Private Equity FundAllocates capital directlyActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 13 SOURCES

Seven2

Also known as Apax Partners SAS, Apax Partners France, Seven2 SAS

Paris private equity firm, formerly Apax Partners SAS, investing €15M–€250M of equity in tech, telecom and services SMEs and mid-caps in continental Europe; €5.2bn AUM (2025).

Not to be confused with Apax Partners LLP (London), from which the French firm has been independent since 2006.

HEADQUARTERS: Paris, France
FOUNDED: 1972
AUM: €5.2B (2025)
OUTSIDE CAPITAL: Yes
TEAM LISTED: 9 people

FOCUS

STAGES: GrowthBuyout
SECTORS: Software & SaaS Artificial Intelligence
ASSET MIX: Private equity
GEOGRAPHY: FranceGermanyBelgiumItalyLuxembourgNetherlandsSwitzerland

WHAT IT IS

Private Equity Fund. A fund manager investing limited-partner capital into mature private companies.

ABOUT

Seven2 is an independent Paris private equity firm, wholly owned by its partners, renamed from Apax Partners in 2023; its roots go back to Multinational Management Group, founded in 1972 by Maurice Tchenio and Ronald Cohen. It invests mostly through majority stakes in listed and unlisted SMEs and mid-caps in Tech & Telecom and Services in France, Germany, Belgium, Italy, Luxembourg, the Netherlands and Switzerland. Its MidMarket strategy invests €50M–€250M of equity per deal and its Development (small-cap) strategy €15M–€50M. In June 2025 it reported €5.2bn of assets under management, close to 100 professionals and offices in Paris, Milan, Amsterdam and Munich.

INVESTMENT THESIS

Companies with enterprise values of €10M–€1bn and solid fundamentals whose growth can be accelerated through strategic and operational transformation; generally majority stakes with board representation, minority positions accepted in a partnership with management; average holding period about five years.

PORTFOLIO (12)

ILLUIN TechnologyNOTABLE
Artificial Intelligence · since 2025
MarlinkNOTABLE
since 2016
DstnyNOTABLE
Software & SaaS
Zwart Techniek
since 2025
Crystal
Fintech · since 2021
Expereo
Graitec
Software & SaaS
Efficy
Software & SaaS
Infovista
Software & SaaS
Odigo
Software & SaaS
Opteven
School of Arts
Education

TEAM

Thomas de Villeneuve
Président et Directeur Général · source
Isabelle Hermetet
Managing Partner, Co-Head of Seven2 Development · source
Guillaume Cousseran
Managing Partner · source
Damien de Bettignies
Managing Partner · source
Thomas Simon
Managing Partner, Services MidMarket · source
Marco Conte
Partner, Head of Italy · source
Florian Wolff
Partner, Head of DACH · source
Aida Ben Lamine
Partner, Investor Relations, Capital Formation & Corporate Development · source
Raphaël Delmarre
Directeur Associé, Secrétaire Général · source

FAQ

Seven2 is a private equity fund based in Paris, France, founded in 1972.

Yes. Seven2 invests directly in private companies.

Seven2 invests at Growth and Buyout stages in Software & SaaS and Artificial Intelligence.

Seven2's stated ticket size is €15M–€250M.

Key people at Seven2 include Thomas de Villeneuve (Président et Directeur Général), Isabelle Hermetet (Managing Partner, Co-Head of Seven2 Development), Guillaume Cousseran (Managing Partner) and Damien de Bettignies (Managing Partner).

Seven2's investments include ILLUIN Technology, Marlink, Dstny, Zwart Techniek, Crystal, Expereo, Graitec and Efficy, among others.

The most recent publicly reported investment by Seven2 is ILLUIN Technology (Majority buyout (Apax Development Fund II)), announced in Dec 2025.

Yes. Seven2 manages capital from outside investors.