Lazard Elaia Capital

Overview

Lazard Elaia Capital is a private equity firm that invests in European B2B technology companies with €10–100 million in revenue. The firm focuses on providing tailored equity solutions to companies that are already profitable or scaling with discipline. Their investment approach is flexible, offering both minority and control investments ranging from €20 to €60 million, aligned with the entrepreneurs' ambitions. This flexibility allows them to adapt to the unique needs of each company, whether it's for fresh equity, recapitalization, or platform building, always with a long-term perspective. The firm was established in April 2024 as a strategic partnership between Lazard, a global leader in active asset management, and Elaia Partners, an established European venture capital firm. This partnership combines Lazard's global connectivity and Elaia's deep technology insight, aiming to support the next generation of European technology champions. The team at Lazard Elaia Capital blends the curiosity of venture capital, the precision of growth investing, and the discipline of private equity, united by decades of experience in technology. They work closely with entrepreneurs and leadership teams as active thought partners, helping companies scale with clarity, focus, and conviction. Lazard Elaia Capital integrates Environmental, Social, and Governance (ESG) factors across the investment lifecycle, from sourcing to exit. They work with each portfolio company to set and achieve measurable sustainability objectives, regardless of their starting point. This responsible investment approach is crucial for the long-term economic performance of any company. The firm is headquartered in Paris, France, and operates across various European countries, including Germany, the United Kingdom, the Netherlands, Spain, Italy, Sweden, Denmark, Norway, Finland, Belgium, Austria, Switzerland, Poland, Portugal, Ireland, Greece, the Czech Republic, Hungary, and Romania. The firm's portfolio includes companies in various industries such as technology, software, healthcare, financial services, consumer goods, industrial goods, media, telecommunications, energy, utilities, transportation, logistics, education, real estate, and agriculture. Their investment size ranges from €20 to €60 million, focusing on companies that are already profitable or scaling with discipline. This approach allows them to provide tailored capital solutions that align with the unique needs and ambitions of each entrepreneur. Lazard Elaia Capital's team intentionally brings together investors from diverse parts of the tech investment spectrum. With 60 years of combined investment experience, the team has previously deployed over €3 billion in capital at their previous firm and over their careers. Through cross-view discussions, they challenge each other, break assumptions, and uncover opportunities others might miss. This multidisciplinary approach enables them to see patterns and help entrepreneurs scale with clarity, focus, and conviction. The firm is backed by Lazard, one of the world's foremost financial institutions, and Elaia, a leading European technology venture capital firm. Together, they form a strong alliance that combines Elaia's local roots and technology insight from early-stage innovation with Lazard's long-standing global connectivity with the world's leading stakeholders. This partnership aims to power the next generation of European technology champions, providing tailored equity solutions that meet the capital needs of future technology and deep tech leaders in late-stage and growth equity. Lazard Elaia Capital's investment philosophy is centered around the belief that exceptional teams build exceptional companies. They understand that the most transformative companies do not follow straight lines; they zigzag, leap, and defy expectations. In a world where technology reshapes industries overnight, where the most transformative companies refuse to be boxed in, Europe