Portfolio
Activity 2025

There was strong momentum across the portfolio in 2025. We continued supporting our investments in reinforcing their Fixed Points and driving their Forward Motion. 

In close partnership with the management teams, we combine proximity with transactional expertise to help our portfolio unlock the right growth opportunities be it by entering new markets, expanding into adjacent segments or broadening geographic reach. This momentum is equally a reflection of the ambition and execution of the teams in our portfolio companies, who are driving these initiatives on the ground. A few transactions illustrate this forward motion. 



  deals 






EBITDA 

acquired through 

add-ons 

At portfolio level 

41

€150m 

Geographic expansion
and consolidation

Carmeuse entered the Chilean market with the acquisition of Cementos Bio Bio, deepening its presence in South America and broadening its exposure in lithium and non-ferrous metals. 

SmartSD entered the Spanish market with the acquisition of Hommax. 

Easyfairs made its first acquisition in the United States with the purchase of EPC (Energy Projects Conference & Expo). 

International SOS deepened its presence in the Middle East with the acquisition of Via Medica based in Abu Dhabi. 

SOCOTEC strengthened its position in Germany through the acquisition of Röhll and Koch and, alongside Schollenberger (also part of the SOCOTEC group), now accounts for 20% of the German EOD (Explosive Ordnance Disposal) market, reinforcing its ambition to become the European reference in infrastructure safety and environmental risk management. 

Market diversification
and reinforcement

Ned’s Home entered new market of commercial gutter cleaning with acquisition of Gutter Kings. 

Gerflor entered the market of entrance matting with the acquisition of Matter Surface in the US. 

Salice reinforced its offering of sliding systems with the acquisition of Villes2000. 

First add-ons under
Cobepa ownership

Ascentiel completed first add-on of Eurodommages after 5 months of Cobepa ownership. 

SAX completed 2 first add-ons (SCL and MNK) after 4 months of Cobepa ownership. 

Eagle Fire completed its first add-on of Harris Security Systems after 5 months of Cobepa ownership.