Naxicap Partners
Affiliated investment manager of Natixis Investment Managers (Groupe BPCE)
Also known as Naxicap
Paris mid-market private equity firm, a Natixis Investment Managers affiliate, taking mostly majority LBO stakes in SMEs and mid-caps in France, Benelux and DACH; €8.3bn AUM (March 2026).
- HEADQUARTERS
- Paris, France
- FOUNDED
- —
- AUM
- €8.3B (2026)
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 4 people
Focus
- STAGES
- GrowthBuyout
- ASSET MIX
- Private equity
- GEOGRAPHY
- FranceBelgiumNetherlandsLuxembourgGermanySwitzerlandSpain
Overview
Naxicap Partners is a French private equity firm that has backed SMEs and mid-caps for over 30 years, historically as a minority growth investor and now mainly through majority LBOs, which make up more than 80% of its deals. It invests across sectors, mainly in profitable B2B companies, in France and, for about 20% of investments, in Benelux, Germany and Spain. It reported €8.3bn of assets under management at 31 March 2026, 68 investment professionals and offices in Paris, Lyon, Toulouse, Nantes, Frankfurt and Zurich.
Investment thesis
Profitable, mainly B2B companies with committed, entrepreneurial management and a long-term strategy; balanced use of leverage; growth through organic initiatives and buy-and-build programmes, favouring majority stakes. Recent sector weights in the NIO III platform: B2B services 44%, technology 24%, financial services 19%, healthcare 13%.
PORTFOLIO (12)
- House of HRNOTABLEExited
- APF Autopartssince 2025
- ADDEV MaterialsIndustrial & Manufacturing · since 2025
- ITAL Express
- WeezeventSoftware & SaaS
- SolutysSoftware & SaaS
- AmarrisFintech
- FibusFintech
- AstoriaFintech
- Global DHealthTech
- AltaresSoftware & SaaS
- Onduline (Ondura)Industrial & Manufacturing · Exited
People
Links
Frequently asked questions
Naxicap Partners is a private equity fund based in Paris, France.
Yes. Naxicap Partners invests its own capital in private companies.
Naxicap Partners invests at Growth and Buyout stages in Software & SaaS, Fintech, HealthTech and Industrial & Manufacturing.
Key people at Naxicap Partners include Éric Aveillan (CEO (Président du Directoire)), Peter Pergovacz (Managing Partner), Axel Bernia (Managing Director) and Angèle Faugier (Managing Director).
Naxicap Partners's investments include House of HR, APF Autoparts, ADDEV Materials, ITAL Express, Weezevent, Solutys, Amarris and Fibus, among others.
The most recent publicly reported investment by Naxicap Partners is APF Autoparts (Majority stake (LBO)), announced in Jul 2025.
Yes. Naxicap Partners manages capital from outside investors.