France
Trocadero holds €120m first close for third fund
Small-cap and lower-mid-market fund Croissance & Transmission III nears its €150m target
Alliance, Garibaldi et al. back Mineris Environnement
GPs buy a minority stake in the glass waste management specialist
Sofinnova promotes Krel to partner
Krel joined the VC in 2013 and has worked on industrial biotech investments since then
Jeito holds €200m first close for maiden fund
France-based venture capital investor is planning to reach the fund's €500m target by Q4 2020
Azulis, Aquiti back Talis Business School in €23m deal
Founder Serge Marcillaud retains a majority stake in the higher education provider
Capital Croissance backs Seguin
Seguin is the first transaction for the K2 Business Club fund, closed on €200m in Q2 2019
Five Elms et al. back SimpliField $11m series-A
SimpliField plans to use its most recent fundraising round to expand in the US
Ambienta's Aromata buys Nactis, creates flavourings group
New group will be rebranded as Nactarome and will further expand across the European food flavours market
Corporate divestments fuel European buyouts
Carve-outs and spin-outs represented around 14% of all buyouts in 2019, up from 11.5% in 2018 and 10% in 2017, according to Unquote Data
Consortium invests $30m in series-B round for Eyevensys
Company will use the funds to develop its treatment of chronic non-infectious uveitis
CVC Growth Partners invests $200m in EcoVadis
GP will draw equity from CVC Growth Partners II, which closed on $1.6bn in November 2019
Five Arrows Secondary Opportunities V closes on €1bn
Rothschild & Co has held a final close for Five Arrows Secondary Opportunities V (FASO V), surpassing its €700m target.
Raise backs consultancy Efor
French GP invests €20m in the consultancy firm, while Capza provides a €35m unitranche
Mérieux closes Mérieux Participations 3 on €377m
Fund targets businesses operating within the nutrition and food safety sectors
Unquote Private Equity Podcast: Craving carve-outs
Listen to the latest episode of the Unquote Private Equity Podcast, where the team discusses corporate carve-outs
UI Gestion backs Daco France SBO
Directors Alain and Michel Abitbol retain stakes in the France-based dried fruits company
UBS's Fabrice Scheer joins Alantra France
Scheer's colleague, UBS director Nicolas Senlis, also joins Alantra's Paris office
Prudentia backs Metz-Amnéville zoological park
GP is investing via its maiden fund, France Industrie I, which closed on €100m in 2018
Apax invests in engineering software developer Graitec
Founder Francis Guillemard and the management team reinvested in the engineering company
Groupe LFPI eyes Document Store
ActoMezz backed the French printing equipment distributor between 2015 and 2018
A decade to remember
The Unquote team wishes you a restful holiday break, and will be back for our regular news coverage on 3 January
Ardian buys Cérélia in c€810m deal
IK sells its majority stake in the France-based bakery business acquired in 2015
PAI completes GP-led secondaries deal for Fund V
Alpinvest, Goldman Sachs and HarbourVest are lead investors in the new fund
Truffle Capital collects €390m across two venture funds
GP raises sector-specific funds, while it previously managed generalist vehicles
