Flex Equity Mid Market

Tailor-made solutions to accelerate mid market SMEs in their growth story, transformation and sustainable development
Types of investment
“Tailor-made” approach combining majority or minority investments as a reference shareholder, using a broad range of flexible instruments (ordinary or preference shares, convertible bonds)
Company profile

Midcaps with an EBITDA above €20m


Project: LBO


Sectors: a generalist approach, with three dominant sectors (healthcare, B2B services and tech)


Region: target 75% France + 25% Germany, Spain, Italy or Benelux

Amount invested
From €75m to €150m

CAPZA Flex Equity Mid Market supports Midcaps with an EBITDA greater than €20 million in their development projects. The team leverages the tailor-made approach which has made CAPZA successful since 2004 with Flex Equity.



It relies on CAPZA’s pan European network and local offices. It is focused on value creation and supporting growth acceleration. In particular, the team will focus on supporting Midcaps with the challenges of sustainable development, notably decarbonation.

A unique tailored “flex” approach that has made CAPZA a success since 2004majority or minority investments as reference shareholder, using a broad range of flexible instruments.


An experienced team: 10 investment professionals*, with experience throughout market cycles and complementary sector expertise. They benefit from CAPZA’s network of more than 350 business leaders in all sectors of the economy.

A strategy based on growth themes
the investment team supports the acceleration of organic growth, and a systematic and ambitious approach to build-up strategies. It can leverage CAPZA’s European network to support their international development.


Dedicated support to meet the challenges of sustainable development: the team has the conviction that value creation now requires sustainable development strategies. The fund will have a strong commitment on sustainable development and climate transition, notably on decarbonation. It will provide support, tools and tailored solution to help companies accelerate their transformation toward a carbon neutral economy.


*Including 3 ongoing recruitments.

Key figures


of AuM

As of 31/12/2021

investment professionals

As of 31/03/2022, including 3 ongoing recruitments


Since January 2020
  • 12
    Apr’ 2022
    CAPZA Transition supports Tevah Systèmes
    CAPZA acquires a stake in Tevah Systèmes, an independent distributor of security systems.
    Read more
  • 30
    Mar’ 2022
    CAPZA signs the acquisition of Wifirst
    Wifirst is a European leader in Wifi managed services.
    Read more
  • 17
    Mar’ 2022
    CAPZA Transition supports Komvida’s Growth Plans
    CAPZA supports Komvida, a Spanish leader in the manufacture and distribution of Kombucha beverage (probiotic bio drink rich in antioxidants and vitamins which presents various health benefits).
    Read more
  • 17
    Feb’ 2022
    CAPZA accelerates its development
    CAPZA and AXA strengthen their partnership to further develop a leader in European private equity and private debt for SMEs.
    Read more