Tech M&A · Paris

Dedicated Tech M&A

We advise software and tech-enabled services companies on M&A and LBO transactions, typically on enterprise values of €10 to 200m.

0+
Transactions
advised by the partners, prior experience
€4bn+
Enterprise value
combined, across those transactions
mandate.ts
1import { Mandate } from '@cavalier-capital/core';
2
3const mandate = new TechMA({
9});
10
11await mandate.execute({ engagement: 'highest level, from day one to closing' });
01 · About

Independent, focused, and built for execution

Cavalier Capital is an independent M&A advisory boutique launched in 2026 in Paris by Lucas Pingard and Wael Abou Karam. We advise software and tech-enabled services companies on sell-side, LBO and buy-side transactions, typically on enterprise values of €10 to 200m, across Europe.

We take on a limited number of mandates at a time. Deal teams are led by experienced, dedicated senior professionals, directly incentivised to the success of each transaction, and the partners stay in the room from the first call to closing.

01
Senior-led
Deal teams led by experienced, dedicated senior professionals, from day one to closing.
02
Aligned
Deal teams directly incentivised to transaction success. No opaque bonuses.
03
Focused
A limited number of deals advised at the same time. Software and tech-enabled services only.
02 · Expertise

Sell-side, LBO and buy-side advisory

Discuss a transaction
01

Sell-side M&A

We run competitive processes end-to-end: positioning, materials, buyer mapping, outreach, negotiation and closing.

02

LBO advisory

Expert advisory on equity story, financing narrative and transaction execution alongside management and sponsors.

03

Buy-side support

Target screening, approach strategy, valuation, market intelligence and negotiation support for strategic and financial buyers.

03 · How we work

Deep preparation, senior attention, tight execution

01

Deep prep before outreach

We go deep on the business model, KPIs and value drivers so the story is crisp from the first buyer call.

02

Senior attention throughout

Partners stay hands-on from day one to closing, with a deliberately limited number of concurrent mandates.

03

Tight execution cadence

Clear milestones, fast iteration and rigorous follow-up to keep momentum and protect confidentiality.

04 · Sectors

High-growth tech and tech-enabled sectors across Europe

01

Software & AI

Vertical SaaS, infrastructure, data and AI-native software

02

Tech-enabled services

IT services, digital agencies, managed services, outsourcing

03

Financial services & fintech

Payments, insurtech, wealth and lending software

04

Healthtech

Health software, digital care and medtech services

05

Consumer internet

Marketplaces, subscription and digital consumer brands

06

Hardware & robotics

Deeptech, industrial automation and connected devices

05 · Team

Deep tech M&A and LBO experience, hands-on on every mandate

Lucas Pingard
Partner
experience:8 yrs · M&A
previously:Clipperton, Cambon, DC Advisory
education:ESCP
Wael Abou Karam
Partner
experience:10 yrs · M&A
previously:Clipperton, Deloitte, Barclays
education:HEC Paris
Camille Servant
Associate
experience:3 yrs · M&A
previously:Clipperton, Case Cassiopea
education:Paris Dauphine · MSc 225
06 · Insights

Practical guides for founders preparing a transaction

All insights
October 2026 Preparing a software company for sale: the twelve months before launch Founder guide October 2026 How a sell-side process runs, from first call to closing Founder guide October 2026 Reading a non-binding offer: what matters beyond the price Founder guide
07 · FAQ

Questions founders and investors ask us first

01What size of transactions does Cavalier Capital advise on?
We advise on transactions with an enterprise value typically between €10m and €200m: the mid-market, where a competitive process is worth running and senior attention makes the difference.
02Which companies do you work with?
Software and tech-enabled services companies, mainly in France and Europe: vertical SaaS, infrastructure and data software, AI-native software, IT and digital services, with adjacencies in fintech, healthtech, consumer internet and hardware.
03Do you work with founders or with investors?
Both. We advise founders and shareholders on the sale of their company, management teams and sponsors on LBOs, and strategic acquirers or sponsor-backed platforms on acquisitions.
04How is Cavalier Capital different from larger M&A advisors?
Deal teams are led by the partners from the first call to closing, we take on a limited number of mandates at a time, and our teams are directly incentivised to the success of the transaction.
05How does a sale process run, and how long does it take?
Preparation, launch, a first round of non-binding offers, a second round with due diligence and binding offers, then negotiation and closing. From launch to signing, a well-run process typically takes six to nine months, depending on the company and the market.
06How do we start?
Write to contact@cavaliercapital.co. A first conversation with a partner is about understanding your company, your shareholders' objectives and the timing; we then tell you whether and how we can help.
08 · Contact

Preparing a transaction? Let's talk.

Get in touch
contact@cavaliercapital.co
6 rue Cambacérès, 75008 Paris