France
Qualium sells La Foir'Fouille stake to manager and funds - report
Deal values the French discount retailer at between EUR 150m and EUR 200m
Bridgepoint explores Anaveo exit, initial bids due imminently
Financial sponsors showing preliminary interest include 3i, PAI and Motion Equity Partners
Eurazeo at 70% of target for EUR 1bn PME IV fund
Fund has already secured more than EUR 700m, including EUR 400m from Eurazeo's balance sheet
Equistone sells Bruneau to Towerbrook
Earlier media report put the EV of the French online office supplies retailer at EUR 475m
Eurazeo NAV per share hits record high
AUM grew by +39% over the 12 months to June 2021, to reach €25.6bn
Mega-rounds fuel record H1 for venture and growth
Largest rounds inked in the first six months of 2021 read like a veritable Who's Who of European fintech heavyweights
Eurazeo closes Idinvest Private Debt V on EUR 1.5bn
Fund exceeds its EUR 1.2bn target and is already deployed at nearly 80%, with a successor lined up
Tikehau holds EUR 617m final close for European Special Opportunities II
Fund surpassed its EUR 500m target and is more than 50% deployed, with a 68% re-up rate
Alpha Private Equity sells Vertbaudet to Equistone
SBO of the children's clothing and accessories retailer is Equistone's sixth platform deal of 2021
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Eurazeo Growth III holds final close on EUR 1.6bn
Vehicle surpassed its EUR 1bn target and will provide initial equity tickets of EUR 25m-100m
PE buy-side appetite further boosts exit options for sponsors
Secondary buyouts accounted for nearly a third of all PE exits in the first half of 2021, compared with typical levels of 20-25%
Unigestion launches second emerging-manager fund
Vehicle has a target of EUR 300m and will back first- and second-generation buyout and growth funds
France's Apax Partners closes latest flagship fund on EUR 1.6bn
Fund is around 60% larger than its predecessor, which closed on EUR 1.03bn in 2016
GHO holds EUR 2bn final close for third fund
Fund close follows a fully virtual fundraise that saw the GP surpass its EUR 1.25bn target
New French GP Aldebaran holds first close for debut fund
Aldebaran Transformation Fund I targets EUR 300m for complex buyout situations
EQT's Cerba buys Lifebrain from Investindustrial
Parties agreed on a price of more than EUR 1bn, with exclusivity awarded last week
GPs increasingly ruling out investments due to ESG – survey
Majority of GPs polled by Investec have declined to invest in a company on ESG or ethical grounds
Unquote Private Equity Podcast: H1 review special
The team looks at key takeaways and numbers across deal-doing and fundraising, and ponders where the market might be headed
Silverfleet calls off fundraise for third fund
GP intends to focus on follow-on investments and realisations in its existing portfolio
Equistone acquires GSCM Group
GP has previous experience in the modular construction sector with Oikos Group
IK buys Blanchon from Abénex
First investment made from IK Small Cap III Fund, which closed in April 2021 on EUR 1.2bn
Tikehau appoints Cabanis as deputy CEO
Cabanis will join from her role as executive vice-president at Danone
H&F holds USD 24.4bn final close for 10th fund
Large-cap buyout specialist closed its predecessor fund in October 2018 on USD 16bn
