Latour Capital
Also known as Latour Capital Management, Latour Capital Management SAS
Independent Paris private equity firm founded in 2011, taking majority and minority stakes in French and European companies via buyouts and carve-outs; about €5bn under management (2025).
- HEADQUARTERS
- Paris, France
- FOUNDED
- 2011
- AUM
- €5B (2025)
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 12 people
FOCUS
- STAGES
- GrowthBuyout
- ASSET MIX
- Private equity
- GEOGRAPHY
- FranceEurope
WHAT IT IS
Private Equity Fund. A fund manager investing limited-partner capital into mature private companies.
ABOUT
Latour Capital is an independent Paris management company founded in 2011 and led by two of its founders, Cédric Bannel and Philippe Leoni. It takes majority and minority stakes in growth-capital and buyout transactions in companies based in France and Europe, with a generalist approach, a particular interest in business services and a preference for primary deals such as spin-offs of non-strategic subsidiaries of large groups. It states about €5bn under management in 2025, up from its €115M first fund raised in 2011. Since 2025–2026 it also runs a small-cap fund (Latour Small I) and a defence fund (Emergence Défense).
INVESTMENT THESIS
Generalist, with emphasis on business services; primary transactions and carve-outs of non-strategic subsidiaries of large groups; companies with strong growth potential, a specific competitive advantage, strong or potential international activity and a solid management team; an industrial plan is drawn up before each investment.
PORTFOLIO (12)
- Celeres (ex-GTD Space & Security)NOTABLEsince 2026
- since 2025
- LynxeoNOTABLEIndustrial & Manufacturing · since 2025
- SYSTRANOTABLEMobility & Logistics · since 2024
- Deep Tech · since 2025
- since 2025
- Industrial & Manufacturing · since 2025
- Industrial & Manufacturing · since 2024
- Software & SaaS · since 2024
- Industrial & Manufacturing · since 2023
- since 2021
- Fintech · since 2020
TEAM
- Cédric BannelFounding Partner · source
- Philippe LeoniFounding Partner · source
- Didier GaudouxPartner · source
- Jean-François BeaudoinPartner · source
- Maxime PicatPartner · source
- Maxime GuttonPartner · source
- Gaspard LacoeuilhePartner · source
- Sylvain DekensPartner · source
- Nicholas WhitbeckPartner · source
- Camille DefayePartner, Directeur Financier & Secrétaire Général · source
- Alexis MorelPartner (fonds Défense) · source
- Cécile Nguyen-CluzelPartner (fonds Défense) · source
LINKS
FAQ
Latour Capital is a private equity fund based in Paris, France, founded in 2011.
Yes. Latour Capital invests directly in private companies.
Latour Capital invests at Growth and Buyout stages in Industrial & Manufacturing, Fintech and Software & SaaS.
Key people at Latour Capital include Cédric Bannel (Founding Partner), Philippe Leoni (Founding Partner), Didier Gaudoux (Partner) and Jean-François Beaudoin (Partner).
Latour Capital's investments include Celeres (ex-GTD Space & Security), Savelys (ex-ENGIE Home Services), Lynxeo, SYSTRA, CERBAIR, NovaVet, Rollakin and Groupe VISCO, among others.
The most recent publicly reported investment by Latour Capital is Celeres (ex-GTD Space & Security) (Majority carve-out acquisition from GTD (Spain)), announced in Sep 2026.
Yes. Latour Capital manages capital from outside investors.