France
Blossom holds USD 432m final close for third fund
VC will continue its focus on Series A investing in Europe, backing sectors including cryptocurrency
Buy-and-build a "super opportunity" for PE in healthcare services – panel
Dermatology, ophthalmology and diagnostic imaging all present attractive consolidation opportunities, panellists said
S4Capital, Stanhope launch S4S Ventures fund
S4Capital and Stanhope Capital will act as GPs for the marketing and advertising technology fund
Goldman Sachs, 83North et al. in USD 335m round for Exotec
France's New Unicorn, Exotec, reaches valuation of USD 2bn following investment round
Petershill IV closes on USD 5bn
Petershill Partners is operated by Goldman Sachs Asset Management and buys minority stakes in GPs
Sprints Capital holds EUR 525m final close for Fund IV
Growth fund has made two deals to date, including refurbished electronics marketplace Back Market
Tiger Global, TCV et al. in EUR 486m Series D for Qonto
Tiger Global and TCV led a Series D round alongside eight new investors
Astorg Partners invests in Armor Iimak
Auction process for the packaging-printing specialist kicked off in early November 2021
PE activity reaches EUR 392bn in record-breaking 2021
Q4 may have shown signs of a market slowdown, but 2021 nevertheless stands out as a phenomenal year for PE deployment across Europe
Tikehau Ace Capital buys PCB manufacturer Elvia
Elvia is the largest printed circuit board manufacturer in France, according to the acquiring GP
Tikehau, Abénex in exclusivity for Proprietes-privees
Sparring Capital first acquired the France-based real estate selling platform in 2016
General Atlantic leads EUR 254m round for PayFit
HR and payroll software developer is valued at EUR 1.82bn; its existing backers include Eurazeo and Accel
Evoco holds final close for third fund
Switzerland-headquartered GP acquires lower-mid-market companies via portfolio deals
Azalea holds USD 805m close for Altrium II
Vehicle is the second in Azalea Investment Management's PE fund-of-funds strategy
Korify launches debut VC fund with USD 100m target
Vehicle will back biotechnology companies focusing on mental illnesses and age-related diseases
Adams Street closes 2021 Global Fund on USD 832m
Adams Street's predecessor fund-of-funds held a final close in December 2020 on USD 823m
Cegid sponsor could pursue IPO among mid-term exit options
Mandates could be awarded in the first half of next year, one source says
2022 Preview: Sponsors toast to incredible year, but remain wary of hangover
Many sponsors are anticipating that 2022 could be just as busy as 2021, in spite of mounting headwinds
ArchiMed buys lab analysis company Carso
Selling shareholders include private equity firms EMZ Partners, Etoile ID, Unigrains, Raise and Siparex
Blackstone registers ninth fund
Previous flagship fund, Blackstone Capital Partners VIII, held a final close in September 2019 on USD 26bn
MBO & Co closes fifth fund on EUR 320m
GP's latest SME-focused fund took six months to raise and closed above its target
PAI sells Asmodee to Embracer in EUR 3bn deal
EBITDA for the France-based games business has risen from EUR 90m to EUR 240m under PAI's ownership
Ardian, Cathay buy listed Artefact
Ardian is investing in the data consulting and digital marketing company via its Expansion strategy
Sale of LBO France's Payot gets under way
French skincare company, founded in 1920, generates around EUR 5m in EBITDA