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France

Aspirin and other pharmaceutical products
LBO France acquires pharmaceutical distributer Piex

Following the deal, the GP has nominated a new CEO alongside a new management team

  • Buyouts
  • 04 September 2017
Dry cleaning services and supplies
Bridgepoint in running for 5àSec deal

If it goes ahead, the deal would mark the fifth PE ownership change for the dry cleaning business

  • Buyouts
  • 31 August 2017
Lampe Berger makes perfumes and diffusers for the home
Argos Soditic buys Lampe Berger in SBO

Deal seals the end of a 10-year holding period for Azulis Capital, which acquired the asset in 2007

  • Buyouts
  • 30 August 2017
Virtual keys for shared car services
ETF and Frog Capital in $20m round for Vulog

French car-sharing technology firm had previously raised €8.4m from fund managers in September 2015

  • Expansion
  • 30 August 2017
Marketing software and campaigns
Ventech injects €3m into Mediarithmics

Data marketing platform had already raised €1.2m from Jaina Capital in 2013

  • Expansion
  • 30 August 2017
Francois Fillon of Tikehau Capital
François Fillon joins Tikehau Capital as partner

Fillon ran as candidate for France's Les Republicains party in the country's 2017 presidential election

  • People
  • 24 August 2017
revolving-doors-web
Politics and private equity – the revolving doors

François Fillon is the latest in a long line of politicians to make the move to private equity

  • Industry
  • 24 August 2017
Prices might soar amid Nordic flight to quality
Aerospace investments taking off for PE

As evidenced by the recent VistaJet and Pattonair deals, PE is increasingly looking at the aviation and aerospace sectors for opportunities

  • Industrials
  • 23 August 2017
New hires and promotions
AlpInvest hires Bagijn as primaries business head

New managing director is joining from her previous role at Axa Investment Managers

  • People
  • 23 August 2017
Investments in US dollars
Lexington, BC Partners agree $1bn stapled secondary deal

Lexington was previously reported to be considering acquiring up to €1.2bn in secondary commitments

  • Secondaries
  • 16 August 2017
Average holding periods for exited buyouts
European holding periods continue return to five-year mark

Offloading of pre-crisis baggage and more quick flips are bringing investment periods down, according to unquote" statistics

  • Exits
  • 16 August 2017
Fundraising in dollars
Onex raises $5.72bn for fifth fund after four months

Canadian-based GP is targeting $6.5bn for the vehicle, which launched in April 2017

  • Funds
  • 15 August 2017
In-vitro biotechnology and diagnostics
Astorg, Montagu partially exit Sebia to CDPQ

Astorg and Montagu acquired the healthcare company from Cinven in 2014

  • Exits
  • 11 August 2017
Static caravans and holiday camping sites
PE-backed Siblu in amend-and-extend refinancing

As part of the transaction, the company added a €30m note meant to support its growth

  • Refinancing
  • 11 August 2017
Debt advisers holding all the cards in sell-side processes
Blackstone to acquire JOA from Alchemy

Alchemy had taken a majority stake in JOA in 2014 through a quarternary buyout

  • Exits
  • 10 August 2017
Higher education firms
LFPI invests in Eductive

BPI France and BNP Paribas Développement join in as minority co-investors

  • Buyouts
  • 10 August 2017
Watering trough
UI Gestion backs Sofilab management buy-back

UI Gestion has backed Sofilab since 2003 through its Irpac Développement vehicle

  • Buyouts
  • 09 August 2017
The NorthEdge Capital-backed MBO of health and fitness business Total Fitness marked the completion of a successful turnaround led by RooGreen Ventures
BPI, Idia and Sofipaca invest in Keep Cool

Keep Cool's founder will retain a majority stake in the company following the transaction

  • Expansion
  • 08 August 2017
SL Capital Barometer Q2 2017
Q2 Barometer: Aggregate PE deal value reaches 10-year peak

Deal numbers climbed for the second consecutive quarter, boosted by buyouts and growth capital deals

  • Performance
  • 08 August 2017
Whiskies and other alcoholic drinks
Raise Investissement buys stake in La Maison du Whisky

Deal sees the founding family retain a majority stake alongside high-net-worth individuals

  • Expansion
  • 03 August 2017
Mapping out a road map for private equity at the Private Equity Exchange conference in Paris
Apax/EPF merger highlights consolidation trend in French GP landscape

Apax's acquisition of EPF Partners is the latest in a number of consolidation plays within the French market

  • GPs
  • 02 August 2017
Yacht investments still viable
NextStage to take majority stake in Dream Yacht Charter

NextStage is currently investing from €69m growth and buyout fund FCPR Nextstage PME Championnes II

  • Buyouts
  • 31 July 2017
Spreading butter on toast
Montagu sells St Hubert to Fosun, Sanyuan

Montagu acquired the French non-butter spreads producer back in 2012

  • Exits
  • 31 July 2017
French funds and regulation
Eurazeo closes PME III fund on €658m

Listed GP held a first close on €586m for its latest mid-cap effort in late May

  • Funds
  • 31 July 2017
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