France
Terra Firma in €15m refinancing for 21 Centrale’s Cleor
Transaction is the second refinancing backed by Terra Firma in recent weeks, following Sportgroup
Naxicap buys BVA from Montefiore
Montefiore Investment acquired a 51% stake in BVA in 2013, investing through its third €240m fund
Carlyle-backed Expereo acquires Border 6
Dutch internet network operator Expereo develops its cloud service product XCA
Deal in Focus: Starwood, L Catterton exit Baccarat in €164m deal
Starwood has been invested in the crystal glassware maker for 12 years, while L Catterton first backed the company in 2012
Apax France appoints Salinger as chief digital officer
Gregory Salinger joins Apax's MidMarket group, leaving Videdressing
Pragma and Gimv exit Leyton & Associés
Pragma Capital and Gimv became shareholders in Leyton & Associés in 2009 when they backed the company's second MBO
Ardian sells Clip Industrie to Forterro
Ardian took a 15% stake in the company in 2013 through its Ardian Growth arm
Accel leads $53m round for Algolia
Accel Partners had already led a $18.3m series-A for the tech startup in 2015
Carlyle-backed Comdata buys Izium from IK Investment Partners
Deal sees Izium's minority holder IK Investment Partners and the company founder fully exit the asset
Eurazeo PME to acquire 80% of In'Tech Medical for €78m
Eurazeo is taking over from TCR Capital, which had secured a majority stake in In'Tech in 2012
Hamilton Lane closes secondaries fund on $1.9bn
Hamilton Lane Secondary Fund IV, the firm's largest secondaries vehicle to date, originally targeted $1.25bn
PAI to sell DomusVi to ICG and SRS
GP will fully exit the investment to ICG and SRS after three years of ownership
JCDecaux takes 15.4% stake in Eurazeo
Taking over from Crédit Agricole, JC Decaux becomes the second largest shareholder in Eurazeo
Creandum, Idinvest, Alven in €7m round for Clustree
Alven Capital provided a €2.5m round of early-stage funding for Clustree in 2015
ACG Management and Capelia exit Brevet Carrosserie
ACG and Capelia invested in the company in 2009, providing €2.6m for a management buy-in
Alpha Private Equity closes APEF 7 with €903m
APEF 7 is a significant step up from APEF 6, which had gathered €700m worth of commitments in 2012
Fortune Fountain Capital acquires Baccarat for €164m
China-based family office FFC is acquiring around 88.8% of Euronext-listed entity Baccarat
Experienced Capital takes 43% stake in Sessùn
Experienced Capital was launched in 2016 and invests from a €78m fund focusing on the retail sector
PE-backed Camping and Co merges with Campsy
Newfund Capital first backed Camping and Co in 2010 via a €500,000 seed round, and was later joined by Otium Capital
Siparex, EdRip back Minafin
Company CEO and founder Frédéric Gauchet stays in control of the business following the deal
Eurazeo launches Eurazeo Brands arm with up to $800m
New entity will be headed by Jill Granoff and dedicated to the consumer and retail sectors
Eurazeo holds first close on €586m for Eurazeo PME III
Eurazeo commits €400m, while third-party investors commit €186m at first close in the mid-cap vehicle
Advent completes €2.42bn Safran acquisition
Advent merges the business with portfolio company Oberthur Technologies to form a €2.8bn group
Capital Grand Est and Agro Invest back MBI of TSA Inox
TSA's current CEO Eric Vinay will be replaced by Philippe Jeannot but retains a minority shareholding