Arcole
Also known as ARCOLE SAS
Paris turnaround and special-situations manager (AMF GP-20225) buying French B2B SMEs and mid-caps (€10–150m revenue) via MBIs, carve-outs and underperformers; €5–15m tickets.
Not Arcole Industries, the founders' former turnaround holding (no longer investing since 2022; its subsidiaries stay in that holding).
- HEADQUARTERS
- Paris, France
- FOUNDED
- 2021
- AUM
- —
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 8 people
Focus
- STAGES
- Buyout
- SECTORS
- Industrial & Manufacturing
- ASSET MIX
- Private equity
- GEOGRAPHY
- France
Overview
Arcole is a Paris portfolio management company founded in 2021 by Delphine Inesta, Renaud Sueur and Alexandre Bachelier, who previously ran the turnaround holding Arcole Industries together for about 12 years. It acquires majority or minority stakes, plus quasi-equity, in French B2B industrial and service companies in difficulty or underperforming, with revenue of €10–150m. Its inaugural fund closed at €70m in March 2022 with Bpifrance, the European Investment Fund, family offices and entrepreneurs as subscribers. Holdings since 2023 include Allimand, Black Tiger, Agence Babel, Setic Pourtier and Methal.
Investment thesis
MBIs, carve-outs and turnarounds of underperforming French B2B industrial and service SMEs/mid-caps (€10–150m revenue), majority or minority, with hands-on operational support of management.
PORTFOLIO (5)
- MethalNOTABLEIndustrial & Manufacturing · since 2025
- AllimandNOTABLEIndustrial & Manufacturing · since 2023
- Setic PourtierIndustrial & Manufacturing · since 2024
- Agence BabelMedia & Entertainment · since 2024
- Black TigerSoftware & SaaS · since 2023
People
- Delphine InestaCo-founder, Managing Partner · source
- Renaud SueurCo-founder, Managing Partner · source
- Alexandre BachelierCo-founder, Partner · source
- Benjamin DierickxPartner (MBI practice, joined 2024) · source
- Alexis MonodDirector · source
- Line LavenantInvestment Manager · source
- Martin SavinelInvestment Manager · source
- Jean-François SarrazinFinancial Director · source
Links
Frequently asked questions
Arcole is a private equity fund based in Paris, France, founded in 2021.
Yes. Arcole invests its own capital in private companies.
Arcole invests at Buyout stage in Industrial & Manufacturing.
Arcole's stated ticket size is €5M–€15M.
Key people at Arcole include Delphine Inesta (Co-founder, Managing Partner), Renaud Sueur (Co-founder, Managing Partner), Alexandre Bachelier (Co-founder, Partner) and Benjamin Dierickx (Partner (MBI practice, joined 2024)).
Arcole's investments include Methal, Allimand, Setic Pourtier, Agence Babel and Black Tiger.
The most recent publicly reported investment by Arcole is Methal (Carve-out (ten French heat-treatment sites of Bodycote)), announced in Nov 2025.
Yes. Arcole manages capital from outside investors.