Flex Equity

Flexible financing solutions combining equity and mezzanine
Types of investment
Equity (majority or minority), convertible bonds and mezzanine
Company profile

SMEs with EBITDA ranging from €5m to €20m

 

Projects: MBO, development capital, external growth, organic growth

 

Sectors: no sector restrictions but a list of preferred sectors (tech, healthcare, financial and BtoB services, training/education, etc.)

 

Regions: Eurozone, primarily France, Spain, Italy and Germany.

Amount invested
From €20m to €80m (including build-up)

CAPZA’s Flex Equity funds support small and mid-caps in their development plans as a reference shareholder (majority or minority).

 

The Flex Equity teams have carried 95 transactions1 since 2004 combining equity and mezzanine financing. We maintain close ties with the entrepreneurs and can offer flexible top balance sheet solutions that can be adapted to the business’s goals.

An experienced team: the team benefits from a dual mezzanine/capital expertise and relies on senior partners who have weathered various economic cycles.

 

A focus on creating value: we establish close ties with the management teams, leaving them plenty of managerial freedom while supporting them in their strategic development plans: structural organization, organic growth in France or abroad, external growth.

 

Importance of primary deals: we support businesses in their first partnership with a fund, by informing them about the operation, supporting their development, establishing key indicators, giving employees a stake in the capital, reinforcing governance and helping them take decisions on strategic issues.

 

Strong sector verticals: the team has built up considerable expertise in growth sectors such as tech, healthcare, financial services and BtoB services.

 

Local sourcing capacity: the team has built up long-term relationships with an ecosystem of business facilitators. We operate locally with offices in France, Germany, Spain, Italy, the Netherlands and partners in the rest of the world. Our sector expertise makes us the go-to intermediary ahead of transactions.

 

1 As of 30/06/2025

Awards

2022
Best Private Lender - Lower Mid segment
Private Equity Magazine

Key figures

95

transactions since 2004

As of 30/06/2025
22

investment professionals

As of 30/06/2025

Our Flex Equity Team

Learn more about our Private Equity experts.

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Our portfolio

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More expertise

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Newsroom
  • 18
    Jul’ 2025
    CAPZA supports the development of DI Environnement
    CAPZA to acquire strategic minority stake in DI Environnement, a leading player in environmental decontamination services.
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  • 16
    Apr’ 2025
    CAPZA supports the development of Mecadaq
    CAPZA enters into exclusive negotiations to acquire a majority stake in Mecadaq, a strategic player in the civil and defense aerospace industry.
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  • 28
    Feb’ 2025
    CAPZA supports Audensiel in its external growth strategy
    Audensiel continues its international expansion and is entering the Italian market.
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  • 29
    Nov’ 2024
    CAPZA sells its minority stake in Monviso
    CAPZA sells its minority stake in Monviso to Argos Wityu, after supporting the Group's development
    Read more