The Operating Collective
THE OPERATING
COLLECTIVE
Operational confidence for value creation
A collective of Operating Partners

Experienced Operating Partners.
One mandate: operational execution, alongside you.

Four former operating executives deliver value creation in your portfolio companies, alongside the CEO.

Who we work with
Our track record
5 countries

led as cluster CEO · Nissan

Pierre Gerfaux
+6.1%

EBITDA · Alliance Automotive integration

Fabrice de Vienne
€140M+

ARR · 8 M&A integrations, Once For All

Renaud Perrier
+25%

gross margin · Financial Services, IBM UK

Valérie Maure

Results achieved by the partners in roles prior to The Operating Collective.

The facts

Financial engineering is no longer enough.

« A fund's true asset is its operational capacity. »

Dominique Senequier, chair of Ardian · La Jaune et la Rouge, Sept. 2026 ↗
35% vs 26%

Average IRR for deals with an operating partner at entry and exit, versus without (118 deals). An observed gap, not a promise.

France Invest × Alvarez & Marsal, 2nd Club Operating Partners survey, Dec. 2024 ↗

What we bring · The team, in the detail of their experience

Four areas of expertise, one partner as your point of contact.

One point of contact carries your file and mobilises the right expertise at the right time.

Results already delivered, not just promised.

The breadth of our knowledge and expertise combined with the depth of our operational experience, at your service.

Pierre Gerfaux
COO
Operations Leadership, Digital & AI Transformation, International
35 → 25 d.
Central stock reduced · Nissan
Ex-Nissan (CEO, 5 countries, Vehicle Programme), Accenture, Publicis Sapient.
Pierre is a senior executive combining 15 years of P&L leadership at Nissan, including Vehicle Programme Director and CEO of a 5-country cluster, with 6 years of digital transformation at Accenture and Publicis Sapient, with a focus on AI and agentic solutions. A rare dual competency: first-rate industrial operating experience and concrete command of digital and AI transformation.
Operating Partners AcademyCertified Operating Partner
Pierre Gerfaux
Operations Leadership, Digital & AI Transformation, International

Pierre is a senior executive combining 15 years of P&L leadership at Nissan, including Vehicle Programme Director and CEO of a 5-country cluster, with 6 years of digital transformation at Accenture and Publicis Sapient, with a focus on AI and agentic solutions. A rare dual competency: first-rate industrial operating experience and concrete command of digital and AI transformation.

pierre@drive-advisory.com
Valérie Maure
CRO
Leadership, Growth, Sales
+25%
Gross margin · Financial Services, IBM UK
Ex-Senior Partner IBM Consulting, ex-Apple.
Valérie was a Senior Partner at IBM Consulting after a career at Apple, with a focus on strategy and growth for major Financial Services accounts.
Valérie Maure
Leadership, Growth, Sales

Valérie was a Senior Partner at IBM Consulting after a career at Apple, with a focus on strategy and growth for major Financial Services accounts.

valerie.maure@oxygen-advisory.com
Renaud Perrier
CPTO
Product, Tech, AI, Build-up
€140M+
ARR · organisation scaled, Once For All, 3 Exits
Ex-Google, Microsoft, CPO of 3 scale-ups, Founder.
Twenty-five years in B2B SaaS and cloud, between corporate discipline at Microsoft and Google and scale-up agility under PE/LBO ownership. ARR multiplied by ten at LumApps, International GM at Virtru, then past €140M at Once For All through eight M&A integrations: three PE-backed scale-ups, through to the exit to a private equity fund. Today, he runs agentic AI as a margin lever, not a cost centre: AI copilots in production, Mistral fine-tuning and cloud sovereignty, AI FinOps on assignment with his Private Equity clients.
Operating Partners AcademyCertified Operating Partner
Renaud Perrier
Product, Tech, AI, Build-up

Twenty-five years in B2B SaaS and cloud, between corporate discipline at Microsoft and Google and scale-up agility under PE/LBO ownership. ARR multiplied by ten at LumApps, International GM at Virtru, then past €140M at Once For All through eight M&A integrations: three PE-backed scale-ups, through to the exit to a private equity fund. Today, he runs agentic AI as a margin lever, not a cost centre: AI copilots in production, Mistral fine-tuning and cloud sovereignty, AI FinOps on assignment with his Private Equity clients.

renaud@rpoperating.com
Fabrice de Vienne
CFO
Finance, Cash, M&A
+6.1%
EBITDA · integration synergies, Alliance Automotive
COO/CFO VetPartners, Alliance Automotive, Citroën.
Fabrice held COO then CFO roles at VetPartners, Alliance Automotive and Citroën, with one constant: turning financial performance into measurable results.
Operating Partners AcademyCertified Operating Partner
Fabrice de Vienne
Finance, Cash, M&A

Fabrice held COO then CFO roles at VetPartners, Alliance Automotive and Citroën, with one constant: turning financial performance into measurable results.

A team already in place. A single point of contact. Figures drawn from the partners' public track records, in roles prior to The Operating Collective.

Footprint

Where we have already operated.

References available on request, within the confidentiality of our mandates.

Sectors
Automotive & mobilityDistribution & logisticsB2B software / SaaSFinancial services
Expertise
Cash & working capitalM&A integration, build-upProduct, tech & AICommercial development & exportSupply chain compliance (SCRM, TPRM)Cybersecurity
Formats

Four ways to work with us.

Annual retainer

Portfolio operating committee

Regular review of your portfolio companies by the four partners.

Fixed-fee

Targeted engagement

Operational diagnostic, cash plan, tech and product audit, exit preparation.

Shared time

Interim executive

Interim CFO, COO or CPO, backed by the collective.

A few boards a year

Independent director

A board seat at a portfolio company, with access to the collective.

Next step

Which portfolio company deserves your attention?

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« Experienced Operating Partners.
One mandate: operational execution, alongside you. »