Articles by Francesca Veronesi
IK buys majority stake in Eres
IK Investment buys France-based Eres in a €230-240m deal via the €1.85bn IK VIII vehicle
Bridgepoint buys minority stake in Bee2link
GP uses £600m Bridgepoint Development Capital III fund to invest in France-based Bee2link
Essling holds €100m first close for Essling Expansion
Fund has completed its first investment, backing medical software specialist Evolucare
Essling invests €16m in Evolucare Group
GP invests in the software company via Essling Expansion, a fund that recently held a first close
Hi Inov holds first close for Hi Inov 2 on €90m
Series-A specialist also partners with Axeleo Capital for expansion into seed transactions
Chequers, TCR sell Thermocoax to trade in €158m deal
TCR has been an investor in heating technology specialist Thermocoax since 2000
Riverside backs E&A Scheer MBO
GP buys Rum blending specialist E&A Scheer while Blackrock and Rabobank provide financing
Idinvest et al. inject €25m in Malt series-B
VCs Serena and Isai re-up, having previously backed the €5m series-A in 2016
Ardian's Revima completes two bolt-ons
Ardian bought a majority stake in France-based Revima from Argos Wityu last month
OpenGate carves out SMAC from Colas
US-based OpenGate also carved out the silicon carbide division of Saint-Gobain last month
Astorg inks first US deal with Anaqua
GP uses Astorg VII, closed last month on €4bn, to acquire a stake in software developer Anaqua
CM-CIC, BPI France back Hardis Group MBO
Up to 30 managers, led by Nicolas Odet and Yvan Coutaz, acquire stakes in Hardis
NPM Capital backs Suitsupply
NPM recommits to Netherlands-based fashion chain Suitsupply, having backed it in 2017
Ardian sells Citoxlab to trade in €448m deal
Sale price implies a 13.8x pro forma EBITDA multiple, based on Citoxlab’s latest results
GP Profile: Astorg
Managing partner Thierry Timsit discusses investment strategy, competition, ESG and political instability
Sofinnova et al. invest €20m in Afyren
France-based biotech business Afyren plans to commercialise its products in 2020
Tikehau IM holds €2.1bn close across funds
Tikehau IM's four vehicles, focusing on direct lending, were launched around a year ago
Azulis buys Helios Group in SBO
GP invests in Helios, a construction and road marking specialist, via Middle Market Fund V
Value Enhancement Partners buys Frimex in SBO
Frimex was acquired by Mentha Capital in 2014 in a carve-out from Dutch firm TBI
UI Gestion closes Cap 6 on €105m
Mid-market focused Cap 6 is larger than its predecessor, M.I5, closed on €93.5m in 2011
US investors eye European first-time funds
Maiden fundraises are maintaining momentum, with US institutional investors increasingly drawn to such vehicles
Ardian, BPI France sell Ouvêo
Ardian had owned the France-based manufacturer of windows and other joinery since 2012
Baltisse buys House of Talents from Sofindev
Recruitment company House of Talents tripled its revenues under Sofindev's ownership
Experienced Capital to launch second fund in 2019
Experienced Capital's maiden fund held a final close on €78m in 2016 and is now fully deployed