About us

Milestone Investisseurs

“Milestone” or “Milestone Investisseurs” is an independent investment company based in Luxembourg and regulated by the CSSF (Commission de Surveillance du Secteur Financier), owned by its two investment partners Erick Rinner and Olivier Antomarchi. Milestone invests in pan-European French speaking countries in Switzerland, France, Belgium and Luxembourg.
We operate on the small and mid cap markets (between €30m and €300m Enterprise Value) with equity investments between €20m and €150m per transaction.
Milestone Investisseurs takes majority ownership positions exclusively, and supports the companies’ growth strategies in Europe, notably with the exclusive support of 4 operating partners, with whom Milestone has accumulated more than 45 years of experience.

Since 2006, Milestone has been operating an innovative investment model, away from the rigid closed-end funds. Milestone invests its own capital and the one from international institutional investors and family offices through single deal investment funds.

This investment model is tailored to each investment opportunity and offers far greater flexibility in terms of length of ownership. It also avoids conflicts of interests among the investee company management teams, the investors and our own management company. Interests of all parties are fully aligned in order to maximize value creation in a given investment situation.

Shareholder of our activity for more than 15 years

We are also supported by a pool of leaders, independent directors, experienced entrepreneurs, recognized, and attentive to opportunities.

Milestone Investisseurs consists of

11 professionals (including 6 operating partners): 1 in London, 5 in Paris, 1 in Brussels, 1 in Lausanne and 3 in Geneva. We completed 10 transactions representing a total equity investment of approximately €350m.

Investment strategy

We support management teams' in their projects

  • organic growth, in particular product & service diversification (brand stretching)
  • internationalization
  • and external growth (build-up)

We support the following ownership transitions:

  • with the management team in place (MBO)
  • with a new management team (MBI)
  • acquisition of subsidiaries, brands (spin-off, asset deal) or activities (carve-out) disposed by a group
These companies, whose enterprise value is comprised between €30m and €300m, must be head-quartered in either Switzerland, France, Belgium or Luxembourg, with a minimum EBITDA of €5m, in order to sustain their ambitious growth projects.

We invest on average between €20m and €150m per project with an investment period historically longer than traditional funds (5 to 7 years):

  • in all sectors of activity
  • with a strong expertise and interest in the following sectors: healthcare (services provider and manufacturer), business services, consumer goods (notably brands), as well as specialized distribution, energy/environment, IT and niche or breakthrough industries

Contactez nous

place Luxembourg

15 rue Edward Steichen
Luxembourg L-2540 - Luxembourg
Tel. +352 621 225 802

place Genève

47 route des Acacias
1211 Geneva, 26 - Switzerland
Tel. +41 79 128 20 44

place Bruxelles

523 avenue Louise
1050 Brussels - Belgium
Tel. +32 497 38 31 45

place Paris

40 rue du Colisée
75008 Paris - France
Tel. +33 6 31 30 62 23