Pechel Industries

Maurice Tchenio founded Pechel Industries in 1988. His wealth originates from co-founding Apax Partners France in 1972 and leading it as one of Europe's earliest and most successful private equity firms. Tchenio remained chairman of the French Apax entity until 2016, when the team separated from the global Apax network and rebranded as Seven2.

Pechel Industries is the family office of Maurice Tchenio, who co-founded Apax Partners France in 1972. The firm is structurally separate from Apax Partners and its successor entity Seven2, though its investment heritage traces directly to the buyout approach Tchenio developed over four decades at Apax.

Pechel pursues a generalist mid-market strategy centered on direct equity investments in French and European companies. The office has historically deployed capital across private equity buyouts, growth equity, venture capital, and real estate. Specific sector exposures have included business services, industrials, and consumer goods.

Publicly available detail on Pechel's fund-commitment activity is limited. Given Tchenio's GP background, the office likely evaluates both direct opportunities and LP commitments to external managers, though the balance between these approaches has not been publicly disclosed.

Pechel Industries concentrates its investments in France, with additional exposure to select opportunities across Europe. The office's headquarters are in Paris, consistent with its French mid-market focus.

Maurice Tchenio established the Tchenio Family Foundation as a separate entity to pursue charitable activities. The foundation operates independently from Pechel Industries' investment activities.

Pechel's co-investment appetite has not been publicly detailed. Family offices with GP heritage often participate alongside external sponsors on a deal-by-deal basis, though the firm's specific co-investment policy is not a matter of public record.