About Ciclad
Ciclad is a private equity firm founded in 1988. It is primarily based in Paris, France. As of Jul 2026, Ciclad has a portfolio of 47 companies, comprising 47 funding rounds and 29 acquisitions. In the last 12 months, it has participated in 1 acquisition. The firm primarily invests in companies based in France and Belgium. Its portfolio is spread across a wide range of sectors from Consumer to Business Services. Most recently it acquired stakes in Capelec on Oct 24, 2025.
Overall Ciclad portfolio has seen 14 acquisitions, namely ALSEI, Sipratech and FACTEM. A lot of funds co-invest with Ciclad, with names like Bpifrance sharing a substantial percentage of its portfolio.
Ciclad has a team of 21 people, including 9 partners.
Key Metrics
Founded Year
1988
Location
Paris, France
Portfolio Companies
Portfolio Sectors
Acquisition Deals
Investment Deals
Ciclad's Portfolio
Ciclad has a portfolio of 47 companies. They have invested in a total of 47 companies. Their most recent investment was in Kyotherm (Series C round) on Mar 07, 2022. Here are the most recent investments by Ciclad:Date | Company | Round | Amount | Co-Investors |
|---|---|---|---|---|
Mar 07, 2022 | Series C | 7842 | ||
Apr 12, 2019 | Series B | 2932 | ||
Sep 12, 2018 | Seed | 7660 | ||
2016 | Seed | 7681 | - |
Ciclad has acquired 29 companies. Their most recent acquisition was of Capelec on Oct 24, 2025. Here are the most recent acquisitions by Ciclad:
Acquisition Date | Company | Short Description | Total Funding | Founded Year |
|---|---|---|---|---|
Oct 24, 2025 | Manufacturer of equipment for automotive technical inspection and repair shops | - | 1995 | |
Jun 28, 2024 | Manufacturer of medical implants and precision instrumentation for surgical procedures | - | 2011 | |
Jun 18, 2022 | Anti-spam based email security, secure email, and email monitoring solution | - | 2002 | |
Feb 21, 2022 | Provider of road & sea freight forwarding and logistics services | - | 2007 |
Here is the portfolio snapshot of Ciclad:
Investments by Year
The maximum number of investments were made in 2019
Acquisitions by Year
The maximum number of acquisitions were made in 2018
Portfolio by Location
Companies are primarily in France and Belgium
Portfolio by Sector
Companies are primarily in Consumer
Team profile of Ciclad
Ciclad has a team of 21 members including 9 Partners and 4 Principals located in France. Ciclad's team does not sit on the board of any company as of now.Here is a list of top team members in Ciclad:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Paris | - | ||
Partner | Paris | - | ||
Partner | Paris | - | ||
Partner | Paris | - | ||
Partner | Lyon | - | ||
Partner | Paris | - | ||
Partner | Paris | - | ||
Partner | Paris | - | - | |
Partner | Paris | - | - | |
Principal | France | - | ||
Principal | Paris | - | - |
Co-investors of Ciclad
Over the past 38 years, 4 investors have co-invested in Ciclad's portfolio companies.
- Top Co-investors of Ciclad: 4 investors entered a company along with Ciclad. These include investors like Bpifrance (1 company).
Ciclad News
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Ciclad Acquires Majority Stake in Capelec GroupGlobal Legal Chronicle•Oct 24, 2025•Ciclad, Capelec, Bird & Bird
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Acquisition of LABBE Group Companies by CicladGlobal Legal Chronicle•Jun 13, 2023•Ciclad, Labbe France, Jeantet, BRED Banque Populaire and 2 others
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The Parisian investment fund Capital Export acquires the Ariège SME Seat VentilationLejournaldesentreprises•Jan 12, 2023•SEAT Ventilation, Ciclad, Capital Export
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Paris-based Kyotherm raises €45M to invest and promote the long-term benefits of energy efficiency projectsSilicon Canals•Mar 08, 2022•Kyotherm, Andera Partners, Noria, StarQuest and 2 others
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Safe Group sells its Safe Cronite business to focus on Safe Metal and Safe DemoBusiness Wire•Oct 23, 2018•Safe, Ciclad
