21 April 2026

When the circular economy meets an essential need: access to culture

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At SWEN Capital Partners, through the Macif Terre & Vivant fund, we are proud to support Recyclivre, a leading player in the re-commerce of second-hand books, at a pivotal moment in its history: a management and employee buyout alongside LT Capital.

Above all, this is a business project deeply aligned with the challenges of our time: a structured and proven circular economy model, a clear ambition to scale up without compromising on impact, and a strong collective commitment, illustrated by more than 50% of employees becoming shareholders.

Since 2008, Recyclivre has shown that it is possible to combine economic performance, environmental utility and social value by giving new life to existing goods and building a more responsible book value chain.

With 1.3 million books in stock and nearly 10,000 books shipped every day, Recyclivre is experiencing strong growth and pursues a clear ambition: to give books a second life while generating a positive impact on people and the environment.
In particular, the company relies on its partnership with Log’ins to develop professional integration pathways for people who are distant from the labour market.

The Macif Terre & Vivant fund, managed by SWEN Capital Partners, invests precisely in this type of company: committed French players that meet essential needs and are capable of creating lasting value while contributing to the preservation of natural resources and biodiversity.

We are delighted to support the Recyclivre teams, their management and LT Capital in this new phase, with a strong conviction: impact is built over time, together with the women and men who make the company what it is.

Congratulations to all the teams on this new milestone.

Recyclivre is a leading player in the circular economy, whose model combines economic performance, environmental impact and collective engagement. Alongside LT Capital and the management team, through the Macif Terre & Vivant fund, we are proud to support this transfer, which fully reflects our ambition to back impact-driven companies capable of scaling sustainably.

Romain Pesme
Principal within the Multi-Strategy Private Equity at SWEN Capital Partners

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