Paris, 30thOctober 2018– Jolt Capital SAS, an independent Private Equity firm specialised in Growth Capital Technology Investing that is authorised & regulated by the AMF (Autorité des Marchés Financiers) has named Pierre Garnier as its newest Partner to join the investment team.
As part of its ongoing expansion, Jolt Capital is pleased to welcome Pierre Garnier on board. Given his more than 30 years’ experience working across cutting edge technologies, Pierre will reinforce the growth inducing strategic support that Jolt brings to its portfolio companies, particularly in sectors related to semiconductors, where Jolt Capital has already some notable successes with both Heptagon and Fogale.
With an international track record encompassing operations roles and C-suite leadership, in sectors such as semiconductors, hardware, software and cyber security, Pierre will strongly complement and bolster Jolt’s internal expertise.
Prior to joining Jolt Capital, Pierre was most recently President of e2v-semicondictor, a leader in the semiconductor market for aerospace & defence. Other key roles held by Pierre prior to that include serving as; COO of Inside Secure (EUR: INSD), Vice President and General Manager of the Wireless Business Unit at Texas Instruments (TI), CEO at Everbee, and General Manager of the Broadband Chipset Business Unit at Alcatel.
Some of Pierre’s notable achievements during this time include; driving Alcatel Microelectronics to become a world leader in ADSL chispets, and ultimately its exit process & sale to ST-Microelectronic for $340m, managing & securing an $18m fundraising at Everbee, and piloting the transformation of the wireless business at TI. More recently, Pierre helped to bring about an accelerated growth of 15% in less than a year at e2v-semicondictor before its sale to the Teledyne Group in 2017.
Commenting on Pierre’s appointment, Jean Schmitt, Managing Partner at Jolt Capital, remarked, “as a particular engaged investor, actively assisting in the growth of our portfolio companies, Jolt requires Partners to have strong international management experience and an in-depth knowledge of technologies and their market dynamics. While strengthening our team on all fronts, Pierre will be especially valuable in assessing semiconductor related opportunities, an area that many investors have abandoned, but which we believe has great opportunities, as we have already demonstrated with success stories like Fogale Sensation and Heptagon.”
Pierre holds an Engineering degree from École Supérieure d’Électricité (Supélec), and a Master of Solid State Physics from UPMC (Pierre and Marie Curie University).
- About Jolt Capital
Jolt Capital SAS is an independent Private Equity firm investing in fast growing, profitable, globally-oriented technology companies of European origin, with revenues between €10m and €100m. Jolt Capital has invested in and catalysed various champion technology companies, including Heptagon (now part of SIX:AMS), Inside Secure (EUR:INSD), Fogale Nanotech, Alpha Mos (EUR:ALM), Blackwood Seven and Skill&You. Jolt Capital is currently managing an excess of €150m. The firm is authorized and regulated by the AMF.
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