Limousin Participations

What Limousin Participations does

Limousin Participations is a French venture capital firm (société de capital-risque) founded in 1989 and headquartered in Limoges, in the Nouvelle-Aquitaine region. Structured as a Société Anonyme (SA) with a Conseil d'Administration and share capital of €9,342,836.40, the firm provides minority equity investments (fonds propres) to small and medium enterprises (PME) in Nouvelle-Aquitaine, with a maximum ticket of €750,000 per company. Its investment focus spans company creation, development, and business transmission (succession), primarily targeting industrial companies and service-to-industry firms. The firm positions itself as an active minority shareholder, emphasizing proximity-based relationships with portfolio companies rather than passive financial participation.

Since 2021, the Limousin Participations team has operated within the UI Investissement platform, an independent investment group with approximately 10 regional offices across France and 80 collaborators. This integration extended the firm's reach and resource base while preserving its regional identity and deal origination focus. The firm is presided by Franck Dufour, with a lean team comprising two investment directors (François Lafont and Hélène Trabuchet) and a back-office manager (Florence Dumas).

The business model is that of a classic regional VC: deploy equity capital into portfolio PME, realize returns through exits or capital appreciation, and reinvest. Revenue is not publicly disclosed, consistent with private VC fund economics where top-line figures reflect management fees and realized gains rather than operational revenue. The firm does not operate technology products; its core "technology" is its deal sourcing network, regional relationships, and the institutional infrastructure of the UI Investissement platform.

Name

Limousin Participations

Legal name

Limousin Participations

Website

https://limousin-participations.fr

Company type

Private

Founded year

1989

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (523940), Other Financial Vehicles (52599)

SIC

Investors, Nec (6799)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

akta.pro secondary industry

Venture Capital Fund-of-Funds (FSANAGAC)

Keywords

• Venture capital investment
• SME equity financing
• Regional development capital
• Minority equity stakes
• Company succession financing

Headquarters

HQ city

Limoges

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. Equity Investment Returns: As a venture capital firm, Limousin Participations generates returns through equity investments in portfolio companies. The firm takes minority stakes in PME, providing capital for creation, development, and transmission of companies, with the aim of realizing returns through exits or capital appreciation.

Go-to-market motion1 record

Distribution channels1 record

Core offering

Limousin Participations is a French venture capital firm (société de capital-risque) that acquires minority equity stakes in small and medium-sized enterprises (PMEs) in the Nouvelle-Aquitaine region. The firm supports company creation, development, and transmission/buyout transactions, with a particular focus on industrial companies and service companies serving industry. Maximum investment per company is capped at 750,000 euros, and the firm is backed by the UI Investissement platform since 2021.

Differentiator

Problem solved

Functional benefit

Products and services

• Limousin Participations Capital Investment Minority equity investment service for SMEs (PMEs) in the Nouvelle-Aquitaine region of France, supporting company creation, development, and business succession/transmission transactions. Maximum investment of 750,000 euros per company, focused on industrial companies and service companies serving industry. Investors receive minority equity stakes in target companies.

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Recent moves4 records

Expansion highlights3 records

Emerging players

• Seventure Partners: Paris-based VC firm investing in innovative growth companies with sector specializations. Comparable as a French VC targeting growth capital for emerging companies, though typically earlier in the tech/innovation segment than LP's industrial PME focus.

Broad incumbents

• UI Investissement: Parent platform of LP since 2021, operating ~10 regional offices and 80 collaborators across France. Offers broader regional coverage and larger ticket sizes than LP itself, and is the natural comparison for LP's evolution at platform scale.
• Naxicap Partners: French mid-market PE firm with regional offices investing in PME across France. Comparable in targeting French PME for development and transmission, but with larger ticket sizes and a broader geographic mandate than LP.
• Bpifrance Investissement: French national development bank/PE investor providing minority equity and quasi-equity to PME nationwide, including in Nouvelle-Aquitaine. A major competitor in the regional PME equity space where LP operates.

Direct peers

• Capital Grand Est: Regional VC/PE firm investing equity in PME in the Grand Est region of France. Comparable mandate, governance structure, and ticket size range to LP.
• IRDI Capital Investissement: French regional venture capital firm based in Toulouse (Occitanie) investing equity in regional PME for creation, development, and transmission. Most directly comparable to LP given similar regional PME focus, ticket sizes, and active minority-shareholder model.
• PACA Investissement: Regional VC/PE firm supporting PME in the Provence-Alpes-Côte d'Azur region with equity for growth and succession. Same regional VC-for-PME archetype as LP.
• Rhône-Alpes PME: Regional investment company providing minority equity capital to PME in the Auvergne-Rhône-Alpes region for development and transmission. Directly comparable in business model and target segment to LP.

Regional players

• Aquiti Gestion: Regional VC firm based in Nouvelle-Aquitaine (Bordeaux) investing in early-stage technology and innovative companies in the same region as LP. Directly comparable geographic focus but with a tech/innovation tilt rather than industrial PME.

Others

• France Active Investissement: National network providing equity and quasi-equity to French social and solidarity economy enterprises, including regional PME financing. Adjacent player in the French PME equity space rather than a direct competitor.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/limousin-participations

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments11 records

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

Frequently asked questions about Limousin Participations