What All Seas Capital does

All Seas Capital is a London-headquartered pan-European private capital firm founded in 2019 by Marc Ciancimino and Cristobal Cuart, who previously co-founded and led KKR's European mezzanine and preferred equity business. The firm provides flexible, structured capital solutions — combining debt and equity — to mid-market European entrepreneur and family-owned businesses, typically investing €30–100m in companies generating €5–50m EBITDA. Unlike traditional control private equity, All Seas takes non-control minority positions, enabling founders to retain equity exposure and strategic control while accessing growth capital for geographic expansion, bolt-on M&A and operational scaling.

The core offering comprises three intertwined product pillars: transformational capital solutions (hybrid debt and equity tailored to the founder's situation), board-level expertise (governance support, talent development, operational improvement), and a non-control capital structure designed for owners who want upside exposure without selling majority stakes. The firm's go-to-market is founder-led direct origination, leveraging the partners' personal networks across Western and Northern Europe and supported by a growing regional team (London headquarters, Luxembourg GP entities, plus Paris- and Stockholm-based investment directors and DACH senior advisor). All Seas is FCA-authorised as an Appointed Representative of Kroll Securities Limited and is a UNPRI signatory.

All Seas earns revenue through two streams: recurring management fees on assets under management (€575m AUM as of Q4 2025, up from the US$400m maiden fund closed in February 2023) and performance-driven carried interest on successful exits. The firm has backed nine companies across sectors including healthcare (Hakim Group, Zimmer MedizinSysteme, Attivo Group, SoMeD Santé), fitness (Synergym), professional services (G3), business services (Nurture Landscapes) and education (Reducate), with portfolio companies collectively executing 300+ bolt-on acquisitions. Realisations of Hakim Group (2025), G3 (2025) and Synergym (2026) demonstrate a maturing realisation cadence underpinning the fund manager's revenue model.

Name

All Seas Capital

Legal name

All Seas Capital Partners Ltd

Website

https://allseascapital.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Short description

All Seas Capital is a London-based pan-European private capital firm founded in 2019 by ex-KKR partners, providing flexible hybrid debt-and-equity capital solutions (€30–100m tickets) to mid-market European entrepreneur and family-owned businesses with €5–50m EBITDA, managing €575m AUM across nine portfolio companies.

Ownership category

akta.pro rank

Product category

Private Capital / Private Equity Fund Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG)

akta.pro secondary industry

SME Term Loans & Growth Capital (FSAKAGAB)

Keywords

• Private capital investing
• Mid-market mezzanine
• Minority equity investments
• Structured capital solutions
• Growth capital funds

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Management Fees: All Seas Capital generates revenue through management fees from its funds under management. The firm manages €575m AUM as of Q4 2025.
2. Carried Interest: The firm earns carried interest on successful investments and realisations from its portfolio companies, including successful exits such as Synergym, G3, and Hakim Group.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

All Seas Capital provides flexible hybrid capital solutions combining debt and equity to mid-market European entrepreneur and family-owned businesses. The firm typically invests €30-100m in companies generating €5-50m EBITDA, using a non-control minority investment structure that allows founders to retain control. Capital is paired with board-level strategic guidance, operational improvement support, talent development, and M&A advisory through the firm's 100-day plans and active portfolio management.

Product overview

All Seas Capital operates as a pan-European private capital firm offering a unified investment platform centered on transformational capital solutions. The core offering combines flexible hybrid capital (debt and equity combination) with board-level expertise and strategic guidance. The firm targets mid-market businesses with €5-50m EBITDA, typically investing €30-100m per transaction. The product suite encompasses non-control capital solutions, strategic governance support, and operational value-add services—all delivered through an entrepreneurial, collaborative approach that enables business owners to retain control while accelerating growth. All Seas Capital has backed 9 companies across various sectors including financial services, healthcare, fitness, education, and business services.

Differentiator

Problem solved

Functional benefit

Products and services

• Transformational Capital Solutions
• All Seas Capital I Fund

Quantifiable outcome

• €575m AUM as of Q4 2025
• +2 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and minor.

• VivaGymcoreStrategic or Co-development Partner · 27 April 2026VivaGym acquired All Seas Capital's investment in Synergym, combining two complementary businesses to create a scaled fitness platform across Spain and Portugal.
• UNPRIminorStrategic or Co-development PartnerAll Seas Capital is a signatory to the UN Principles for Responsible Investment, demonstrating commitment to ESG integration in investment processes.

Scale indicators21 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• BGF (Business Growth Fund): UK and Ireland's most active growth capital investor, providing minority equity and debt to ambitious small and mid-market businesses. Highly comparable to All Seas on non-control growth capital model, UK SME/mid-market focus, and ticket size (BGF typically £2–£25m equity), making it a primary direct competitor in the UK.
• Mobeus Equity Partners: UK-based private equity firm providing growth and development capital (typically £5–£25m) to UK SMEs, often alongside management teams and founders. Closely aligned with All Seas' UK mid-market, founder-friendly, minority/flexible approach, and overlaps directly on customer profile.
• Stirling Square Capital Partners: London-based pan-European mid-market private equity firm focused on business services and industrial companies, often via partnership with founder/family owners. Comparable in mid-market thesis and European remit; All Seas' Nordic MD Pär Pettersson was previously responsible for Nordic investments at Stirling Square.
• Pemberton Asset Management: European mid-market focused direct lending and private credit manager. Comparable on the debt side of All Seas' hybrid offering, pan-European mid-market origination, and servicing institutional LPs. All Seas' IR Associate Hugh Hadley previously worked on European direct lending at Ares, a closely adjacent platform.
• MML Capital Partners: London-based private capital manager focused on European mid-market companies with flexible debt and minority equity solutions. Closely comparable to All Seas in target market (€5–50m EBITDA), capital structure flexibility, and UK/Western European remit; All Seas' Head of IR Gemma Braithwaite previously worked at MML, evidencing direct operational overlap.
• Capza: Paris-based private investment firm offering flexible equity, private debt and mezzanine solutions to European mid-market companies. Directly comparable to All Seas on hybrid capital offering and mid-market focus; All Seas' Head of France Frederic Chiche previously co-headed Capza's mid-market flexible equity platform.
• Cordet (LGT-affiliated): European mid-market direct lending platform (affiliated with LGT), providing unitranche and senior debt to European SMEs. Comparable on the debt leg of All Seas' hybrid offering, European SME focus, and institutional LP base, though Cordet is debt-only.
• L-GAM Advisors: Pan-European mid-market private capital investor offering flexible capital solutions to family- and founder-owned businesses. Directly comparable in target customer, ticket size, and hybrid capital approach; All Seas' Senior Advisor Dominik Simler was previously Partner & Head of DACH at L-GAM.

Broad incumbents

• 3i Group: London-listed PE and infrastructure investor with growing mid-market private credit and growth capital activities (3i Private Equity, 3i Debt). Comparable on European mid-market focus and similar target customers; All Seas' Head of France Frederic Chiche previously oversaw mid-market majority buyouts in France at 3i.
• Bridgepoint Credit: European mid-market private credit arm of Bridgepoint, providing unitranche, senior and mezzanine debt to European SMEs. Comparable on the credit and hybrid capital side of All Seas' offering, European mid-market origination, and mid-cap institutional LP positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/all-seas-capital

Revenue estimate

Valuation estimate

Number of profiles

Profiles22 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments7 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about All Seas Capital