France
Azulis set to hit the road in 2014
French mid-cap GP Azulis Capital is planning to start a new fundraising effort in the first half of 2014. Managing partner Michel Rowan talks to Greg Gille about the upcoming vehicle and the firm’s evolution
TEP seeks €100m for new fund
Time Equity Partners (TEP) has launched its second venture capital fund and is seeking to raise €100m, having already collected two thirds of its target, according to reports in the French press.
Patron injects €150m into Generator
Patron Capital has invested a further тЌ150m into hostel business Generator to support its acquisition of sites in Paris and Rome.
Index invests in TheFamily
Index Ventures has backed TheFamily, a Paris-based start-up accelerator.
Axa Private Equity exits Arkadin
NTT Communications Corporation (NTT Com) has agreed to acquire a stake of up to 91.2% in Axa Private Equity-backed collaboration service provider Arkadin International.
Pamplona to leverage OGF purchase with €635m debt package
The recently announced buyout of French funeral services operator OGF by Pamplona will be financed by a €635m debt package, according to media reports.
Lion's Picard issues €480m floating rate note
Picard Surgelés, a French portfolio company of Lion Capital, has issued a €480m floating rate note to refinance part of its debt.
Equistone indulges with Charles & Alice
Equistone Partners Europe has invested in French fruit dessert maker Charles & Alice Group, alongside existing investor CM-CIC Capital Finance.
Activa buys majority stake in listed Nexeya
Activa Capital has acquired a 57.9% stake in NYSE Euronext-listed Nexeya, alongside BPI France Investissement, and launched an offer for the remainder of the shares.
Activa-backed La Maison Bleue bolts on Crèches Baby
French childcare nursery group La Maison Bleue, which is backed by Activa Capital, has acquired day-care nursery chain Crèches Baby & Co from its parent company Delfingen.
Pamplona set to buy OGF from Astorg
Pamplona Capital Management is set to acquire French funeral services provider OGF from Astorg Partners, a deal reportedly valued at around €900m.
CM-CIC LBO Partners' Nerim acquires Boost
Internet and telecoms operator Nerim, which is backed by CM-CIC LBO Partners, has acquired software-as-a-service (SaaS) solutions provider Boost.
Club Med takeover could be delayed by six months
The purchase of listed French holiday resorts group Club Med will be delayed by several months thanks to an appeal by investment fund Charity & Investment Merger Arbitrage Fund (CIAM).
Qualium backs Mériguet group
Qualium Investissement has invested in the owner buyout (OBO) of the Atelier Mériguet-Carrère group, a Paris-based arts specialist and renovator.
BlackFin buys DevisMutuelle and KelAssur
BlackFin Capital Partners has acquired insurance comparison sites DevisMutuelle and KelAssur.
Special Report: AIFMD
Special Report: AIFMD
Private equity on the road to recovery
Following a month of stellar exits, an uptick in buyouts and a record number of fundraisings, there is reason to believe private equity markets are turning a corner. Kimberly Romaine reports.
French VCs in €23.5m round for Withings
State-backed investor BPI France, Idinvest Partners, 360 Capital Partners and existing backer Ventech have invested €23.5m in French smart devices business Withings.
UI Gestion injects €15m into GBNA
French GP UI Gestion has provided private healthcare group GBNA with €15m of growth capital funding.
Electra reinvests in Allflex as sale completes
Following the completion of the sale to BC Partners, Electra Private Equity has reinvested £57m in animal tags manufacturer Allflex in exchange for a 15% stake.
CM-CIC, Seventure in €23m Global Bioenergies capital increase
Industrial biology company Global Bioenergies, listed on the NYSE Alternext Paris, has raised €23m through the placement of 927,419 new shares.
Axa PE given green light for Club Med takeover
French regulatory body AMF has authorised Axa Private Equity and Fosun's joint bid for listed French holiday resorts group Club Méditerranée.
Elior sale back on track, Axa PE in lead
Axa Private Equity and Caisse de Dépôt et Placement du Québec (CDPQ) have made a revised joint bid for Charterhouse's French catering business Elior, according to reports in the local press.
Omnes backs Eratome SBO
Omnes Capital has made a €15m capital injection into French refurbishment and construction firm Eratome, buying the asset from CM-CIC Capital Privé.