France
Sofinnova leads €11m fundraising for DNA Script
French investor now has 10 portfolio companies in the industrial biotechnology sector
Activa's Atlas for Men refinances one year after carve-out
French bank Caisse d'Epargne Normandie joins the existing pool of lenders
Cathay Capital invests in The Independents
LGT and Tikehau provide unitranche debt to the new group, born from the merger of K2 and Karla Otto
Advent France Biotechnology hires Horgan and Foussat
Anne Horgan leaves Sofinnova and Arnaud Foussat was previously working at TxCell
General Atlantic hires Axa veteran de Castries as Europe chair
De Castries joins General Atlantic from Axa Group, where he worked as chair and CEO for 27 years
General Atlantic backs ManoMano in €60m series-C
Previous investors include Piton Capital, Partech Ventures and BPI France's Ambition Numérique fund
H1 fundraising reaches second-highest level on record
Last three semesters represent a significant increase on the total sums raised for final closes, compared with historical levels
CD&R, Ardian sell 5.2% stake in Spie
Following the transaction, investors reaped €189.28m in gross proceeds
Change Capital exits Paule Ka
GP will retain a minority stake in the designer clothing brand following the transaction
Capzanine buys minority stake in MCA sponsorless deal
GP provided a debt facility to support the transaction and boost the business's expansion
Isai invests €7m in Vade Secure
Loans help push the overall amount secured by the cybersecurity firm in the round to €10m
Serena et al. inject €12m into Vekia
BPI France, Pleiade Venture, CapHorn and ZTP also take part in the round
Ardian to back Alvest's SBO
French private equity house Sagard will retain an undisclosed stake in the business
Argos Soditic buys Zodiac Milpro in SBO
Equity for the transaction comes from Argos Soditic's seventh fund, closed on £248m in 2016
Pragma Capital sells CNN MCO to Endel Engie
Transaction marks the first exit for the Paris-based GP's Pragma III fund, which closed in 2015
Activa's Mecadaq bolts on Armoa
Deal represents the second bolt-on for the aerospace manufacturing business since Activa came on board
Silverfleet promotes three in London, Munich and Paris
Firm promotes Piasecki to head of financial services, and Maurer and Châtillon to partners
Newcomer Essling poaches Amundi funds-of-funds team
Having recruited the four-strong team, Essling will launch its first fund-of-funds within the next few weeks
Sodero joins Ixo in Loubat capital structure reshuffle
Inked in late July, the deal will allow Ixo to partially realise its investment
Carlyle buys Prima Solutions
Carlyle draws equity from Carlyle Europe Technology Partners III, a €656m fund that closed in 2015
Re-Sources Capital buys Novatim stake from Siparex
Siparex injected €1m into the French IT outsourcing services business in 2012
Unigrains leads €4m round for Sodevat
Backers in the funding round include asset manager Idia Capital Investissement
Apax France nominates two new partners
Bettignies and Cousseran are promoted to partner after 10 years at the firm
Ardian-backed Bricoprivé acquires Racetools
Online DIY tool distributor further expands in continental Europe following the purchase