{"id":2523,"date":"2022-08-04T20:55:12","date_gmt":"2022-08-04T18:55:12","guid":{"rendered":"https:\/\/www.weinbergcapital.com\/?post_type=expertises&#038;p=2523"},"modified":"2025-12-18T16:26:56","modified_gmt":"2025-12-18T15:26:56","slug":"eirene","status":"publish","type":"expertises","link":"https:\/\/www.weinbergcapital.com\/en\/expertise\/eirene\/","title":{"rendered":"Eir\u00e9n\u00e9<small> &#8211; Security and defense<\/small>"},"content":{"rendered":"\n<p>Eir\u00e9n\u00e9 is an LBO fund which aims to take majority shareholder positions to accelerate the development of French companies in the strategic security and defense sector.<\/p>\n\n\n\n<p>With Eir\u00e9n\u00e9, our aim is to support SMEs\/mid-caps that play a key role for French and European sovereignty. Being part of a French sector of excellence, these companies have strong organic growth potential both in France and abroad. Their technological and dual character (i.e. both civil and defense) allows these companies to be resilient in the face of economic cycles and to have strong restrictive market entry.<\/p>\n\n\n\n<p>The Eir\u00e9n\u00e9 fund thus participates in the development of technologies and industrial know-how with high added value by relying on skilled jobs, regionally anchored, contributing positively to the trade balance and the reindustrialization of the country.<\/p>\n\n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-doubletitle-block_378619bdeade9ad3f35c3aa75488c2f9\" class=\"block-custom-acf block-doubletitle\">\n\n\n            <section class=\"section section-gmt-2\">\n              <div class=\"container max-w-880 mx-auto\">\n                <h2 class=\"section-title tiny font-light\">\n                  <span class=\"d-inline-block font-semibold\">Approach<\/span>\n                  <span class=\"section-line d-inline-block\">&nbsp;<\/span>\n                  <span class=\"d-block\">promote the creation of French and European leaders as part of ambitious external growth strategies<\/span>\n                <\/h2>\n              <\/div>\n            <\/section>\n            <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        \n\n\n<p>The security and defense sector is an industry in which France is one of the world leaders. For several years, this industry has experienced strong development on a global scale due to the increase of threats and geopolitical tensions. The French sector remains fragmented and its structuring is a major challenge in order to maintain it at the best world standards.<br><br>Eir\u00e9n\u00e9 therefore aims to promote the creation of French and European leaders as part of ambitious external growth strategies.<\/p>\n\n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-doubletitle-block_7b7fd723b5eaa23ba880813ba67630d6\" class=\"block-custom-acf block-doubletitle\">\n\n\n            <section class=\"section section-gmt-2\">\n              <div class=\"container max-w-880 mx-auto\">\n                <h2 class=\"section-title tiny font-light\">\n                  <span class=\"d-inline-block font-semibold\">Investment criteria<\/span>\n                  <span class=\"section-line d-inline-block\">&nbsp;<\/span>\n                  <span class=\"d-block\">priority to primary operations on growing and profitable companies<\/span>\n                <\/h2>\n              <\/div>\n            <\/section>\n            <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        \n\n\n<p>The Eir\u00e9n\u00e9 fund has a unique profile in France where there is no majority LBO fund dedicated to security and defense sectors. Thanks to this investment profile and a team of dedicated specialists who is fully aware of the specificities of the sector, the Eir\u00e9n\u00e9 fund can provide appropriate support to companies, whether for their organic growth or their external growth projects.<br><br>The companies we will support have an enterprise value of circa \u20ac30 to \u20ac100 million. We target dual companies that cover many activities: manufacturing of components, development of systems or equipment, provision of services, etc. The fund also addresses all segments of the sector: aeronautics, naval, land, space, electronics, security, cyber, etc.<\/p>\n\n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-doubletitle-block_dd829cc44d050d04adb55c6d65c1ef9d\" class=\"block-custom-acf block-doubletitle\">\n\n\n            <section class=\"section section-gmt-2\">\n              <div class=\"container max-w-880 mx-auto\">\n                <h2 class=\"section-title tiny font-light\">\n                  <span class=\"d-inline-block font-semibold\">Investment cycle<\/span>\n                  <span class=\"section-line d-inline-block\">&nbsp;<\/span>\n                  <span class=\"d-block\">fostering the emergence of French and European leaders<\/span>\n                <\/h2>\n              <\/div>\n            <\/section>\n            <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        \n\n\n<p>Our team of dedicated investors with a recognized sector expertise allows us to quickly understand the strategic value of companies as well as their development potential. We generally act in the context of primary transactions and we focus on five value creation criteria:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>structuring and development of teams;<\/li>\n\n\n\n<li>support for technological development;<\/li>\n\n\n\n<li>acceleration of organic growth (capacity development, strengthening of duality and internationalization);<\/li>\n\n\n\n<li>external growth in France and Europe;<\/li>\n\n\n\n<li>ESG support.<\/li>\n<\/ul>\n\n\n\n<p>We regularly work with partners and co-investors in order to maximize value creation.<\/p>\n\n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-keynumber-block_6ef2322dfe9e3e9d0ff4edbb063851ba\" class=\"block-custom-acf block-keynumber\">\n\n\n            <section class=\"section-gmt-2 figure p-rel bg-light-blue c-white hidden-print\">\n              <div class=\"container max-w-1280 mx-auto\">\n                <h2 class=\"figure-title p-abs font-regular text-right text-uppercase\">\n                  <span class=\"d-inline-block\">Key<\/span>\n                  <span class=\"figure-line d-inline-block\">&nbsp;<\/span>\n                  <span class=\"d-block\">figures<\/span>\n                <\/h2>\n                <div class=\"figure-container p-rel\">\n                  <div class=\"figure-slider slickx-slider i1 dot-abs dot-center dot-white hidden-sm hidden-md hidden-lg\">\n                                                    <div class=\"slickx-slide\">\n                              <div class=\"figure-item i1 figure-mask h-full\">\n                                <div class=\"figure-item--number font-light text-wordbreak c-brown\">\u20ac30 to \u20ac100m <\/div>\n                                <div class=\"figure-item--caption font-light text-wordbreak c-brown\">target enterprise value<\/div>\n                                <div class=\"figure-item--summary font-light hidden-xs\"><\/div>\n                              <\/div>\n                            <\/div>\n                                              <\/div>\n                  <div class=\"figure-flex d-flex justify-center items-stretch hidden-xs\">\n                                                    <div class=\"figure-flex--item flex-equal\">\n                              <div class=\"figure-item i1 figure-mask h-full\">\n                                <div class=\"figure-item--number font-light text-wordbreak c-brown\">\u20ac30 to \u20ac100m <\/div>\n                                <div class=\"figure-item--caption font-light text-wordbreak c-brown\">target enterprise value<\/div>\n                                <div class=\"figure-item--summary font-light hidden-xs\"><\/div>\n                              <\/div>\n                            <\/div>\n                                              <\/div>\n                <\/div>\n              <\/div>\n            <\/section>\n            <!-- figure -->\n\n\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n\n\n        \n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-imagelarge-block_0e969796ed06ad1a5902b0efb863004c\" class=\"block-custom-acf block-imagelarge\">\n\n            <div class=\"section section-gmt-0\">\n              <div class=\"container max-w-1360 mx-auto\">\n\n                <div class=\"editor-text font-light\">\n                  <figure class=\"no-top-margin\">\n                    <img decoding=\"async\" src=\"https:\/\/www.weinbergcapital.com\/wp-content\/uploads\/2022\/08\/Eirene-pour-le-site.png\" class=\"no-top-margin\">\n                    <figcaption>Eir\u00e9n\u00e9 team, from left to right: Hugo Chamorro, David Lebain, Maxence Kasper, Marie-Astrid Bourquin, Bastien Le Sag\u00e8re, Lionel Mestre. <\/figcaption>\n                  <\/figure>\n                <\/div>\n                <!-- editor -->\n\n              <\/div>\n            <\/div>\n            <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        \n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-verbatim-block_9225ac4552ca6d2d683156ac12a46543\" class=\"block-custom-acf block-verbatim\">\n\n            \n\n                <div class=\"section section-gmt-2 section-pt-3 section-pb-3  bg-bold-purple c-white\">\n                  <div class=\"container max-w-880 mx-auto\">\n\n                    \n\n                        <div class=\"quote-content font-light\">&ldquo;The defense and security sector must be consolidated in order to accelerate the development of its SMEs and mid-caps companies. There are many opportunities for primary transactions with companies destined to become leaders in France and Europe. Eir\u00e9n\u00e9 aims to support these companies in their growth strategies. For this purpose, the fund will be composed of a mixed team of professionals from both investment as well as security and defense industries.&rdquo;<\/div>\n\n                                                <div class=\"quote-source font-light\"><strong class=\"font-bold\">Lionel Mestre<\/strong>\n                             &#8211; Partner, Managing Director of the Eir\u00e9n\u00e9 expertise                                                    <\/div>\n                        \n                                        <!-- quote -->\n\n                  <\/div>\n                <\/div>\n                <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        \n\n                <\/div>\n            <\/div>\n        <\/div>\n\n        <div id=\"block-table-block_bad9e05941b3a64dfade365a665f0952\" class=\"block-custom-acf block-table\">\n\n\n            <section class=\"section section-gmt-2 section-pb-1\">\n              <div class=\"container max-w-880 mx-auto\">\n                <h2 class=\"section-title tiny font-light\">\n                  <span class=\"d-inline-block font-semibold\">In brief<\/span>\n                  <span class=\"section-line d-inline-block\">&nbsp;<\/span>\n                  <span class=\"d-block\">Investment profile <\/span>\n                <\/h2>\n                                <div class=\"section-body section-mt-3\">\n                  <div class=\"editor-text font-light\">\n                    <table>\n                      <tbody>\n                                                      <tr>\n                                <th class=\"text-left text-uppercase\">TARGET UNIVERSE<\/th>\n                                <td class=\"text-right\">SMEs\/mid-caps<\/td>\n                              <\/tr>\n                                                          <tr>\n                                <th class=\"text-left text-uppercase\">SECTOR SPECIALIZATION<\/th>\n                                <td class=\"text-right\">Security and defense<\/td>\n                              <\/tr>\n                                                          <tr>\n                                <th class=\"text-left text-uppercase\">TARGET ENTREPRISE VALUE RANGE<\/th>\n                                <td class=\"text-right\">\u20ac30 million &#8211; \u20ac100 million<\/td>\n                              <\/tr>\n                                                          <tr>\n                                <th class=\"text-left text-uppercase\">GEOGRAPHIC FOCUS<\/th>\n                                <td class=\"text-right\">France and Europe<\/td>\n                              <\/tr>\n                                                          <tr>\n                                <th class=\"text-left text-uppercase\">INVESTMENT TYPE<\/th>\n                                <td class=\"text-right\">Majority interest<\/td>\n                              <\/tr>\n                                                          <tr>\n                                <th class=\"text-left text-uppercase\">INVESTMENT HORIZON<\/th>\n                                <td class=\"text-right\">4-6 years<\/td>\n                              <\/tr>\n                                                  <\/tbody>\n                    <\/table>\n                  <\/div>\n                  <!-- editor -->\n                <\/div>\n                              <\/div>\n            <\/section>\n            <!-- section -->\n\n        <\/div>\n        <!-- block -->\n\n        <div class=\"section\">\n            <div class=\"container max-w-880 mx-auto\">\n                <div class=\"editor-text font-light\">\n        ","protected":false},"excerpt":{"rendered":"<p>Eir\u00e9n\u00e9 is an LBO fund which aims to take majority shareholder positions to accelerate the development of French companies in the strategic security and defense sector. With Eir\u00e9n\u00e9, our aim is to support SMEs\/mid-caps that play a key role for French and European sovereignty. Being part of a French sector of excellence, these companies have [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"class_list":["post-2523","expertises","type-expertises","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/expertises\/2523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/expertises"}],"about":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/types\/expertises"}],"author":[{"embeddable":true,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/comments?post=2523"}],"version-history":[{"count":41,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/expertises\/2523\/revisions"}],"predecessor-version":[{"id":23031,"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/expertises\/2523\/revisions\/23031"}],"wp:attachment":[{"href":"https:\/\/www.weinbergcapital.com\/en\/wp-json\/wp\/v2\/media?parent=2523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}