# Mermoz Participations

Mermoz Participations is a Private Equity based in Lyon, France.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Lyon, France
- **Region:** Europe
- **Address:** 60 Avenue Jean Mermoz, Lyon, 69008, France
- **Founded:** 2018
- **Assets under management:** Undisclosed
- **Website:** mermoz-participations.fr
- **LinkedIn:** https://www.linkedin.com/company/groupe-mermoz

## Regulatory record

- **Reports private funds:** No

## About

Groupe Mermoz is an independent actor in the regional economic development of industrial SMEs. It provides investment, transmission, leasing and accompaniment, with a focus on the growth and transfer of industrial SMEs. Founded by David Jomain, Pierre Jourdain and Lauriane Genoud, it operates with local proximity in Auvergne-Rhône-Alpes and Bourgogne-Franche-Comté.

## Sectors

- Industrial Tech

## Offices

- Saint-Étienne, France
- Annecy, France

## People

- David Jomain — Président
- Lauriane Genoud — Directrice Générale
- Pierre Jourdain — Associé Fondateur
- Géraldine Aubry — Associée

## Questions

### Who runs investment decisions at Mermoz Participations?

The founding trio — David Jomain (Président), Lauriane Genoud (Directrice Générale), and Pierre Jourdain (Associé Fondateur) — leads all investment activities. Jomain’s background is in SME banking and operational regional management at SOMUDIMEC and RDD. Jourdain spent nearly 30 years in industrial minority-stake investing and board-level roles at Rhône Dauphiné Développement. Genoud joined Mermoz in 2018 after an SME banking career and now oversees operational strategy and HR integration at portfolio companies.

### How does Mermoz source proprietary deal flow?

Sourcing runs through regional proximity and a dedicated leasing unit. The firm maintains offices in Lyon, Saint-Étienne, and Annecy, and its partners sit inside the industrial ecosystems of Auvergne-Rhône-Alpes and Bourgogne-Franche-Comté. The leasing arm, led by Vincent Charmet, provides asset financing to industrial SMEs, creating an early-window view of capital needs before a full equity transaction or succession event arises.

### Does Mermoz raise a traditional institutional fund?

No. Mermoz uses a club-deal structure, raising capital on a deal-by-deal basis from a private network of regional subscribers. It does not disclose a formal fund series, target sizes, or limited-partner reporting cycles — the model is closer to a deal-syndication collective than to a regulated GP managing closed-end funds.

### What investment stages does Mermoz target?

The firm targets buyout and growth-stage investments in small and mid-sized industrial enterprises. Its mandate spans majority and minority stakes, and it explicitly structures succession (transmission) deals for owner-operators preparing to exit. The in-house leasing capability can also function as a lighter-touch, earlier-stage capital entry point.

### How is Mermoz Participations’ leasing business related to its equity practice?

The leasing unit sits inside the same legal group and serves as both a standalone financing product and an origination channel. Industrial SMEs that use Mermoz for equipment or asset leasing frequently surface later-stage equity or succession needs, giving the firm a proprietary sourcing advantage in its core regions.

## Related profiles

- [Merlin Ventures](https://altss.com/profile/merlin-ventures)
- [Meron Capital](https://altss.com/profile/meron-capital)

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Last updated: 2026-08-11T15:07:26.757Z

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