Private Equity FundPuts its own capital into companiesActive · deal in last 18 monthsLAST VERIFIED Oct 2026 · 18 SOURCES

UNEXO

100%-owned private equity and private debt manager of Nine Crédit Agricole regional banks of western France (Groupe Crédit Agricole)

Also known as Unexo Gestion, Uni Expansion Ouest, UNEXO Crédit Agricole

Rennes-based Crédit Agricole private equity and private debt firm (AMF GP-20000002) for SMEs, mid-caps and start-ups in Brittany, Normandy, Pays de la Loire and Poitou; €639M managed (2025).

HEADQUARTERS: Rennes, France
FOUNDED: 1993
AUM: €639M (2025)
OUTSIDE CAPITAL: Yes
TEAM LISTED: 11 people

Focus

STAGES: Series AGrowthBuyout
SECTORS: Food & Agriculture Industrial & Manufacturing HealthTech Consumer & E-commerce Deep Tech Climate & Energy
ASSET MIX: Private equityVenture capitalPrivate credit
GEOGRAPHY: France

Overview

UNEXO was created in 1993 as Uni Expansion Ouest by Crédit Agricole regional banks to invest in companies of western France, and its management company UNEXO Gestion has been authorised by the AMF since 2020. It is a minority shareholder in more than 100 SMEs and mid-caps of Brittany, Normandy, Pays de la Loire, Charente-Maritime and Deux-Sèvres, investing €0.3M to over €10M in development, transmission and capital reorganisation deals. It added a €300M private debt fund for mid-caps and cooperatives (2016), an innovation capital envelope of €30M (2019) and a mezzanine activity (2021). It has offices in Rennes, Nantes, Rouen and Caen.

Investment thesis

Minority equity and bonds for SMEs and mid-caps of the Grand Ouest with revenue above €5M, all sectors except Crédit Agricole exclusions; start-ups with at least €250k revenue in commercial acceleration (up to €1M per deal, €3M with follow-ons, always co-investing), aligned with Crédit Agricole’s focus areas (agrifood, health and ageing, energy and environment, housing, tourism and sea); €3–15M senior bullet bonds for companies above €50M revenue; €0.5–5M mezzanine for SMEs and mid-caps.

PORTFOLIO (11)

Nature & Stratégie / Laboratoire Science et Nature
Consumer & E-commerce · since 2026
Villard Médical
HealthTech · since 2026
Groupe Francbord
since 2026
Metalu Plast
Industrial & Manufacturing · since 2025
The Reefer Group
Mobility & Logistics
Serapid
Industrial & Manufacturing · since 2025
Groupe Seiven
since 2025
Lumen
since 2025
Sopano
since 2025
Guyot Environnement
Climate & Energy
Groupe SAVEL
Food & Agriculture · since 2024

People

Jean-Yves Carillet
Président · source
Jean-Luc Creach
Directeur général · source
Antony Lemarchand
Directeur exécutif – Responsable du bureau de Nantes · source
Maryan Deroo
Directeur d’investissements Bretagne · source
Edouard Boulan
Directeur d’investissements Normandie; gérant financier dette privée · source
Stéphane Frénéat
Directeur de participations Pays de la Loire et Charente-Maritime Deux-Sèvres · source
Eric Poisson
Directeur de participations Bretagne · source
Anne Dumoulin
Directrice de participations Pays de la Loire et Charente-Maritime Deux-Sèvres · source
Antoine Martiarena
Directeur de participations Bretagne · source
Jérémy Durand
Directeur de participations Capital innovation · source
Grégory Derrien
Directeur de participations du pôle dettes privées · source

Frequently asked questions

UNEXO is a private equity fund based in Rennes, France, founded in 1993.

Yes. UNEXO invests its own capital in private companies.

UNEXO invests at Series A, Growth and Buyout stages in Food & Agriculture, Industrial & Manufacturing, HealthTech, Consumer & E-commerce, Deep Tech and Climate & Energy.

UNEXO's stated ticket size is €300K–€10M.

Key people at UNEXO include Jean-Yves Carillet (Président), Jean-Luc Creach (Directeur général), Antony Lemarchand (Directeur exécutif – Responsable du bureau de Nantes) and Maryan Deroo (Directeur d’investissements Bretagne).

UNEXO's investments include Nature & Stratégie / Laboratoire Science et Nature, Villard Médical, Groupe Francbord, Metalu Plast, The Reefer Group, Serapid, Groupe Seiven and Lumen, among others.

The most recent publicly reported investment by UNEXO is Nature & Stratégie / Laboratoire Science et Nature (Reinvestment in merger, alongside Ouest Croissance and Arkéa Capital), announced in Jul 2026.

Yes. UNEXO manages capital from outside investors.