\n Approach<\/span>\n <\/span>\n Supporting BITD SMEs<\/span>\n <\/h2>\n <\/div>\n <\/section>\n \n\n <\/div>\n \n\n \n \n \n \n\n\nWith WCP Eir\u00e9n\u00e9 Development, Weinberg Capital Partners addresses a growing financing need among SMEs in the sector, while bringing its recognized sector expertise to accelerate their development. These companies have significant equity requirements to fund their R&D, international expansion, industrial scale-up, and generational transitions.<\/p>\n\n\n <\/div>\n <\/div>\n <\/div>\n\n
\n\n\n \n \n \n Investment criteria<\/span>\n <\/span>\n Targeting LBO and growth capital transactions<\/span>\n <\/h2>\n <\/div>\n <\/section>\n \n\n <\/div>\n \n\n \n \n \n \n\n\nThe fund targets 10 to 15 investments in France and Europe, focusing on small-cap LBO transactions, growth capital, and minority stake acquisitions. Target companies have a dual profile, operating in both defense and commercial markets. They are profitable, with strong development potential in terms of both organic and external growth. The fund covers all segments of the sector: aeronautics, naval, land, space, security, cyber, and more.
WCP Eir\u00e9n\u00e9 Development targets investment tickets of between \u20ac5 million and \u20ac15 million.<\/p>\n\n\n <\/div>\n <\/div>\n <\/div>\n\n
\n\n\n \n \n \n Investment cycle<\/span>\n <\/span>\n Fostering the emergence of French and European leaders<\/span>\n <\/h2>\n <\/div>\n <\/section>\n \n\n <\/div>\n \n\n \n \n \n \n\n\nThe fund is managed by a dedicated investment team led by Lionel Mestre and David Lebain.<\/p>\n\n\n\n
Following the same approach as WCP Eir\u00e9n\u00e9, WCP Eir\u00e9n\u00e9 Development will act on four value creation levers:<\/p>\n\n\n\n
\n- structuring and developing management teams;<\/li>\n\n\n\n
- supporting technological and industrial development;<\/li>\n\n\n\n
- accelerating organic growth (capacity development, strengthening of duality and internationalisation);<\/li>\n\n\n\n
- external growth in France and Europe.<\/li>\n<\/ul>\n\n\n <\/div>\n <\/div>\n <\/div>\n\n \n\n\n
\n \n \n Key<\/span>\n <\/span>\n figures<\/span>\n <\/h2>\n \n \n \n \n \u20ac120m<\/div>\n target fund size<\/div>\n <\/div>\n <\/div>\n <\/div>\n \n \n 10-15<\/div>\n participations<\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n \n \n \n \u20ac120m<\/div>\n target fund size<\/div>\n <\/div>\n <\/div>\n <\/div>\n \n \n 10-15<\/div>\n participations<\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n \n\n\n\n <\/div>\n \n\n \n \n \n\n\n \n\n <\/div>\n <\/div>\n <\/div>\n\n \n\n \n \n\n \n \n ![](\"https:\/\/www.weinbergcapital.com\/wp-content\/uploads\/2026\/06\/Lionel-David-1280x680-1.png\")
\n Lionel Mestre and David Lebain will co-lead WCP Eir\u00e9n\u00e9 Development.<\/figcaption>\n <\/figure>\n <\/div>\n \n\n <\/div>\n <\/div>\n \n\n <\/div>\n \n\n \n \n \n \n\n <\/div>\n <\/div>\n <\/div>\n\n \n\n \n\n \n \n\n \n\n “The small-cap segment is very dynamic within the DTIB. It offers numerous investment opportunities, in majority or minority stakes, in companies that have developed recognized technologies or know-how with strong international growth prospects.”<\/div>\n\n Lionel Mestre<\/strong>\n – Partner | WCP Eir\u00e9n\u00e9 & WCP Eir\u00e9n\u00e9 Development <\/div>\n \n \n\n <\/div>\n <\/div>\n \n\n <\/div>\n \n\n \n \n \n \n\n <\/div>\n <\/div>\n <\/div>\n\n \n\n\n \n \n \n In brief<\/span>\n <\/span>\n Investment profile<\/span>\n <\/h2>\n \n \n \n \n \n TARGET UNIVERSE<\/th>\n SMEs\/mid-caps<\/td>\n <\/tr>\n \n SECTOR SPECIALIZATION<\/th>\n Defense & Security<\/td>\n <\/tr>\n \n TARGET ENTREPRISE VALUE RANGE<\/th>\n Between \u20ac15 million and \u20ac20 million for majority transactions<\/td>\n <\/tr>\n \n GEOGRAPHIC FOCUS<\/th>\n France and Europe<\/td>\n <\/tr>\n \n INVESTMENT TYPE<\/th>\n Majority & minority<\/td>\n <\/tr>\n \n INVESTMENT HORIZON<\/th>\n 4-6 years<\/td>\n <\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n \n <\/div>\n <\/div>\n <\/section>\n \n\n <\/div>\n \n\n
With WCP Eir\u00e9n\u00e9 Development, Weinberg Capital Partners addresses a growing financing need among SMEs in the sector, while bringing its recognized sector expertise to accelerate their development. These companies have significant equity requirements to fund their R&D, international expansion, industrial scale-up, and generational transitions.<\/p>\n\n\n <\/div>\n <\/div>\n <\/div>\n\n
\n Investment criteria<\/span>\n <\/span>\n Targeting LBO and growth capital transactions<\/span>\n <\/h2>\n <\/div>\n <\/section>\n \n\n <\/div>\n \n\n \n \n \n \n\n\nThe fund targets 10 to 15 investments in France and Europe, focusing on small-cap LBO transactions, growth capital, and minority stake acquisitions. Target companies have a dual profile, operating in both defense and commercial markets. They are profitable, with strong development potential in terms of both organic and external growth. The fund covers all segments of the sector: aeronautics, naval, land, space, security, cyber, and more.
WCP Eir\u00e9n\u00e9 Development targets investment tickets of between \u20ac5 million and \u20ac15 million.<\/p>\n\n\n <\/div>\n <\/div>\n <\/div>\n\n
\n\n\n \n \n \n Investment cycle<\/span>\n <\/span>\n Fostering the emergence of French and European leaders<\/span>\n <\/h2>\n <\/div>\n <\/section>\n \n\n <\/div>\n \n\n \n \n \n \n\n\nThe fund is managed by a dedicated investment team led by Lionel Mestre and David Lebain.<\/p>\n\n\n\n
Following the same approach as WCP Eir\u00e9n\u00e9, WCP Eir\u00e9n\u00e9 Development will act on four value creation levers:<\/p>\n\n\n\n
\n- structuring and developing management teams;<\/li>\n\n\n\n
- supporting technological and industrial development;<\/li>\n\n\n\n
- accelerating organic growth (capacity development, strengthening of duality and internationalisation);<\/li>\n\n\n\n
- external growth in France and Europe.<\/li>\n<\/ul>\n\n\n <\/div>\n <\/div>\n <\/div>\n\n \n\n\n
\n \n \n Key<\/span>\n <\/span>\n figures<\/span>\n <\/h2>\n \n \n \n \n \u20ac120m<\/div>\n target fund size<\/div>\n <\/div>\n <\/div>\n <\/div>\n \n \n 10-15<\/div>\n participations<\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n \n \n \n \u20ac120m<\/div>\n target fund size<\/div>\n <\/div>\n <\/div>\n <\/div>\n \n \n 10-15<\/div>\n participations<\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n \n\n\n\n <\/div>\n \n\n \n \n \n\n\n \n\n <\/div>\n <\/div>\n <\/div>\n\n \n\n \n \n\n \n \n \n Lionel Mestre and David Lebain will co-lead WCP Eir\u00e9n\u00e9 Development.<\/figcaption>\n <\/figure>\n <\/div>\n \n\n <\/div>\n <\/div>\n \n\n <\/div>\n \n\n \n \n \n \n\n <\/div>\n <\/div>\n <\/div>\n\n \n\n \n\n \n \n\n \n\n “The small-cap segment is very dynamic within the DTIB. It offers numerous investment opportunities, in majority or minority stakes, in companies that have developed recognized technologies or know-how with strong international growth prospects.”<\/div>\n\n Lionel Mestre<\/strong>\n – Partner | WCP Eir\u00e9n\u00e9 & WCP Eir\u00e9n\u00e9 Development <\/div>\n \n \n\n <\/div>\n <\/div>\n \n\n <\/div>\n \n\n \n \n \n \n\n <\/div>\n <\/div>\n <\/div>\n\n \n\n\n \n \n \n In brief<\/span>\n <\/span>\n Investment profile<\/span>\n <\/h2>\n \n \n \n \n \n TARGET UNIVERSE<\/th>\n SMEs\/mid-caps<\/td>\n <\/tr>\n \n SECTOR SPECIALIZATION<\/th>\n Defense & Security<\/td>\n <\/tr>\n \n TARGET ENTREPRISE VALUE RANGE<\/th>\n Between \u20ac15 million and \u20ac20 million for majority transactions<\/td>\n <\/tr>\n \n GEOGRAPHIC FOCUS<\/th>\n France and Europe<\/td>\n <\/tr>\n \n INVESTMENT TYPE<\/th>\n Majority & minority<\/td>\n <\/tr>\n \n INVESTMENT HORIZON<\/th>\n 4-6 years<\/td>\n <\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n \n <\/div>\n <\/div>\n <\/section>\n \n\n <\/div>\n \n\n
The fund targets 10 to 15 investments in France and Europe, focusing on small-cap LBO transactions, growth capital, and minority stake acquisitions. Target companies have a dual profile, operating in both defense and commercial markets. They are profitable, with strong development potential in terms of both organic and external growth. The fund covers all segments of the sector: aeronautics, naval, land, space, security, cyber, and more.
WCP Eir\u00e9n\u00e9 Development targets investment tickets of between \u20ac5 million and \u20ac15 million.<\/p>\n\n\n <\/div>\n <\/div>\n <\/div>\n\n
\n Investment cycle<\/span>\n <\/span>\n Fostering the emergence of French and European leaders<\/span>\n <\/h2>\n <\/div>\n <\/section>\n \n\n <\/div>\n \n\n \n \n \n \n\n\nThe fund is managed by a dedicated investment team led by Lionel Mestre and David Lebain.<\/p>\n\n\n\n
Following the same approach as WCP Eir\u00e9n\u00e9, WCP Eir\u00e9n\u00e9 Development will act on four value creation levers:<\/p>\n\n\n\n
\n- structuring and developing management teams;<\/li>\n\n\n\n
- supporting technological and industrial development;<\/li>\n\n\n\n
- accelerating organic growth (capacity development, strengthening of duality and internationalisation);<\/li>\n\n\n\n
- external growth in France and Europe.<\/li>\n<\/ul>\n\n\n <\/div>\n <\/div>\n <\/div>\n\n \n\n\n
\n \n \n Key<\/span>\n <\/span>\n figures<\/span>\n <\/h2>\n \n \n \n \n \u20ac120m<\/div>\n target fund size<\/div>\n <\/div>\n <\/div>\n <\/div>\n \n \n 10-15<\/div>\n participations<\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n \n \n \n \u20ac120m<\/div>\n target fund size<\/div>\n <\/div>\n <\/div>\n <\/div>\n \n \n 10-15<\/div>\n participations<\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n \n\n\n\n <\/div>\n \n\n \n \n \n\n\n \n\n <\/div>\n <\/div>\n <\/div>\n\n \n\n \n \n\n \n \n \n Lionel Mestre and David Lebain will co-lead WCP Eir\u00e9n\u00e9 Development.<\/figcaption>\n <\/figure>\n <\/div>\n \n\n <\/div>\n <\/div>\n \n\n <\/div>\n \n\n \n \n \n \n\n <\/div>\n <\/div>\n <\/div>\n\n \n\n \n\n \n \n\n \n\n “The small-cap segment is very dynamic within the DTIB. It offers numerous investment opportunities, in majority or minority stakes, in companies that have developed recognized technologies or know-how with strong international growth prospects.”<\/div>\n\n Lionel Mestre<\/strong>\n – Partner | WCP Eir\u00e9n\u00e9 & WCP Eir\u00e9n\u00e9 Development <\/div>\n \n \n\n <\/div>\n <\/div>\n \n\n <\/div>\n \n\n \n \n \n \n\n <\/div>\n <\/div>\n <\/div>\n\n \n\n\n \n \n \n In brief<\/span>\n <\/span>\n Investment profile<\/span>\n <\/h2>\n \n \n \n \n \n TARGET UNIVERSE<\/th>\n SMEs\/mid-caps<\/td>\n <\/tr>\n \n SECTOR SPECIALIZATION<\/th>\n Defense & Security<\/td>\n <\/tr>\n \n TARGET ENTREPRISE VALUE RANGE<\/th>\n Between \u20ac15 million and \u20ac20 million for majority transactions<\/td>\n <\/tr>\n \n GEOGRAPHIC FOCUS<\/th>\n France and Europe<\/td>\n <\/tr>\n \n INVESTMENT TYPE<\/th>\n Majority & minority<\/td>\n <\/tr>\n \n INVESTMENT HORIZON<\/th>\n 4-6 years<\/td>\n <\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n \n <\/div>\n <\/div>\n <\/section>\n \n\n <\/div>\n \n\n
The fund is managed by a dedicated investment team led by Lionel Mestre and David Lebain.<\/p>\n\n\n\n
Following the same approach as WCP Eir\u00e9n\u00e9, WCP Eir\u00e9n\u00e9 Development will act on four value creation levers:<\/p>\n\n\n\n
- \n
- structuring and developing management teams;<\/li>\n\n\n\n
- supporting technological and industrial development;<\/li>\n\n\n\n
- accelerating organic growth (capacity development, strengthening of duality and internationalisation);<\/li>\n\n\n\n
- external growth in France and Europe.<\/li>\n<\/ul>\n\n\n <\/div>\n <\/div>\n <\/div>\n\n \n\n\n
\n \n\n Key<\/span>\n <\/span>\n figures<\/span>\n <\/h2>\n
\n\n\n\n\u20ac120m<\/div>\ntarget fund size<\/div>\n<\/div>\n <\/div>\n <\/div>\n\n\n10-15<\/div>\nparticipations<\/div>\n<\/div>\n <\/div>\n <\/div>\n <\/div>\n\n\n\n\u20ac120m<\/div>\ntarget fund size<\/div>\n<\/div>\n <\/div>\n <\/div>\n\n\n10-15<\/div>\nparticipations<\/div>\n<\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/section>\n \n\n\n\n <\/div>\n \n\n\n\n\n\n\n \n\n <\/div>\n <\/div>\n <\/div>\n\n\n\n\n\n\n\n\n\n Lionel Mestre and David Lebain will co-lead WCP Eir\u00e9n\u00e9 Development.<\/figcaption>\n <\/figure>\n <\/div>\n \n\n <\/div>\n <\/div>\n \n\n <\/div>\n \n\n \n\n\n \n\n <\/div>\n <\/div>\n <\/div>\n\n\n\n \n\n\n\n\n \n\n“The small-cap segment is very dynamic within the DTIB. It offers numerous investment opportunities, in majority or minority stakes, in companies that have developed recognized technologies or know-how with strong international growth prospects.”<\/div>\n\nLionel Mestre<\/strong>\n – Partner | WCP Eir\u00e9n\u00e9 & WCP Eir\u00e9n\u00e9 Development <\/div>\n \n \n\n <\/div>\n <\/div>\n \n\n <\/div>\n \n\n\n\n\n \n\n <\/div>\n <\/div>\n <\/div>\n\n\n\n\n\n \n\n In brief<\/span>\n <\/span>\n Investment profile<\/span>\n <\/h2>\n
\n\n\n \n
\n TARGET UNIVERSE<\/th>\n SMEs\/mid-caps<\/td>\n <\/tr>\n \n SECTOR SPECIALIZATION<\/th>\n Defense & Security<\/td>\n <\/tr>\n \n TARGET ENTREPRISE VALUE RANGE<\/th>\n Between \u20ac15 million and \u20ac20 million for majority transactions<\/td>\n <\/tr>\n \n GEOGRAPHIC FOCUS<\/th>\n France and Europe<\/td>\n <\/tr>\n \n INVESTMENT TYPE<\/th>\n Majority & minority<\/td>\n <\/tr>\n \n INVESTMENT HORIZON<\/th>\n 4-6 years<\/td>\n <\/tr>\n <\/tbody>\n <\/table>\n <\/div>\n \n <\/div>\n <\/div>\n <\/section>\n \n\n <\/div>\n \n\n