France
TDR Capital in exclusivity for Buffalo Grill
Deal for the French steakhouse chain, backed by Abénex and Nixen, could value it at around €400m
Abénex Capital acquires Groupe Square in MBO
GP acquires the business consulting company alongside president Jérôme Boucheron
BPI France, Idinvest et al. in $6.4m Cardiologs series-A
Consortium of French investors brings the total funding raised by the software company to $10m
Astorg, Montagu fully exit Sebia
CVC Strategic Opportunities and the Bettencourt-Meyers family office join CDPQ as shareholders
Montefiore backs Les Cercles de la Forme
With fresh backing, the fitness clubs operator will aim to continue consolidating the sector in Paris
Parquest buys Aserti from Galiena
Galiena acquired the repair and maintenance services business in 2013 in a secondary buyout
Eurazeo further reduces Elis stake via €220m ABB
Listed French GP will be left with a 5% stake in the company, which listed in 2015
Pragma acquires IMX from Naxicap
Deal for the international courier service is the fifth investment from Pragma's third vehicle
EdRip backs Globe Groupe
Apax Partners Développement and Turenne Investissement made an exit through the sale
Activa's Alliance Etiquettes bolts on Applic'Etains
Deal will be Activa's fourth bolt-on for the label manufacturing group, which it formed in 2015
Isatis injects €7m into Foederis
Isatis is currently raising for its Crescendo fund, with a close expected this year
Capzanine backs MBO of CBE Group
Capzanine acquires a stake in the group and also arranges a senior mezzanine facility
Partech promotes Francois-Poncet, hires BAML's Huberson
Both will help manage Partech's Growth fund, which has made eight investments so far
Raise targets €100m for new venture structure
French GP makes move into venture and will pledge 50% of carry to its not-for-profit endowment
Ardian exits TimeOne
Company was created in 2016 by merging two of Ardian's portfolio companies
Perceva appoints Franck Kelif as deputy CEO
Kelif is a founding shareholder in the French special situations investor
Idinvest launches new vehicle to finance industrial assets
Idinvest SME Industrial Assets is aiming to raise €300m, having already collected €150m
Felix leads €10m round for Heetch
Deal comes six months after the French ride-hailing business was forced to suspend its app
Keensight backs I-Tracing
GP currently invests from Keensight IV, which closed on its hard-cap of €250m in 2014
XAnge, Idinvest et al. in €15m Wandercraft series-B
Previous backer LBO France also takes part in the round via its Sisa growth fund
Sofinnova promotes Richter to managing partner
Henrijette Richter joins the partnership after spending three years at the company
Khosla, Seventure in $20m Eligo round
Series-A also includes a $2m award from the Worldwide Innovation Challenge
Entrepreneur Venture leads €6.2m round for LPB
Following the acquisition, the company aims to use the fresh capital to expand across France
Siparex et al. acquire Apside
Siparex invested €30m from its €315m ETI 4 fund, which announced its final close this week