Compagnie Lebon operates in the hotel, private equity, real estate, and thermal bath businesses in France. It acquires majority or minority stakes in unlisted small and medium-sized companies and conducts real estate valuation. The company also acquires, renovates, manages, and operates hotels, and runs thermal baths and spas under the Brides-les-Bains, Salins-les-Thermes, and Allevard names, along with two hotels in Brides-les-Bains. It operates 13 hotels, was founded in 1835, is headquartered in Paris, France, and is a subsidiary of France Participations SA.