PX3 Partners

Three co-founders — Petter, Gianpiero, and Sébastien — share the managing partner role and jointly direct the firm. Each sits on portfolio company boards and participates in originating and approving transactions. There is no single CEO or CIO designation; authority is distributed across the founding group.

PX3 relies on a dual sourcing mechanism: the three managing partners’ two-decade transatlantic networks and the PX3 One community, a curated group of external industrialists and functional experts. This external bench flags corporate carve-out targets, introduces family-owned businesses, and participates in thematic thesis development, giving the firm early visibility into complex industrial situations that generic auctions rarely surface.

PX3 is an asset manager operating as a private equity firm, not a family office. It raises capital through a commingled fund structure and invests on behalf of external limited partners. The firm’s own website describes it as a pan-European private equity firm.

PX3 pursues buyouts, corporate carve-outs, and growth capital investments, with an emphasis on situations requiring operational transformation. Its first platform deal was a corporate carve-out from a U.S. industrial parent, and the firm’s hired operating community signals a preference for complex, engineering-heavy assets rather than early-stage venture risk.

The firm publicly names three sectors of focus — business services, consumer and leisure, and industrials. There is no disclosed activity in healthcare services, pure-play software, financial services, or real estate outside industrial applications. The absence of these sectors from firm materials suggests a deliberate exclusion.

PX3 runs a hybrid model. A lean internal investment team of roughly 14 professionals is supplemented by PX3 One, a standing community of external operational partners. These partners take board seats, lead portfolio companies, and support due diligence. Cleanova’s CEO, Cofimco’s CEO, and the chairman of both platforms are all drawn from PX3 One.

PX3 has codified a methodology it calls Connected Acceleration, which pairs systematized value-creation levers with its external PX3 One talent community. The intent is to embed operating expertise into portfolio companies from acquisition through exit, rather than relying solely on a small group of internal operating partners. The firm uses this structure to tackle post-carve-out integration and buy-and-build programs.