your partner to change dimension

Azulis Capital supports high-potential SMEs providing equity funding to accelerate dimension change and facilitate transition by committing to environmental and social responsibility.

COVID-19 health crisis

Information on the mobilisation of Azulis Capital
Download our statement in pdf format

/Le regard d'Azulis

Second release (January 2019)

Comment faire grandir les entreprises responsables et engagées?

Covid 19 : Résilience et reliance, les maîtres mots de la reprise

Pendant la crise du covid-19, Azulis Capital a accompagné les sociétés des fonds qu’elle gère dans la mise en place de mesures d’urgence et l’établissement de...
06/11/2020 Read the article

Gestion post-covid : « Le dirigeant sera le facilitateur, les équipes imagineront la mutation »

Partenaire depuis plusieurs années d’Azulis Capital, Raphaël Pinlou est président de Lahire & Partners International, et co-gérant du cabinet Praesta, spécialisé dans...
06/10/2020 Read the article


First close on €200m for MMF6

Paris, le 13 janvier 2021 - Azulis Capital (« Azulis »), l’un des principaux intervenants français indépendants du capital investissement sur le segment du mid market, annonce le premier closing de son sixième fonds, Middle Market Fund 6 (MMF 6)...
01/13/2021 Read more


Une édition 2020 sous le signe de la résilience et de la responsabilité sociale Astrid Cloarec et Donatien Noyelle ont récompensé 2 lauréats et 6 coups de Cœur exemplaires par leur combativité, leur capacité de résilience et...
10/12/2020 Read more


Azulis Capital publishes its 2019 ESG report. Download the PDF report in the section Responsible investor.
12/24/2019 Read more


focuses on french middle market companies with growth potential

We offer buyout or expansion capital schemes to middle market companies with an enterprise value of €20 million to €120 million, with a priority on companies worth €30-€80 million, that are:
- independent, and most often family-owned companies
- managed by dynamic entrepreneurs
- usually with a leading position in their market segment
- with a proactive business plan, and a hub potential around which to structure other businesses
- willing to engage in measures to promote CSR.

  • We support the management team over a period of four to seven years. Our ambition is to significantly increase the value of the company by improving both its financial and non-financial performance.
  • We ensure that management maintains its managerial autonomy and benefits from profit-sharing incentives. We encourage the development of staff profit-sharing in the company.
  • We provide tailor-made solutions to enhance the company’s development capacity.
  • We place high value on management becoming shareholders in the company.


supporting entrepreneurial projects with our sector know-how and experience

Health & Human Services

Industry & Business Services

Food & Beverage

Retail & B2B distribution

A dedicated two-member team of professionals studies each deal opportunity using a double-sided approach combining a sector-based assessment with an in-depth financial review.

We invest as lead or co-lead investor in:

  • leveraged buy-out transactions
  • growth financing
  • capital replacement with leverage (owner buy-out) or not