Financial
Bpifrance
FRANCE WEBSITE : BPIFRANCE.FR
Bpifrance is France's public investment bank and the most active equity investor in the country by deal count, backing companies of every size and sector, from deeptech seed rounds to mid-caps, often as a minority co-investor alongside national or regional funds. Its equity arm runs close to €60bn across direct holdings and a €21.5bn fund-of-funds programme, and its role reaches well beyond equity, through loans, guarantees and innovation subsidies. Across the deals tracked by mynth, target revenue averages €208m (median €64m), with an average EV/EBITDA of 10.5x against 9.9x at the median.
Bpifrance is France's public investment bank and the most active equity investor in the country by deal count, backing companies of every size and sector, from deeptech seed rounds to mid-caps, often as a minority co-investor alongside national or regional funds. Its equity arm runs close to €60bn across direct holdings and a €21.5bn fund-of-funds programme, and its role reaches well beyond equity, through loans, guarantees and innovation subsidies. Across the deals tracked by mynth, target revenue averages €208m (median €64m), with an average EV/EBITDA of 10.5x against 9.9x at the median.
49 Deals with Bpifrance
| Date | Type | Target | Acquirer | Sector | Rev | EBITDA | EV | xRev | xEBITDA |
|---|---|---|---|---|---|---|---|---|---|
| 10/2026 | Majority | Satys Electric FRANCE | Siparex / Bpifrance / Carvest (Crédit Agricole Régions Investissement) | Components | |||||
| 07/2026 | Minority | Emma FRANCE | French Food Capital / Bpifrance | Hospitality | |||||
| 07/2026 | Majority | LJ Trucks FRANCE | Origine Partners / Bpifrance | Manufacturers (OEM) | |||||
| 06/2026 | Majority | Cerbair FRANCE | Latour Capital / Bpifrance | Electronics | |||||
| 06/2026 | Majority | Fabulous French Brasseurs FRANCE | French Food Capital / Bpifrance / BNP Paribas Developpement | Beverages | |||||
| 06/2026 | 100% | Aluminium Dunkerque FRANCE | Aluminium Bahrain Alba / Bpifrance | Material Transformation | |||||
| 06/2026 | Majority | Destia FRANCE | Bpifrance / Three Hills / Turenne Capital / Groupe VYV | Home Care & Personal Services | |||||
| 06/2026 | Minority | Nexteam FRANCE | EMZ Partners / Bpifrance / Amundi Private Equity | Aerostructures | |||||
| 06/2026 | Majority | Calicéo FRANCE | Ekkio Capital / Bpifrance / Carvest (Crédit Agricole Régions Investissement) / BNP Paribas Developpement | Leisure Facilities | |||||
| 05/2026 | Majority | Tethys FRANCE | Abenex / Bpifrance | Electronics | |||||
| Average (10 yrs) | 2.5x | 10.5x | |||||||
| Median (10 yrs) | 1.6x | 9.9x | |||||||
