects, accelerate the roll-out of its own photovoltaic plants as an IPP, and strengthen international expansion while the founders remain majority shareholders.

  • Buyer
    CARSO, ARCHIMED, CAPZA Flex Equity Mid-Market, Siparex
    Target
    Arace Laboratori, AQCF, Three asbestos testing laboratories (carve-out from AC Environnement)
    Seller
    AC Environnement, Founders and management of Arace Laboratori and AQCF (rolled equity)
    Location
    France
    Type
    Addon

    ARCHIMED, together with partners CAPZA Flex Equity Mid‑Market and Siparex, funded three concurrent add-on acquisitions by CARSO: Italian Arace Laboratori, French food‑safety specialist AQCF, and a grouping of three asbestos testing laboratories carved out from AC Environnement. The deals, financed by equity from shareholders and a debt facility arranged by Tikehau Capital, strengthen CARSO's position as France's market leader in health‑at‑work and purity testing and accelerate its European consolidation strategy.

  • Buyer
    TiLT Capital Partners (Siparex Group), SWEN Capital Partners
    Target
    Deltalys
    Industry
    Renewable Energy
    Location
    Auvergne-Rhône-Alpes, France

    TiLT Capital Partners (Siparex Group) led a €10 million minority financing round in Deltalys, with participation from SWEN Capital Partners and existing shareholders. The investment will fund expansion of Deltalys's production capacity, geographic roll-out in France, Europe and North America, and strengthening of R&D to broaden applications of its ECOLYS biogas filtration solution.

  • Buyer
    Mérieux Equity Partners, Siparex, Normandie Participations
    Target
    Piercan
    Seller
    Lucas family (founding family), Other historical shareholders
    Industry
    Medical Devices
    Location
    Normandy, France
    Type
    Buyout

    Mérieux Equity Partners' MP4 fund has signed a definitive agreement to acquire a controlling majority stake in Piercan, with Groupe Siparex and regional investor Normandie Participations investing alongside. The deal is a primary LBO that will support Piercan — a Normandy-based, global manufacturer of isolator and dry-box gloves for the pharmaceutical and nuclear industries — to improve industrial capabilities, pursue international expansion and diversify into new market segments; the founding Lucas family and other historical shareholders reinvest part of their proceeds.

  • Buyer
    CARSO Group, ARCHIMED, CAPZA Flex Equity Mid-Market, Siparex
    Target
    Agro.Biolab Laboratory
    Seller
    Family of Agro.Biolab founder Francesco Gallone
    Location
    Apulia, Italy
    Type
    Addon

    French lab testing leader CARSO Group has acquired Agro.Biolab Laboratory, a Bari-based Italian food-safety testing company. The add-on was financed by CARSO's majority owner ARCHIMED with partners CAPZA Flex Equity Mid-Market and Siparex; the Agro.Biolab founder's family will roll over a significant portion of proceeds into a minority stake in CARSO.

  • Buyer
    ARCHIMED, CAPZA Expansion, Siparex
    Target
    CARSO (Groupe CARSO)
    Seller
    EMZ Partners, RAISE, Siparex, Unigrains, Etoile Capital, Founder / management (Bruno Schnepp) - retained minority stake
    Location
    Auvergne-Rhône-Alpes, France
    Type
    Buyout

    Transatlantic healthcare private equity firm ARCHIMED, via its MED Platform I fund and in partnership with CAPZA Expansion and Siparex, has acquired a majority stake in Lyon-based CARSO, a leader in purity and analytical testing for pharma, healthcare, environmental and food sectors. The deal (debt provided by Tikehau Capital and several banks) will support CARSO's internationalization and service-range expansion as the group aims to more than double current annual revenues (above €200 million).

  • Buyer
    Siparex ETI (Siparex), Carvest, BNP Paribas Développement, AfricInvest, Desjardins Capital
    Target
    Sintex NP
    Seller
    Sintex Group (Sintex Plastics Technology)
    Industry
    Manufacturing
    Location
    France
    Type
    Buyout

    Siparex ETI, with co-investors Carvest, BNP Paribas Développement, AfricInvest and Desjardins Capital, signed an agreement to acquire a majority stake in Sintex NP, the European arm of India's Sintex Group. Sintex NP is a leading European processor of polymers, composites and precision metal engineering with ~2,800 employees and €275m in sales (2018); the investment will support accelerated growth via acquisitions and international expansion, particularly into North America.

Related Acquisition Pages

Selling a company? Get in front of buyers like Siparex

Turn tracked acquisition activity into an outreach-ready buyer list.