LBO France

Robert Daussun has served as Chairman since 2018, providing strategic oversight across the platform. Day-to-day investment decisions are delegated to dedicated heads of each strategy vertical — the buyout team, growth equity team, and real estate team each operate with sector-focused investment committees. The firm has historically promoted investment leads internally, with senior partners averaging over a decade of tenure.

The firm targets majority and control buyouts in the mid-market, growth equity rounds in high-growth sectors, and value-add real estate acquisitions. Buyout targets are typically profitable French or Southern European companies with enterprise values between €50 million and €500 million. The growth and venture strategies step in earlier, occasionally investing at minority stakes in digital health and enterprise software.

No. LBO France is a generalist private equity asset manager, not a family office. It raises capital from institutional limited partners — pension funds, insurers, funds of funds — and deploys across commingled funds. The firm does not manage a single family's wealth or serve as a multi-family office.

The bulk of deal activity concentrates on France, with secondary coverage of Southern Europe — particularly Italy and Spain. The real estate practice is almost entirely domestic, focused on Paris and regional French cities. Cross-border platform deals occasionally appear, but deep local sourcing is the firm's structural edge.

Public energy, commodities, financial services, and heavy cyclical industrials are generally absent from the portfolio. The firm maintains a stated exclusion on defense and weapons manufacturing. Sector focus skews toward services, consumer, healthcare, and light industrials — avoiding capital-intensive or regulatory-heavy verticals where mid-market firms lack scale advantage.

The real estate business runs as a distinct vertical with its own dedicated team and fund series, targeting value-add and opportunistic deals in French commercial property. It operates adjacent to the private equity team, with separate capital pools and investor bases. In prior cycles, real estate vehicles have exceeded €500 million in commitments and focus on Paris offices, logistics parks, and urban residential repositioning.

Known portfolio companies across the firm's history include Saur, one of France's largest water and waste management operators; Kiloutou, a major European equipment rental platform; and Camaïeu, a national women's fashion retailer that undergoing restructuring before eventual liquidation. These deals illustrate the firm's long-standing pattern of buying corporate carve-outs and family-founded French businesses.