Albarest Partners

What Albarest Partners does

Albarest Partners is a private, AMF-regulated portfolio management company based in Lyon, founded in 2019 as a spin-off from MBO Partenaires’ Lyon office. The firm manages private equity funds focused on small-cap SME transmission transactions, including LBO/MBO situations, and development capital in the greater Southeast of France. Its target market is SME owners and management teams seeking succession capital, growth equity, external growth support, and governance professionalization, with disclosed target enterprise values of €10 million to €50 million and investment tickets of €5 million to €15 million.

The firm’s main products are the Albacap 1 and Albacap 2 FPCI funds, supported by services covering transmission and development, buy-and-build support, and ESG integration. Albarest is not a technology company and does not disclose proprietary software, AI, APIs, or technical infrastructure; its operating model is based on investment sourcing, due diligence, equity financing, portfolio governance, and operational support through Operating Partners in areas such as ESG and finance.

Albarest generates revenue through management fees on assets under management and performance fees/carried interest linked to fund returns; specific fund terms are not publicly disclosed. Albacap 1 closed at €114 million in July 2022, above its initial €100 million target, and had made 12 investments by November 2024. Albacap 2 had its first closing in January 2025 and made its first investment operation in June 2025, indicating a continuation of the same regional small-cap strategy rather than a material pivot.

Name

Albarest Partners

Legal name

Albarest Partners

Website

https://albarest-partners.com

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

Albarest Partners is a Lyon-based private equity manager investing FPCI funds in small-cap SME transmission and growth capital transactions across southeast France, serving business owners through equity financing, governance support, ESG assistance, and buy-and-build advice.

Ownership category

akta.pro rank

Headquarters

HQ city

Lyon

HQ country

France

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Management fees: Albarest Partners generates revenue through management fees charged on assets under management across its FPCI funds (Albacap 1 and Albacap 2).
2. Performance fees (Carried interest): The firm earns carried interest on investment returns, aligning manager and investor interests in fund performance.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Albarest Partners manages private equity FPCI funds (Albacap 1 at €114M final closing and Albacap 2 in fundraising) that finance small-cap companies in South-East France via LBO/MBO transmission and capital-development operations, with typical ticket sizes of 5–15 M€ per transaction. The firm accompanies portfolio companies with operational support through dedicated Operating Partners in ESG and Finance, and assists with external growth acquisitions across sourcing, structuring, financing, and integration.

Product overview

Albarest Partners operates as a independent investment management company (Société de Gestion de Portefeuille) offering two main investment funds (Albacap 1 and Albacap 2) focused on small-cap transmission (LBO) and capital development in South-East France. The company provides investment services including Transmission et Développement for company succession and growth, Croissances Externes for M&A support to portfolio companies, and a comprehensive ESG approach integrated throughout the investment lifecycle. The portfolio includes diverse companies across sectors such as digital marketing (HIGH CONNEXION), remanufacturing (OPTYM-HA), leisure/sports (ALL IN GROUP), water treatment (AQUASPHERE), technical consumables (MERARD), electrical engineering (GENIUS ENERGIES), food/agribusiness (GOLOCAL), charcuterie (ARCADO), financial services (FIDLEASE GROUPE), IoT/IT deployment (AIRRIA), software (MASA GROUP), and application performance monitoring (IP-LABEL).

Differentiator

Problem solved

Functional benefit

Products and services

• Albacap 1 First private equity FPCI fund managed by Albarest Partners, focused on small-cap LBO transmission and capital-development operations in South-East France with ticket sizes of 5–15 M€ per investment; achieved a final closing of €114M in July 2022 and deployed 12 investments between February 2021 and November 2024.
• Albacap 2 Second private equity FPCI fund managed by Albarest Partners with a strategy similar to Albacap 1, targeting small-cap LBO and capital-development opportunities in South-East France; reached first closing in January 2025 at roughly two-thirds of its target size and made its first investment in June 2025.
• Transmission et Développement Core investment service offering LBO transmission (business transfer via leveraged buyout) and capital-development (renforcement de fonds propres) for small-cap companies in South-East France, complemented by operational support from dedicated Operating Partners for portfolio-company management teams.
• Croissances Externes External growth advisory service for portfolio companies supporting add-on acquisitions across sourcing, negotiation, legal and tax structuring, financing, and integration strategy.

Named customers12 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• En Cordée Endowment FundcoreOthersEndowment fund established by Albarest Partners in December 2021 to support social causes including education, professional integration, disability support, and health. Abondé by Albarest Partners and its team. 80 foundations sheltered, 30 expert volunteers, 1555 projects supported in 2024.

Scale indicators5 records

Recent moves11 records

Expansion highlights6 records

Market position

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@AlbarestPartners
• LinkedInlinkedin.com/company/albarest-partners

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments1 record

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

Frequently asked questions about Albarest Partners