Florac

Florac is a private equity firm founded in 2009 and chaired by Marie-Jeanne Meyer, a historic shareholder and former officer of the Louis Dreyfus Group. The firm is backed by the Meyer family and operates as an evergreen structure, focusing on long-term capital appreciation rather than income generation. Florac seeks to partner with entrepreneurs on ambitious strategic projects to foster the emergence of national and international leaders.

The firm's investment strategy is characterized by a strong involvement in the companies in which it invests, without interference in day-to-day management. Florac aims to build sustainable partnerships with best-in-class management teams that have sharp market expertise and a proven track record. The firm makes minority and majority investments ranging from €20 million to €100 million in European and U.S. market-leading companies. Since its inception, Florac has completed 21 deals across a large range of sectors, including hospitality, retail, healthcare, education, and financial services.

Florac's team consists of 15 professionals based in Paris and Los Angeles. The firm's governance includes a strategic council composed of independent members with diverse expertise, such as Pierre Champeau, a member of the Risk Committee at BNP Paribas, and Matthieu Malige, the Chief Financial Officer of Carrefour. Florac's approach combines the advantages of an evergreen single-family office—such as focus on investment, discretion, benevolence, flexibility, and a long-term horizon—with those of a typical private equity fund, including a structured and disciplined approach and speed in decision-making and implementation.

Florac's portfolio includes investments in various sectors, with a notable focus on the hospitality industry. The firm has a history of supporting companies with strong growth potential and has been involved in significant transactions, such as the acquisition of a minority stake in the Makao Group, a company specializing in premium packaging solutions for high-end artisanal brands. This investment reflects Florac's commitment to partnering with entrepreneurs to build great companies and foster the emergence of market leaders.