France
Eurazeo gears up for Eurazeo Capital V
GP has registered the fund almost three years after the EUR 2.5bn final close of its predecessor
Astorg adds new partner to Paris office
With addition of Jean Raby, Astorg will establish two new functions
Payot sale interrupted as Weinberg drops out
LBO France-backed French skincare company’s exposure to the Russian market was major issue raise by bidder
Teachers' Venture Growth leads Alan's EUR 183m Series E
Temasek, Index, Coatue, Ribbit Capital, Exor, Dragoneer, and Lakestar also joined the round which values Alan at EUR 2.7bn
Cipio holds EUR 202m final close for Fund VIII
Technology growth capital and primary buyout vehicle plans to make four to six deals per year
Phoenix sells 1000Heads to PE-backed Labelium
Phoenix Equity Partners has sold its stake in UK-based social media data and consultancy firm 1000Heads to France-headquartered Labelium, a portfolio company of Charterhouse Capital Partners.
Squire Patton Boggs makes France and Italy partner hires
Anthony Guillaume and Benjamin Marché join the Paris team, while Sara Belotti joins in Milan
SwanCap closes fifth fund at EUR 420m
New vehicle will make primary, co-investment and secondary deals; close to 50% deployed
Latour sells Atlas For Men to Motion Equity
Vendor owned the French menswear retailer for just three years; buyer participated in 2019 auction
LGT sells Batisanté to IK Partners
New owner investing via Fund IX; looks to grow the company organically
Stirling Square gears up for fifth fund
Fund registration comes just over two years after the EUR 950m final close of Stirling Square IV
IK pre-empts Batisanté sale at the start of second round
LGT-owned building hygiene and safety specialist attracted interest from several other financial sponsors
EQT sets Fund X hard-cap at EUR 21.5bn
GP is also on the road for funds including its EUR 4bn, impact-focused EQT Future Fund
The Bolt-Ons Digest – 19 April 2022
Triton's All4Labels; Committed's MR Marine; Goldman Sach's Advania; Main Capital's Perbility; and more
Tilt Capital holds first close for debut energy transition fund
Co-founder Nicolas Piau speaks to Unquote about the GP's Siparex partnership. fundraise and strategy
Qualium III expects autumn final close
Vehicle will follow the investment strategy of its predecessor and has a EUR 500m target
IK Partners sells Recocash to Qualium Investissement
Deal marks the third exit from IK Small Cap II, which is at least 93% deployed
LGT's Batisanté draws interest from multiple sponsors in hotly contested sale
GPs including Chequers, Equistone, IK, Latour and Naxicap are circling the LGT-backed firm
Hg bolsters team with promotions and new hires
GP has promoted three to partner and fills newly created role, head of talen
Capital Croissance gears up for Smart AdServer exit
GP bought a majority stake in the France-based digital advertising platform from Cathay in 2021
European PE fundraising forges ahead amidst macro uncertainty
Unquote explores LP preferences, GP behaviour and the challenges ahead in what many expect to be a record fundraising year
Inovexus gears up for seed investments in AI, blockchain, metaverse startups
Evergreen fund's LPs include Crédit Agricole, according to Inovexus CEO and founder Philippe Roche
European Q1 deal value drops amid market volatility
Buyouts in the first quarter fell to EUR 62bn, the lowest level since the recovery from the pandemic started
Bridgepoint in exclusivity to acquire G Square's Dentego
Mergermarket reported that sponsors including Ardian, BC, Eurazeo and IK showed interest in the asset