Alpera Partners announces its launch. Supported since its inception by Otium, a leading family office, the team previously operating under the name "Otium Partners" is now adopting its own identity. The establishment of a dedicated brand and an independent investment company owned by its managers stems from the desire to institutionalize a proven model and position Alpera Partners as a reference key player in European private equity in the micro-cap segment and in buy & build and roll-up strategies.
An investment strategy focused on sector consolidation of profitable and growing SMEs
Since 2022, Alpera Partners has demonstrated the strength of its model by building and supporting six platforms in key sectors of the economy: nuclear, human and animal health, accounting services, business software, and hospitality.
Its strategy is based on identifying profitable companies generating between 1 and 5 million euros in EBITDA, often undercapitalized, in fragmented industries with long-term growth prospects, in order to aggregate them into reference leading groups capable of reaching between 20 and 40 million euros in EBITDA within five years.
This dynamic has allowed the creation of a true "roll-upfactory," replicating a proven model from the United States and Nordic countries. Combining a disciplined and repeatable methodology with rapid execution, Alpera Partners is already positioning itself among the most advanced specialists in the market.
Alpera Partners also addresses a significant generational challenge: nearly 30% of European SME leaders will retire by 20301, and the succession of their businesses is often unprepared. Alpera provides a concrete and practical solution to this challenge: each platform benefits from a clear roadmap and dedicated resources for integrating acquired companies. By fostering digitalization and modernization, Alpera contributes to the strengthening of the European economic fabric and maintaining of the local employment.
A distinctive model for value creation and sharing
Alpera's roll-up strategy relies on three pillars: a sustained pace of external growth with an average of several acquisitions per year for each platform, strong discipline on pricing and quality of every new acquisition, and systematic operational improvement of the acquired SMEs driven daily by a specialized team.
The risk/return profile is particularly attractive, with expected average gross returns exceeding 3x the invested capital for each platform. The alignment of interests between SME sellers and key managers of each platform is ensured through a tailored reinvestment scheme, allowing them to continue benefiting from long-term value creation and aligning the interests of all parties involved.
A new phase: expanding the subscriber base to deploy 80 to 100 million euros per year
Alpera benefits from a strong and recurring pipeline of new sector consolidation opportunities, and therefore plans to deploy between 80 and 100 million euros in equity each year, creating two new leading platforms annually.
This visibility enhances the predictability of the model for its subscribers and strengthens its ability to build champions on a European scale.
On the back of these results and deployment opportunities, Alpera Partners notes a strong interest from family investors, private equity professionals, and entrepreneurs, who have recently strengthened and diversified its subscriber base.
This acceleration in diversification allows Alpera to increase its investment capacity and speed up the creation of sector leaders.
A specialized team with a clear European ambitions
The results achieved over the past three years are based on a team of investor-entrepreneurs who have significant experience with private equity funds, large industrial companies, and strategic consulting firms.
They have led dozens of transactions across Europe and executed growth plans that combine financial rigor with operational transformation. Alongside them, a strategic advisory board made up of recognized figures in private equity and entrepreneurship provides depth of vision and perspective.
Alpera's ambition is pan-European: while the majority of the platforms are currently located in France, acquisitions have already been made in Belgium, Luxembourg, and the United Kingdom.
The Alpera Partners team is currently exploring investment opportunities in new consolidation platforms across Europe, particularly in Germany, Austria, Spain, Ireland, Italy, Switzerland, and the United Kingdom.
Basile Paul-Petit, Managing Partner of Alpera, states:
"With Alpera Partners, we are taking a new step forward. After demonstrating the relevance and strength of our model by transforming SMEs into sector leaders, we are establishing our brand and strengthening our capital to accelerate growth. Our goal remains unchanged: to build European champions capable of structuring strategic sectors and generating sustainable value for all stakeholders."
About Alpera Partners
Alpera Partners is an investor specializing in the construction and financing of sector consolidation platforms (buy & build and roll-up) in essential and fragmented markets in Western Europe. Since 2022, Alpera has built six consolidation platforms in nuclear, business software, accounting services, human and animal health, and hospitality, completed over 75 acquisitions, and deployed more than €120million. The team applies a proven methodology from the United States and Nordic countries, combining organic growth with systematic M&A.
Source:
(1) Report "Succession Monitoring SME 2024" Report, KfW Research
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