Sagard SAS
European private equity management company of Sagard
Also known as Sagard (France), Sagard MidCap, Sagard NewGen
Paris private equity manager founded in 2003 with Desmarais family support, running Sagard MidCap (€40–200m tickets) and Sagard NewGen (tech and healthcare, €10–50m); part of Sagard since 2020.
The Paris private equity management company of Sagard; the wider Sagard group is a multi-strategy alternative asset manager headquartered in Canada.
- HEADQUARTERS
- Paris, France
- FOUNDED
- 2003
- AUM
- €2B (2022)
- OUTSIDE CAPITAL
- Yes
- TEAM LISTED
- 9 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
Sagard SAS is the Paris-based private equity management company behind the Sagard MidCap and Sagard NewGen strategies. Sagard MidCap, founded in 2003 with the support of the Desmarais family, invests €40–200m as majority or active minority shareholder in mid-sized companies in business services, food and consumer, healthcare, financial services, industry and technology, with an investor base including around 30 industrial families and institutional investors. Sagard NewGen, launched in 2020, makes €10–50m investments in profitable European technology and healthcare companies. Sagard SAS was acquired in 2020 by Sagard, the global multi-strategy alternative asset manager chaired by Paul Desmarais III.
INVESTMENT THESIS
MidCap: growth-focused majority or active minority deals of €40–200m in French and European mid-sized companies, with buy-and-build (average of over four add-ons per investment) and international expansion. NewGen: majority or minority investments of €10–50m, with or without leverage, in profitable European tech and healthcare companies with revenues up to €150m.
PORTFOLIO (9)
- DiliTrustNOTABLESoftware & SaaS
- I-TRACINGNOTABLESoftware & SaaS
- Asobo StudioNOTABLEMedia & Entertainment
- Quipmentsince 2026
- PrimelisSoftware & SaaS · since 2024
- Groupe AcceoIndustrial & Manufacturing · since 2024
- Horizon SoftwareSoftware & SaaS
- Groupe Destaing
- Sterimed
TEAM
- Jocelyn LefebvreFounding Partner, Sagard MidCap and NewGen · source
- Rik BatteyPartner, Sagard MidCap · source
- Maxime BaudryPartner, Sagard MidCap · source
- Andrea BertoncelloPartner, Sagard MidCap · source
- Antoine Ernoult-DairainePartner, Sagard MidCap · source
- Saik PaugamPartner, Sagard MidCap · source
- Bérangère BarbePartner, Sagard NewGen · source
- Agnès Huyghues DespointesPartner, Sagard NewGen · source
- Guillaume LefebvrePartner, Sagard NewGen · source
LINKS
FAQ
Sagard SAS is a private equity fund based in Paris, France, founded in 2003.
Yes. Sagard SAS invests directly in private companies.
Sagard SAS invests at Growth and Buyout stages in Software & SaaS, Consumer & E-commerce, Food & Agriculture, Industrial & Manufacturing and Fintech.
Sagard SAS's stated ticket size is €10M–€200M.
Key people at Sagard SAS include Jocelyn Lefebvre (Founding Partner, Sagard MidCap and NewGen), Rik Battey (Partner, Sagard MidCap), Maxime Baudry (Partner, Sagard MidCap) and Andrea Bertoncello (Partner, Sagard MidCap).
Sagard SAS's investments include DiliTrust, I-TRACING, Asobo Studio, Quipment, Primelis, Groupe Acceo, Horizon Software and Groupe Destaing, among others.
The most recent publicly reported investment by Sagard SAS is Quipment (Minority growth investment (Sagard NewGen)), announced in Jan 2026.
Yes. Sagard SAS manages capital from outside investors.