Evolem is a regional private equity investment manager focused on the Rhône-Alpes region in southeast France. The firm also invests in the Paris area and in the southern coastal region Provence-Côte-d'Azur. They target profitable small and medium-sized businesses. Evolem has invested in sectors as diverse as the swimming pool industry, domestic help services, specialized nutrition, non-food extreme value retail, sustainable development, signage, financial services, arts and crafts, specialized hobbies and direct marketing.Their Evolem 1 fund is invested in minority participations in profitable growing companies, targeting startups, financing for organic and external growth as well as shareholder restructuring. The firm generally co-invests with third parties including business angels. The Evolem 2 fund focuses on LBO operations, primarily takeovers of companies with 5 to 30 million Euros in turnover.