Multicroissance
Private-equity subsidiary (Groupe BPCE) investing the bank’s own funds Banque Populaire Occitane
Private-equity company of Banque Populaire Occitane (Groupe BPCE), investing its own funds as a minority shareholder (€0.5M–€7M) in established companies of south-west France since 1987.
- HEADQUARTERS
- Balma, France
- FOUNDED
- 1987
- AUM
- —
- OUTSIDE CAPITAL
- No — own capital only
- TEAM LISTED
- 5 people
FOCUS
- STAGES
- GrowthBuyout
- SECTORS
- Industrial & ManufacturingFood & AgricultureConsumer & E-commerceSoftware & SaaSMobility & LogisticsHealthTech
- ASSET MIX
- Private equityDirect investments
- GEOGRAPHY
- France
WHAT IT IS
Corporate VC. A corporation investing from its own balance sheet, usually with strategic goals.
ABOUT
Multicroissance is the private-equity company of Banque Populaire Occitane, based in Balma near Toulouse and active since 1987. It invests its own funds, in equity and quasi-equity of €0.5M–€7M per deal (more through co-investment), as a minority shareholder in growth, buyout and shareholder-reorganisation deals in industry, trading and services across south-west France. The site states it is invested for €120M in about sixty established regional companies.
INVESTMENT THESIS
Multi-sector minority investor in established companies of south-west France, financing organic and external growth, international expansion, management buyouts and capital reorganisations, with long holding periods made possible by investing its own funds.
PORTFOLIO (12)
- FIMACSoftware & SaaS · since 2026
- Groupe Zéphyr (Chariovalie-Subloisirs / Hopper)Mobility & Logistics · since 2026
- Groupe JardelMobility & Logistics · since 2015
- Nexteam GroupIndustrial & Manufacturing
- De SangosseFood & Agriculture
- NewrestFood & Agriculture
- EthiquableFood & Agriculture
- Le Temps des CerisesConsumer & E-commerce
- RecaeroIndustrial & Manufacturing
- Easy CashConsumer & E-commerce
- SofilecIndustrial & Manufacturing
- Groupe FauchéIndustrial & Manufacturing
TEAM
LINKS
FAQ
Multicroissance is a corporate venture arm based in Balma, France, founded in 1987.
Yes. Multicroissance invests directly in private companies.
Multicroissance invests at Growth and Buyout stages in Industrial & Manufacturing, Food & Agriculture, Consumer & E-commerce, Software & SaaS, Mobility & Logistics and HealthTech.
Multicroissance's stated ticket size is €500K–€7M.
Key people at Multicroissance include Laurent Sauvade (Directeur des Investissements), Pierre-François Brunot (Directeur de Participations), Julien Sotom (Directeur de Participations) and Philippe Disconzi (Directeur de Participations).
Multicroissance's investments include FIMAC, Groupe Zéphyr (Chariovalie-Subloisirs / Hopper), Groupe Jardel, Nexteam Group, De Sangosse, Newrest, Ethiquable and Le Temps des Cerises, among others.
The most recent publicly reported investment by Multicroissance is FIMAC (Minority capital reorganisation, alongside Bpifrance), announced in Sep 2026.
No. Multicroissance invests its own capital and does not raise money from outside investors.