
Astorg
Description
Astorg is a prominent European private equity firm based in Paris, France, known for its focus on B2B professional services, healthcare, software, and technology-enabled businesses. Established in 1998, the firm has grown significantly to become a major player in the mid-market and large-cap segments of the private equity landscape. Astorg differentiates itself by investing in market-leading, global companies with strong growth potential and resilient business models, often partnering with management teams to drive strategic development and operational improvements.
The firm's investment strategy centers on acquiring majority stakes in well-established companies, typically those with enterprise values ranging from €200 million to several billion euros. Astorg employs a long-term, hands-on approach, leveraging its sector expertise and operational capabilities to support portfolio companies in their international expansion, M&A activities, and digital transformation initiatives. Their portfolio often includes businesses that provide critical services or products, demonstrating high recurring revenues and strong competitive advantages. Astorg's disciplined investment process emphasizes deep due diligence and a commitment to creating sustainable value.
Astorg commands substantial capital, managing over €20 billion in funds across its various strategies. This significant asset base underscores its capacity to execute large-scale transactions and support ambitious growth plans for its portfolio companies. For instance, their latest flagship fund, Astorg VIII, successfully closed at €5.1 billion in 2022, highlighting strong investor confidence in their strategy and track record. The firm's typical equity cheques reflect its focus on substantial, controlling investments, usually ranging from approximately $108 million (€100 million) to over $810 million (€750 million) per deal, enabling them to be a lead investor in complex transactions. Astorg's global reach, combined with its sector-specific knowledge, positions it as a preferred partner for entrepreneurs and corporations seeking strategic capital and operational expertise.
Investor Profile
Astorg has backed more than 20 startups, with 0 new investments in the last 12 months alone. The firm has led 9 rounds, about 45% of its total and boasts 12 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Secondary Market, Series C rounds (top funding stages).
- Majority of deals are located in France, United States, United Kingdom.
- Strong thematic focus on Manufacturing, Biotechnology, Health Care.
- Typical check size: $108M – $810M.
Stage Focus
- Private Equity (80%)
- Secondary Market (10%)
- Series C (5%)
- Series Unknown (5%)
Country Focus
- France (60%)
- United States (15%)
- United Kingdom (10%)
- Brazil (5%)
- Ireland (5%)
- Italy (5%)
Industry Focus
- Manufacturing
- Biotechnology
- Health Care
- Software
- Information Technology
- Pharmaceutical
- Health Diagnostics
- Enterprise Software
- Saas
- Consulting
Frequently Asked Questions
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