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Corporate VCPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 13 SOURCES

Carvest – Crédit Agricole Régions Investissement

Joint subsidiary investing the own funds of 11 Crédit Agricole regional banks (Caisses Régionales) of Centre and Eastern France Crédit Agricole (11 regional banks of Centre and Eastern France)

Also known as Carvest, CARVEST, Crédit Agricole Régions Investissement, Carvest Crédit Agricole Régions Investissement

Joint subsidiary of 11 Crédit Agricole regional banks investing their own funds as minority shareholder (€0.3M–€15M) and lender in SMEs and mid-caps of Centre and Eastern France.

HEADQUARTERS
Champagne-au-Mont-d’Or, France
FOUNDED
2004
AUM
—
OUTSIDE CAPITAL
No — own capital only
TEAM LISTED
7 people

Focus

STAGES
GrowthBuyout
SECTORS
Industrial & ManufacturingFood & AgricultureConsumer & E-commerceSoftware & SaaSHealthTechFintechMobility & Logistics
ASSET MIX
Private equityPrivate creditDirect investments
GEOGRAPHY
France

Overview

Carvest (Crédit Agricole Régions Investissement) is a joint subsidiary of 11 Crédit Agricole regional banks of Centre and Eastern France and invests on their own funds in regional companies. It takes minority stakes in development, buyout (LBO) and shareholder-reorganisation deals, and offers private debt of €3M–€10M with 7–10 year maturities. It works from offices in Lyon, Orléans, Dijon, Reims (Bezannes) and Strasbourg.

Investment thesis

Minority, non-intrusive and long-term (“capital patient”) shareholder in regional SMEs and mid-caps with revenue from €2M; direct tickets of €300k–€15M, alone or in co-investment, larger amounts mobilised through other Crédit Agricole group vehicles; exits agreed with shareholders rather than set by fund life.

PORTFOLIO (17)

  • Calicéo
    Consumer & E-commerce
  • Demathieu Bard
    Industrial & Manufacturing · since 2026
  • Louis Moreau
    Food & Agriculture · since 2026
  • Groupe Lacroix
    since 2026
  • 123 Elec (Groupe Phase Neutre)
    Consumer & E-commerce · since 2026
  • Axe Group
    since 2026
  • Leman Industries
    Industrial & Manufacturing · since 2025
  • Beauvallon Collection
    since 2025
  • Coucoo Cabanes
    Consumer & E-commerce · since 2025
  • Charlois
    since 2025
  • SRC
    Industrial & Manufacturing · since 2025
  • Maintelec
    HealthTech · since 2025
  • Assistia
    since 2025
  • Eduservices
    Education · since 2025
  • Elements
    Industrial & Manufacturing · since 2023
  • Emalec
    Industrial & Manufacturing · since 2024
  • Arcos
    Industrial & Manufacturing · since 2026 · Exited

People

  • Mikael Brelot
    Directeur Général · source
  • Nicolas Guizelin
    Secrétaire Général · source
  • Laurent Saccucci
    Directeur Régional (Lyon) · source
  • Cécile Ormerod
    Directrice Régionale (Orléans) · source
  • Alexandre Brundo
    Directeur Régional (Strasbourg) · source
  • Jérôme Odeyer
    Directeur Régional (Dijon) · source
  • Ronan Auffret
    Directeur de participations (Orléans) · source

Links

Frequently asked questions

Carvest – Crédit Agricole Régions Investissement is a corporate venture arm based in Champagne-au-Mont-d’Or, France, founded in 2004.

Yes. Carvest – Crédit Agricole Régions Investissement invests its own capital in private companies.

Carvest – Crédit Agricole Régions Investissement invests at Growth and Buyout stages in Industrial & Manufacturing, Food & Agriculture, Consumer & E-commerce, Software & SaaS, HealthTech, Fintech and Mobility & Logistics.

Carvest – Crédit Agricole Régions Investissement's stated ticket size is €300K–€15M.

Key people at Carvest – Crédit Agricole Régions Investissement include Mikael Brelot (Directeur Général), Nicolas Guizelin (Secrétaire Général), Laurent Saccucci (Directeur Régional (Lyon)) and Cécile Ormerod (Directrice Régionale (Orléans)).

Carvest – Crédit Agricole Régions Investissement's investments include Calicéo, Demathieu Bard, Louis Moreau, Groupe Lacroix, 123 Elec (Groupe Phase Neutre), Axe Group, Leman Industries and Beauvallon Collection, among others.

The most recent publicly reported investment by Carvest – Crédit Agricole Régions Investissement is Calicéo (Reinvestment as historical shareholder in a new growth cycle (financing of over €240M incl. €145M bank debt), alongside Ekkio Capital, LGMH, BNP Développement, Bpifrance and others), announced in Jun 2026.

No. Carvest – Crédit Agricole Régions Investissement invests its own capital and does not raise money from outside investors.