Hivest Capital Partners

Hivest focuses on situations with inherent complexity: succession-driven sales where founders lack a family successor, corporate carve-outs from larger groups divesting non-core units, and spin-offs requiring operational disentanglement. The firm structures these as majority control buyouts, typically deploying equity checks between €10 million and €50 million. This specialization in off-market, complexity-heavy transactions reduces direct auction competition.

The firm invests primarily in France and extends its mandate across Southern Europe, with active coverage of Iberia and Italy. Its Paris headquarters anchors a network built for principal-led origination in these markets. The firm does not publicly indicate a mandate for Northern European or transatlantic deal-making.

Hivest executes a buy-and-build strategy, using initial platform acquisitions as bases for bolt-on consolidation. The firm installs professional management teams, formalizes operational processes, and pursues add-on acquisitions to achieve scale in fragmented service and industrial markets. Its core thesis relies on transforming founder-led or corporate-orphan businesses into professionally managed, scalable platforms.

The firm relies on principal-led origination, cultivating direct relationships with business owners, corporate development teams, and regional intermediaries. Its focus on complex situations — carve-outs, spin-offs, and succession deals — means a significant portion of its pipeline comes from proprietary, bilateral negotiations rather than formal auction processes. This sourcing model is common among specialized European mid-market GPs seeking to avoid broad-process pricing.

No. Hivest is a buyout-focused private equity firm targeting established mid-market companies with demonstrated revenue streams — typically €10 million to €50 million in top-line revenue. It does not invest in venture capital, early-stage, or growth-equity rounds. Its mandate is structured around control buyouts and operational transformation of mature businesses.