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Private Equity FundPuts its own capital into companiesLAST VERIFIED Oct 2026 · 7 SOURCES

Peninsular Capital

Also known as Peninsular Capital Management, PENINSULAR CAPITAL MANAGEMENT, PCM

Independent Paris small-cap private equity manager (AMF GP-18000020) taking mostly majority equity stakes in profitable French SMEs with €5M–€25M revenue via MBO/MBI and development deals.

HEADQUARTERS
Paris, France
FOUNDED
2014
AUM
—
OUTSIDE CAPITAL
Yes
TEAM LISTED
3 people

Focus

STAGES
GrowthBuyout
ASSET MIX
Private equity
GEOGRAPHY
France

Overview

Peninsular Capital Management is an independent portfolio management company in Paris that has backed French SMEs since 2015. It invests equity, generally as majority shareholder, in profitable, growing companies with €5M–€25M revenue, supporting buy-ins, buy-outs and development projects with backing from entrepreneur-investors. It reports eight investments and three trade sales; its fund documentation names the FPCI Archipel.

Investment thesis

Generally majority equity investments in profitable, growing French small caps (€5M–€25M revenue per the about page and home-page header; see notes for the €5M–€50M figure in the home-page body) in transmission (MBO, MBI) and development deals, with simple tailored financing structures, light governance and active support for external growth, industrial reorganisation or business-model transitions.

PORTFOLIO (8)

  • Groupe Carsey
    Industrial & Manufacturing · since 2024
  • Armor Panneaux
    Industrial & Manufacturing · since 2022
  • NovaSparks
    Fintech · since 2020 · Exited
  • Mecalectro
    Industrial & Manufacturing · since 2019 · Exited
  • Aménagement Malitourne
    Industrial & Manufacturing · since 2018
  • BMS
    Industrial & Manufacturing · since 2017
  • Lacaux
    Industrial & Manufacturing · since 2016 · Exited
  • IMAC
    Industrial & Manufacturing · since 2015

People

  • Adrien d’Auriol
    Associé · source
  • Virginie Milliet
    Associée · source
  • Antoine Brousse
    Associé · source

Links

Frequently asked questions

Peninsular Capital is a private equity fund based in Paris, France, founded in 2014.

Yes. Peninsular Capital invests its own capital in private companies.

Peninsular Capital invests at Growth and Buyout stages in Industrial & Manufacturing and Fintech.

Key people at Peninsular Capital include Adrien d’Auriol (Associé), Virginie Milliet (Associée) and Antoine Brousse (Associé).

Peninsular Capital's investments include Groupe Carsey, Armor Panneaux, NovaSparks, Mecalectro, Aménagement Malitourne, BMS, Lacaux and IMAC.

The most recent publicly reported investment by Peninsular Capital is Groupe Carsey (Investment (entry December 2024)), announced in Dec 2024.

Yes. Peninsular Capital manages capital from outside investors.