Trocadero Capital Partners

Managing Partners Charles-Henri Rossignol and Adrien Loubère lead all investment decisions. The firm operates with a concentrated investment committee structure where operating partners feed directly into deal underwriting.

The firm executes control and significant-minority buyouts in B2B services and software companies. Deals typically center on founder succession — acquiring businesses where the owner-operator is retiring without an internal successor — and then installing experienced operating partners to professionalize management and accelerate growth.

Trocadero avoids consumer-facing businesses, retail, hospitality, and deeply cyclical industrial sectors. The firm's public record and deal history show a strict focus on B2B services, enterprise software, digital health, and niche industrial technology.

Trocadero invests exclusively through direct platform acquisitions and bolt-on M&A for its portfolio companies. It does not operate a fund-of-funds program or make LP commitments to third-party managers.

The firm targets profitable lower mid-market companies with EUR 5 million to EUR 40 million in revenue. It does not invest in early-stage startups, venture capital rounds, or pre-revenue companies. Scope covers growth buyouts, management buyouts, succession-driven acquisitions, and public-to-private transactions in France and Benelux.

The firm operates as a Société de Libre Partenariat, the standard French limited-partnership structure for private equity funds. This vehicle aligns general partner and limited partner interests and passes through investment returns with tax transparency for LPs.

Trocadero sources through a network of regional accountants, wealth advisors, corporate lawyers, and family-business intermediaries across France. This network identifies succession-driven ownership transitions before they reach auction processes, allowing the firm to negotiate bilaterally with retiring founders.