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Apicap

Europe, Ile-de-France, France, Paris

Description

Apicap, formerly known as OTC Asset Management, is a prominent independent private equity firm headquartered in Paris, France. Established as a key player in the French market, the firm specializes in growth equity (capital développement) and buyout (capital transmission) investments, primarily targeting small and medium-sized enterprises (SMEs) and mid-caps across various sectors. Apicap manages a substantial portfolio, with assets under management exceeding €1.5 billion as of late 2023, reflecting its significant presence and long-standing activity in the private equity landscape.

The firm's investment strategy focuses on supporting companies through critical phases of their development. Apicap provides capital for organic growth, strategic acquisitions, international expansion, and digital transformation initiatives. They typically partner with businesses generating revenues between €5 million and €100 million, aiming to enhance their operational efficiency and market position. Apicap adopts a hands-on approach, working closely with management teams to implement strategic plans and unlock value.

For its private equity funds, Apicap typically deploys first cheques ranging from €3 million to €10 million per investment, allowing them to acquire significant minority or majority stakes. Their diverse portfolio spans sectors such as healthcare, technology, industrial services, and consumer goods. With over two decades of experience, Apicap has a proven track record of contributing to the growth and professionalization of numerous French companies, solidifying its reputation as a strategic and reliable financial partner in the European private equity ecosystem.

Investor Profile

Apicap has backed more than 45 startups, with 0 new investments in the last 12 months alone. The firm has led 7 rounds, about 16% of its total and boasts 14 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in France, United States, Turkey.
  • Strong thematic focus on Software, Information Technology, SaaS.
  • Typical check size: $3.2M – $10.8M.

Stage Focus

  • Series Unknown (29%)
  • Series A (24%)
  • Series B (20%)
  • Series C (11%)
  • Seed (7%)
  • Series D (4%)
  • Private Equity (2%)
  • Post Ipo Equity (2%)

Country Focus

  • France (80%)
  • United States (16%)
  • Turkey (2%)
  • Ireland (2%)

Industry Focus

  • Software
  • Information Technology
  • Saas
  • Hardware
  • Internet
  • Mobile
  • Telecommunications
  • Biotechnology
  • Marketing
  • Retail
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Apicap frequently co-invest with?

CM-CIC Capital Prive
Europe, Ile-de-France, France, Paris
Co-Investments: 2
Ventech
Europe, Ile-de-France, France, Paris
Co-Investments: 4
Seventure Partners
Europe, Ile-de-France, France, Paris
Co-Investments: 4
GO CAPITAL
Europe, Bretagne, France, Rennes
Co-Investments: 3
Societe Generale Asset Management
Europe, Ile-de-France, France, Paris
Co-Investments: 4
ACG Management
Europe, Provence-Alpes-Cote d'Azur, France, Marseille
Co-Investments: 2
ODYSSEE VENTURE
Europe, Ile-de-France, France, Paris
Co-Investments: 4
Siparex Groupe
Europe, Ile-de-France, France, Paris
Co-Investments: 4
Auriga Partners
Europe, Ile-de-France, France, Paris
Co-Investments: 4
Karista
Europe, Ile-de-France, France, Paris
Co-Investments: 4

What are some of recent deals done by Apicap?

Feelbat

Saint-denis, Ile-de-France, France

Feelbat provides a professional instrumentation tool for monitoring structures, featuring connected sensors for simplified management.

Developer ToolsManufacturingTechnical Support
SeedMay 22, 2024
Amount Raised: $1,082,458
Crowdaa

Sacramento, California, United States

Crowdaa is a mobile-only music store where producers decide how to distribute and monetise their content.

MobileMusicSocial MediaSoftware
SeedApr 17, 2024
Amount Raised: $1,280,296
Karma Koma

Sotta, Corse, France

Karma Koma is specializes in retail and French and international distribution with multi-brand resellers.

FashionRetail
Series UnknownDec 15, 2017
Accengage

Paris, Ile-de-France, France

Accengage is an airship company that building the most advanced user engagement solution.

Big DataCRMMarketingMarketing AutomationMessagingMobileSaaS
Series BJan 12, 2015
Amount Raised: $3,000,000
Axess Vision Technology

Saint-pierre-des-corps, Centre, France

Axess Vision Technology specializes in the design of sterile endoscopes for single use.

Health CareMedical Device
Series BDec 12, 2013
Amount Raised: $4,812,564
Hyland Nuxeo

Brooklyn, New York, United States

Hyland Nuxeo is a content management platform that offers document, digital asset, and claims management services.

Cloud ComputingContentDocument ManagementInsurTechSaaSSoftware
Series UnknownSep 12, 2013
Amount Raised: $3,800,000
Hyland Nuxeo

Brooklyn, New York, United States

Hyland Nuxeo is a content management platform that offers document, digital asset, and claims management services.

Cloud ComputingContentDocument ManagementInsurTechSaaSSoftware
Series AJun 24, 2010
Amount Raised: $3,322,087
Netlogon

Thiais, Ile-de-France, France

Netlogon provides customized information technology training and technology solutions.

Information TechnologyWeb Hosting
Series UnknownJun 16, 2010
Amount Raised: $2,710,000
Logic Instrument

Deuil-la-barre, Ile-de-France, France

Logic Instrument develops and markets portable personal computers and handheld devices.

HardwareSoftware
Post Ipo EquityJun 11, 2010
Amount Raised: $1,480,000
Ekinops

Lannion, Bretagne, France

Ekinops is a provider of optical transport solutions for service providers and private networks.

HardwareInformation TechnologyInternetISPLogisticsOptical CommunicationTelecommunications
Series DJun 1, 2010
Amount Raised: $7,335,923