Alliance Entreprendre’s newest Small Cap LBO fund reaches a final close at over €80 million

Alliance Entreprendre, an affiliate of Natixis Investment Managers and one of the Small Cap leaders in France, has raised more than €80 million for its new generation of funds dedicated to majority buyouts, FPCI Alliance LBO¹ after its final close.

With this new funding round, Alliance Entreprendre is asserting its ambition to turn resolutely towards a third-party asset management model. In fact, it has brought in close to thirty new institutional, family office, and entrepreneurial investors. The investment company now has over €500 million in assets under management/advisory.

Chloé Bessières, Head of Investor Relations at Alliance Entreprendre, said, “The success of this fundraising is a testament to the confidence our team and our strategy inspire. Our longstanding investors are also choosing to stay with us, as you can see by their massive turnout for this new round. With this funding, Alliance Entreprendre can solidify its third-party asset management strategy with a significant expansion of its investor base”.

“This fundraising consolidates our investment company into a platform that draws on three dedicated investment teams (Alliance LBO, Alliance Développement, and Alliance Capital Privé). With this structure that has been in place for three years, we are offering solid expertise, both to the investors whose money we manage and the managers of investments we support”, explains Olivier Boré, Chairman of Alliance Entreprendre.

The Alliance LBO team of six professionals invests initial tickets of up to €15 million in majority transfers of French SMEs using co-investment funds that it manages if necessary. The team intends to pursue its strategy of supporting ambitious management teams in their organic and external growth strategy while accelerating their transformation plan.

According to Laurent Colléatte, Deputy General Manager of Alliance Entreprendre and Head of Alliance LBO, “The way that investors welcomed the Alliance LBO Fund proves the relevance of its positioning and our team’s approach – combining their knowledge of entrepreneurs’ realities with their expertise in supporting French small caps as they become tomorrow’s leaders.”

The team maintained an active investment policy in 2020. It upheld its investment discipline, focusing on companies operating in resilient sectors and showing significant organic growth potential combined with a robust external growth plan. To date, FPCI Alliance LBO is already over 40% deployed, with seven investments and six external growth operations completed.

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