Created in 2002 on the initiative of Power Corporation of Canada, Sagard is a private equity fund based in Paris. The firm is managing €1.7 billion of total commitments since inception.
Sagard invests in companies valued in excess of €100 million that are leaders in their markets, primarily in French speaking European countries. Sagard's goal is to help companies, led by successful managers, to grow and flourish, by taking a flexible approach in structuring investments, with solutions ranging from minority or majority stakes to LBOs and business development capital.
With a commitment to the long-term, Sagard's entrepreneurial culture stems from the close cooperation between its sponsor and the influential families who over time built successful companies.
Sienna Capital & SAGARD
GBL agreed to invest in the first Sagard fund (Sagard I) for an amount of EUR 50 million. During the financial year 2006, GBL invested an initial amount of EUR 150 million in the fund's successor, Sagard II, reduced in 2014 to EUR 113 million.
In 2013, Sienna Capital participated in the launch of Sagard III and its total commitment amounted to EUR 218 million. Sienna Capital receives certain preferential financial terms in relation to its support of Sagard III.
Financial year 2017
During the year, Sagard III invested in Ipackchem, one of the global leaders in the manufacturing of "barrier" packaging, and completed add-ons on existing investments.
Value of investment
EUR 189 million (30/06/2018)