Greg Gille
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Articles by Greg Gille
CVC, BC Partners to team up for Elior bid
UK-based private equity houses CVC Capital Partners and BC Partners are reportedly planning a €3.5bn bid for French catering company Elior.
Orix buys Robeco for €1.9bn
Japanese financial services firm Orix has bought the asset management arm of Rabobank, Robeco, for €1.935bn.
Activa Capital sells Logitrade to Soridec et al.
French mid-cap GP Activa Capital has sold outsourcing business Logitrade to regional growth capital specialists Soridec, Sofilaro, Sofipac, Multicroissance and Sopromec.
CDC Entreprises, I-Source, Bouygues in €3.7m round for Ijenko
French energy management solutions provider Ijenko has raised €3.7m in its third round of institutional funding since 2010.
Forward Group takes stake in Mercia Fund Management
Evergreen private equity investor Forward Group has taken a stake in venture funds manager Mercia Fund Management (MFM).
Private equity players circle Republic
The founder of fashion chain Republic, which went into administration earlier this week, is considering teaming up with a private equity buyers to rescue the business, according to reports.
PE-backed Labco in €100m high-yield refinancing
French medical diagnostics company Labco has made a €100m bond issue to repay the outstanding amounts borrowed under its revolving credit facility.
Ace and CM-CIC in €3.2m round for Socomore
Ace Management and existing backer CM-CIC Capital Finance have taken part in a €3.2m funding round for Socomore, a French producer of surface treatment solutions used in the aerospace industry.
Private equity backers sell Rexel stake for €640m
Private equity backers including Clayton Dubilier & Rice and Eurazeo have sold a 14.7% stake in French listed electrical distributor Rexel for €640m.
French retail fundraising down for fourth year in row
France's FCPI and FIP retail vehicles – used extensively by the country's venture and growth capital players – raised €646m last year, down 12% from 2011 figures.
Financial rewards still main incentive for chairmen of PE-backed businesses
The potential of a significant pay-out on exit is still the main incentive for working with private equity-backed businesses, according to a recent survey of 502 UK-based chairmen and non-executive directors (NEDs).
E&Y: Corporates failing to look at PE as potential buyer
Only 3% of corporates surveyed by Ernst & Young for its latest Global Corporate Divestment Study believe private equity funds to be the most likely acquirer should they divest part of their business.
XAnge's XPansion 2 reaches €32m first close
XAnge Private Equity has held a first close for its latest growth capital vehicle, XPansion 2, on €32m.
MBO Partenaires and A Plus back Ingertec buyout
MBO Partenaires and A Plus Finance have backed the management buyout of French electrical installations specialist Ingertec.
A Plus and Promelys in €3m round for Greenweez
Promelys Participations has joined existing investor A Plus Finance in a €3m funding round for French e-commerce player Greenweez.
French private equity investors running out of cash
Ticking clock
Newfund injects €1.5m into Camping-Car Park
Newfund has provided French caravanning sites operator Camping-Car Park with €1.5m of funding.
Cobepa buys Socotec from Qualium
Investment holding Cobepa has acquired a majority stake in French management consulting firm Socotec from Qualium Investissement, alongside private equity investor Five Arrows and management.
Omnes backs Groupe Eyssautier MBO
Omnes Capital has taken a stake in the management buyout of French marine and transport insurance broker Groupe Eyssautier.
Oraxys in €21m round for Leosphere
Cleantech investor Oraxys has injected €10.5m into French laser measurement company Leosphere in what constitutes the first tranche of a €21m funding round.
Ace and IRDI inject €4.5m into ARM
Ace Management and investment company IRDI have provided French spare parts manufacturer Groupe ARM with €4.5m of growth capital funding.
SBOs subside in 2012
Following a record 2011, the volume of “pass-the-parcel” deals abated slightly last year – but primary transactions still have a long way to go before returning to their pre-crisis glory.
Warburg Pincus's Premier Foods loses 2nd top exec in a row
Premier Foods COO Geoff Eaton is due to step down just a week after the appointment of a new CEO for the business.
123Venture injects $3.3m into Logix Aero
123Venture has provided Logix Aero, a French provider of spare parts management solutions to the aerospace industry, with $3.3m of growth capital.