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Astorg

Europe, Ile-de-France, France, Paris

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
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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 Astorg frequently co-invest with?

Beyond Net Zero
North America, New York, United States, New York
Co-Investments: 1
Investir&+
Europe, Ile-de-France, France, Paris
Co-Investments: 1
Goldman Sachs
North America, New York, United States, New York
Co-Investments: 1
GIC
Asia, Central Region, Singapore, Singapore
Co-Investments: 1
HarbourVest Partners
North America, Massachusetts, United States, Boston
Co-Investments: 1
Novo Holdings
Europe, Hovedstaden, Denmark, Hellerup
Co-Investments: 1
General Atlantic
North America, New York, United States, New York
Co-Investments: 1
Montagu
Europe, England, United Kingdom, London
Co-Investments: 2
Princeville Capital
North America, California, United States, San Francisco
Co-Investments: 1
Nordic Capital
Europe, Hovedstaden, Denmark, Copenhagen
Co-Investments: 1

What are some of recent deals done by Astorg?

Steliau Technology

Montrouge, Ile-de-France, France

Steliau Technology is a manufacturer and distributor of electrical components.

ElectronicsManufacturing
Private EquityFeb 26, 2024
Epoca

Paris, Ile-de-France, France

Epoca prepare the health solution of your dreams .

FitnessHealth CareWellness
Series UnknownSep 21, 2023
Amount Raised: $6,929,253
EcoVadis

Paris, Ile-de-France, France

EcoVadis offers a collaborative platform that allows companies to assess the environmental and social performance of their suppliers.

Information ServicesRisk ManagementSupply Chain ManagementSustainability
Series CJun 13, 2022
Amount Raised: $500,000,000
ARMOR IIMAK

Manaus, Amazonas, Brazil

ARMOR-IIMAK designs and manufactures thermal transfer ribbons.

IndustrialManufacturingPrintingTechnical Support
Private EquityMay 4, 2022
Demetra Holding

Milan, Lombardia, Italy

Demetra Holding develops, manufactures, and distributes products used in orthopedic implant surgeries and spine interventions.

Manufacturing
Secondary MarketAug 6, 2021
Fenergo

Dublin, Dublin, Ireland

Fenergo is a saas-based solutions company that offers client lifecycle management and transaction monitoring for financial firms.

Enterprise SoftwareInformation TechnologyInsurTechSoftwareTransaction Processing
Private EquityApr 30, 2021
Amount Raised: $600,000,000
Third Bridge Group

London, England, United Kingdom

Third Bridge Group is a global investment research firm that provides research services to private equity and hedge funds.

BankingConsultingFinancial ServicesInformation TechnologyVenture Capital
Secondary MarketJan 13, 2021
Clario

Philadelphia, Pennsylvania, United States

Clario delivers the endpoint technology solutions for clinical trials.

BiotechnologyPharmaceutical
Private EquityOct 21, 2019
Acturis

London, England, United Kingdom

Acturis is a Software as a Service provider to the insurance industry.

InsuranceSaaSSoftware
Private EquityMar 1, 2019
Anaqua

Boston, Massachusetts, United States

Anaqua provides intellectual asset management software solutions and services to corporations and law firms of all sizes.

ComputerEnterprise SoftwareSaaSSoftware
Private EquityFeb 13, 2019