France
French venture expected to flourish under Macron
VCs welcome the arrival of a president who is likely to encourage a more favourable investment landscape
HarbourVest closes co-investment fund on $1.75bn hard-cap
GP increases original hard-cap for fourth co-investment offering due to LP demand
Platina Equity exits Ekium
GP acquired two thirds of Ekium, then Cira Concept, through an MBO in 2007
Go Capital exits Spread
Go Capital recently launched its second seed vehicle, Go Capital Amorçage II, with a €60m first close
Star Capital closes latest fund on €800m
Fund closed on its hard-cap and has already been put to work for two investments
Ekkio Capital exits Amatsigroup
Amatsigroup is said to be valued at €130m in the transaction, non-inclusive of its residual debt
Ixo PE backs Air Support MBO
GP recently held a final close for the Ixo 3 fund on its hard-cap of €150m
Apax France acquires EPF Partners
Acquisition will immediately be followed by the launch of a €200-250m vehicle
Stapled secondaries moving upmarket
BC becomes the latest firm to benefit from a stapled secondaries deal, as some industry insiders anticipate a developing trend
EdRip takes majority stake in Sarawak
EdRip invested from small-cap fund Cabestan Capital II, closed on its €165m hard-cap last year
Partech holds final closing on €400m for seventh VC fund
GP's previous vehicle, Partech VI, closed with €130m in commitments in 2013
Canopia appoints Boussac to investment team
Firm also appointed Olivier Quenardel to its investment team and advisory board in late 2016
Ardian's Italmatch buys Magpie Polymers
Magpie was previously backed by Emertec Gestion via the Fonds Lorrain de Materiaux
Felix closes second fund on $150m
Vehicle raises $30m more than its predecessor to target tech, tech-enabled and lifestyle companies
Accel leads €14m PayFit round
Series-B also sees Xavier Niel and Otium Venture invest in the French digital payroll and HR business
Runa and XAnge in €4m Yoopies series-A
Further undisclosed amount was raised to fund the takeover of UK-based FindaBabysitter
Mirabaud holds first close for first PE fund on €50m
Vehicle's second and final close is scheduled for the end of the year with a target of €150m
EdRip invests in Studia
Transaction is the fourth closed with Cabestan Capital II, following Klaxcar last month
BGF sells Chemoxy stake to Eurazeo-backed Novacap
Sale of speciality chemicals manufacturer comes just two years after the GP first invested
Ardian takes minority stake in Sarbacane Software
Third investment completed by Ardian Growth in the past two months, following Santédiscount and Abvent
Breega Capital closes second fund on €100m
Breega Capital Venture One, the firm's maiden fund, had reached a €45m close in March 2016
PE-backed Global Bionenergies in €10m private placement
CM-CIC and Seventure Partners are among the company's shareholders, and are reducing their respective stakes
Oaktree takes majority stake in Groupe SAF
BPI France, BNP Paribas Développement and Crédit Agricole des Savoies retain a minority stake in the company
Truffle Capital exits Credit.fr
Credit.fr was incubated by Truffle Capital in 2015 with an initial investment of €3m