France
PE-backed footwear retailer Sarenza sold to trade
French retail chain Monoprix buys Sarenza from HLD, BPI France and Akila Finance
Activa's Alliance Etiquettes bolts on Groupe Etienne
Acquisition is Alliance Etiquettes’s sixth add-on since Activa's investment in 2015
Isatis invests in Hotline to finance Groupe Metalis bolt-on
Isatis-backed outsourced IT service Hotline acquires competitor Groupe Metalis in bolt-on
European PE in 2017: Scaling new heights
Buyout activity and fundraising reached a new peak in 2017, with mega-buyouts and small-cap deals fueling dealflow and French funds popular among LPs
iBionext closes maiden fund iBionext Growth on €90m
Backers of the fund include French and international investors, including a Chinese corporate
Essling closes second co-investment fund on €115m
Hard-cap was originally set at €100m, but was raised in order to meet increasing demand
Artemid closes second debt fund
Launched in Q3 2017, Artemid Senior Loan II surpasses its predecessor and closes on €413m
GP Profile: Cerea Partenaire
Three-pronged food and agriculture investor is due to announce a first close for its second debt fund in March ahead of a final close on its €300m target
Scor, LBO France launch Scor Mid Market Loans fund
Asset manager Scor Investment Partners teams up with GP LBO France for a leveraged loans fund
Core Equity buys IDVerde in SBO
Chequers sells its stake in the French landscaping and grounds maintenance service
Ring Capital backs $12m series-B for Adikteev
Other backers in the round include existing investors Isai, Ventech and Laurent Asscher
Idinvest/Eurazeo merger: Going global
Eurazeo's permanent capital and an international footprint will help Idinvest attract an international LP base
Capzanine backs EOS Corrugated in MBO
Capzanine secures a majority stake from Capzanine 4 and also invests mezzanine debt
Healthcare-focused ArchiMed hires Adelus, Ballester as partners
Appointments will increase the firm's number of partners from six to eight
Eurazeo's Asmodée bolts-on Lookout
French games publisher Asmodée acquires the Germany-based board and card game publisher
BPI France et al. invest in Enygea
Nord Croissance backs French portable toilets rental service provider Enygea for the first time
Q4 Barometer: Deal volume and aggregate value slide
Despite a boom in both dealflow and aggregate value across 2017 as a whole, the final quarter of the year saw a slowdown in activity
Turenne Capital exits Volfoni to trade
GP sells its minority stake in the French maker of 3D cinema glasses to Chinese corporate Shandong Luxin-Rio
CM-CIC Investissement backs Bougrier
GP acquires 32% of French family-owned wine business Bougrier, investing €4.2m
Alter leads €15m round for InnovaFeed
Biotech firm intends to build a second production facility to accelerate commercial capacities
Capzanine backs Alphitan in MBO
GP used its Capzanine 4 Flex Equity fund, closed in 2016 on €350m, for the transaction
Pragma Capital buys GSRI in MBO
GP buys a majority stake in the French infrastructure inspection engineering group
EdRip holds final close on €345m for BioDiscovery5
New life sciences fund will be considerably larger than its predecessor, closed in 2013
Qualium exits CMAI deal
ICG takes over from Qualium, the previous main shareholder in the maker of closets and sliding doors