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The Venture Codex

Smalt Capital

10 Boulevard Ralli, Marseille, Provence-Alpes-Cote d'Azur, 13008, France

Overview

Major player in private equity in the South Region. Investing together, for tomorrow.

Total investments
1
Lead investments
0
Investments · 12mo
1
Active investors
3
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Investment portfolio

  • The Sanctuary Group

    Participated · Equity · Jan 2026

    The Sanctuary Group is a premium fitness company founded by Renaud Nataf and Alexandre Wilhelm that runs 15 high-end studios featuring six immersive training concepts. Its value proposition centers on complete control of the customer journey, a strong brand identity, and rapid, disciplined execution. The company plans to scale primarily through franchising, aiming to become a leading wellness player across Europe. Management emphasizes a data-driven approach to operating efficiency and consistent customer experience. Although no revenue figures were disclosed, the existing studio footprint and franchise strategy suggest a capital-efficient growth model. The fresh capital injection is intended to accelerate studio roll-outs and strengthen brand presence in new European markets.

Team

  • Antoine Kraus

    Manager

  • Alizée Gauthey

    Investment capital manager

    LinkedIn
  • POULET Isabelle

    Overseas Executive Director

    LinkedIn