• Private equity firm CAPZA acquired a minority stake in Concerto without changing governance.

• Concerto aims to accelerate international expansion, particularly in Africa and the Middle East.

• CAPZA manages more than €10.5 billion in assets and targets high-strategic-value service businesses.

Concerto announced the entry of CAPZA, a leading European private equity firm, into its capital. The transaction took the form of a minority equity investment and marked a new phase in Concerto’s development without altering its governance structure.

Founder and Chief Executive Officer François Hurstel leads Concerto, which advises companies, institutions, and senior executives operating in complex environments with high political, economic, and reputational stakes. The group has built an integrated model that combines economic intelligence, international public affairs, strategic communications, media relations, and crisis management, with an established presence in Europe, Africa, and the Middle East.

In a global environment shaped by rapid geopolitical shifts and rising informational risks, organizations increasingly face pressure to manage reputation, narratives, and strategic foresight. Concerto anchored its growth on this positioning, particularly in African and Middle Eastern markets.

CAPZA’s investment aims to support a new phase of growth. Concerto plans to strengthen its positions in core markets while accelerating expansion into new high-potential regions, notably Anglophone Africa and the Middle East. The group expects this strategy to rely on local team development, targeted acquisitions, and increased investment in technology and data-driven capabilities.

For CAPZA, the transaction fits within an investment strategy focused on companies operating in high-strategic-intensity segments with international growth potential. The investor manages more than €10.5 billion in assets and supports European small and mid-sized companies through flexible financing solutions and long-term partnerships, particularly in business services, technology, and healthcare.

“This transaction validates our positioning and our ambition in a world where managing risk, reputation, and narrative has become central,” François Hurstel said. On CAPZA’s side, Investment Director Thomas Meurisse described Concerto as “a differentiated player capable of operating in high-stakes markets, particularly in Africa.”