Unique support

logo-rb-2& A Seasoned Investment team

B & Capital is an independent private equity firm. It stands in a unique position within the European private equity landscape, being the only firm to combine the skills of a talented investment team and a world-renowned strategy consulting firm.

Set up by entrepreneurs for entrepreneurs, B & Capital opens up a new area in the French private equity market, as it offers two key factors for SMEs’ growth and transformation at the same time: funding and operational & strategic support.

We are driven by our core values: excellence, partnership and entrepreneurship, which strongly contribute to the sustainable and responsible growth of our investments, resulting in high value creation and performance.

B & Capital takes majority and minority stakes in French SMEs

Our focus is on:

  • Majority or minority stakes in companies headquartered in France
  • Growth capital and buy-out transactions for companies valued between € 25m and € 150m
  • Equity tickets ranging from € 10m to € 30m mainly on primary deals

Our investment focus is on sectors enjoying high growth perspectives: business services, healthcare, distribution, technology, specialized industries, environment. Embedded value shall be unlocked in the stream of the leading trends in the global economy (digitalization, globalization, changing lifestyles and sustainable development).

As entrepreneurs and partners committed to the long-term, we are devoted to working together with managers to develop innovative and targeted transformation strategies with the aim of creating future midcap champions.

"Today, there is a consolidation of the pharma players on the market and in parallel new opportunities are growing in the services"
Patrick Biecheler

Patrick Biecheler

Expert Pharma & Santé

"Distribution pattern are reshaped for always more efficiency; choice, competitiveness, speed and accuracy. Customers feel the benefits of these evolutions but the players have to innovate, move fast and stay agile."
Olivier de Panafieu

Olivier de Panafieu

Expert biens de grande consommation et distribution

"French SMEs can find new growth levers through sales partnership with Chinese companies and development of local activities"
Denis Depoux

Denis Depoux

Expert Chine

"Today Process industries face three challenges; refocusing in specialties, international growth and digital & New tech leverage to innovate fast and increase operational efficiency"
Ambroise Lecat

Ambroise Lecat

Expert Industrie de process

"The development of Industry 4.0, a new industrial revolution, will have a strong impact on European industries bringing higher competitiveness and new opportunities for local production"
Eric Kirstetter

Eric Kirstetter

Expert Industrie 4.0

"Digital is no longer an option but a fantastic opportunity to reinforce its value proposition, optimize processes and transform the business model. In the digital world, the winner is the most agile and not necessarily the biggest"
Anne Bioulac

Anne Bioulac

Expert Digital

B & Capital, a unique support throughout the investment cycle

Investment Decision
Origination and opportunity detection
Origination and  opportunity detection

Pooling together the business contacts from B & Capital and Roland Berger Partners (220 around the world) and leveraging the work of the Roland Berger Data Center will tremendously bolster sourcing capacities for potential high growth targets.

Deal analysis and execution
Deal analysis and execution

Roland Berger sectorial expertise will facilitate both the deal analysis and the design of the growth strategy prior to a potential transaction.

Growth and transformation
Growth and transformation

Implementation of the levers of transformation, involvement in governance (Board membership) and identification of external growth opportunities will enable our investments to unleash their full development potential.

Exit
Exit

The holding period will be timed with the completion of the transformation. Preparing the exit ahead of its execution with the support of Roland Berger will result in an enhanced value and a smooth process.

B & Capital is an independent investor that is committed and socially responsible

  • The management of B & Capital is solely responsible for its investment decisions. Its investment activities are strictly separated from Roland Berger’s consulting business. In this respect, the firm stringently avoids any conflict of interests at all stages throughout the investment cycle.
  • B & Capital will assess and monitor the compliance with best-in-class environmental, social and governance (ESG) standards of its investments over time.
  • B & Capital adheres to the United Nations Principles for Responsible Investment (UNPRI).
  • B & Capital’s ESG Policy