# Leptis Magna Capital

> Where Legacy Becomes Empire. European lower middle market private equity acquiring and scaling businesses with €1–20M EBITDA across Benelux and DACH.

Leptis Magna Capital is a transformation-focused private equity firm targeting succession opportunities and bolt-on platforms in the European lower middle market. We invest from Luxembourg and the Netherlands across the EU, EEA, and EFTA — concentrated in Benelux and DACH industrials, healthcare services, logistics, packaging/recycling, and consumer brands. The firm is structured as a Luxembourg SCSp (RAIF) and is registered with the AFM in the Netherlands.

## Firm

- [About the firm](/firm): Mission, history, and the Leptis Magna narrative.
- [Team](/team): Investment professionals and senior leadership.
- [Advisory board](/advisory-board): Independent advisors guiding strategy.
- [Operating partners](/operating-partners): Sector specialists driving value creation in portfolio companies.

## Strategy

- [Investment strategy](/strategy): Transformation-led PE thesis for European lower middle market.
- [Sector focus](/focus): Industrials, healthcare, logistics, packaging, consumer, services.
- [Fund overview](/fund-overview): Fund I structure, target size, and economics.
- [Investors](/investors): Information for LPs and qualified investors.

## Insights

- [Insights index](/insights): All market intelligence, sector analysis, and firm news.
- [The Great European Wealth Shift. And Why Europe Cannot Afford to Lose It](/insights/great-european-wealth-shift-manifesto): Over the next 5 to 10 years, a generation will hand over its businesses, homes, and savings. At the same time, Europe is losing the FDI game. Someone has to connect the two. That is why we exist.
- [The Sweet Spot: Why €3M to €25M EBITDA Is Where Real Value Lives](/insights/sweet-spot-3-to-25-ebitda): Small businesses sell easily. Large businesses get chased by mega-funds. In the middle sits a quiet, underserved gap where great European companies have no natural buyer. That gap is our sweet spot.
- [European Mid-Market M&A: Mid-Year 2026 Update](/insights/european-midmarket-ma-2026-outlook): Deal volumes held resilient through Q1 despite tightening credit and geopolitical shocks. Sector rotation into defense, energy security, and reshored manufacturing is accelerating.
- [The European Succession Imperative: Why Now?](/insights/european-succession-imperative): Over the next decade, €2.1+ trillion in enterprise value will change hands as over one-third of European SME owners seek succession. Understanding this generational transition is essential for investo
- [German Mittelstand: Manufacturing Succession Wave](/insights/german-mittelstand-succession): Over 40% of German industrial family businesses expect ownership transitions by 2030, creating unprecedented acquisition opportunities in Europe's largest economy.
- [Benelux & DACH: The Heart of European Industry](/insights/benelux-dach-european-industry): Why the Netherlands, Belgium, Luxembourg, Germany, Austria, and Switzerland represent the optimal starting point for European lower middle market investment.
- [Sports & Entertainment 2030: The Next European Growth Engine](/insights/sports-entertainment-2030-thesis): Live experiences, women's sports, fan-tech, venues, and rights are compounding into 2030. European operators have the IP but lack the capital. We are opening a dedicated allocation to close that gap.
- [Defense & Dual-Use: A New Mid-Market Investment Thesis](/insights/defense-dual-use-mid-market-thesis): EU ReArm spending and Iran-linked supply chain stress are pushing precision components, sensors, and cybersecurity SMEs onto institutional buyer lists for the first time.

## Compliance

- [Compliance](/compliance): Regulatory framework, AIFMD, and reporting standards.
- [Disclosures](/disclosures): Required statements and risk disclosures.
- [Regulatory filings](/regulatory-filings): Public filings and registrations.
- [Privacy policy](/privacy): How personal data is handled.
- [Terms](/terms): Website terms of use.

## Optional

- [Careers](/careers): Open roles and culture.
- [FAQ](/faq): Common questions from founders, advisors, and investors.
- [Financial reports](/financial-reports): Fund and entity reporting.
- [ESG initiatives](/esg-initiatives): Sustainability framework and reporting.
- [Governance](/governance): Governance structure and policies.
- [Contact](/contact): Reach the firm via Lucia, our AI advisor.
- [Full content bundle](/llms-full.txt): Plaintext of every insights article.