Change Capital Partners is a private equity fund focused on buy-outs of middle market consumer-related companies across Europe. 

Change Capital was created in 2003 by Luc Vandevelde, former Chairman of Carrefour and Marks & Spencer and current board member of Vodafone and Société Générale.  Change Capital leverages its unmatched expertise in all aspects of retail and consumer operations to assist management teams in dramatically improving their companies.  

Change Capital focuses on controlling stakes, either stand-alone or with partners, enabling it to align management interests and influence behaviour.  The partners take a direct and active role in supporting management to effect change throughout the acquired organization.

Change Capital Partners has €300 million under management and aims to invest between €20 and €50 million of equity in each transaction.

Change Capital Partners’ investment portfolio includes seven leading retail and consumer companies across Europe. 

Change Capital Partners is Authorised and Regulated by the Financial Services Authority