France
Investors shift focus on healthcare funding
Medical industries are often seen as a safe haven for investors in difficult times, proving to be robust and anti-cyclical as consumers cut down on luxuries to maintain spending on lifeтs essentials. But there are two very different stories in todayтs...
France unquote" September 2011
Apax France and Hutton Collins have sold French mobile satellite communications company Vizada to Astrium, an EADS subsidiary, for a total consideration of $960m – around 10x EBITDA.
Bolt-on for Abénex-backed Dupont Restauration
French catering group Dupont Restauration, in which Abénex Capital holds a minority stake, has acquired Yvelines Restauration for an undisclosed amount.
Save the date: unquote" 20th anniversary summit
Invaluable market insight and A-list networking: the unquoteт team looks forward to welcoming you at its 20th anniversary summit on September 22.
ISAI invests €1.25m in StickyADStv
ISAI has provided French online advertising agency StickyADStv with €1.25m of growth capital funding.
DFJ Esprit et al. in €19.8m Qosmos round
DFJ Esprit, Fonds Stratégique d’Investissements (FSI) and Alven Capital have co-led a €19.8m funding round for French software developer Qosmos.
Capital Dynamics loses 10
Unquoteт has learned that fund-of-funds Capital Dynamics has seen a number of departures recently, some of which stemmed from the recent closure of its Switzerland-focused investments in clean-tech.
Pass the parcel deals get personal
A spate of private equity investors have acquired portfolio companies from their previous employers in recent months. Is this is a clever way of sourcing deals or a sign of unscrupulous behaviour? Susannah Birkwood finds out
Alven sells Fine Media to KKR's Pages Jaunes
Alven Capital has sold French online publisher Fine Media to Pages Jaunes, a listed portfolio company of KKR and Goldman Sachs.
AXA PE invests in KRDS
AXA Private Equity has taken a 20% stake in French online marketing agency KRDS.
AXA PE reacquires Photonis from Astorg
AXA Private Equity has reacquired French electronics company Photonis, three years after selling it to Astorg Partners.
Carlyle float may herald market peak
The buyout titan may actually be timing the market well. Kimberly Romaine reports.
Regulatory fears weigh on Nordic market
Increased regulation will have a negative impact on private equity activity in the Nordic market, according to data from unquoteт Research and Delphi.
Creathor Venture holds first closing
Creathor Venture has announced the first closing of its Creathor Venture Fund III at €51m.
3i buys Etanco off IK
3i has acquired a majority stake in French building fasteners manufacturer Etanco from IK Investment Partners.
Altamar V holds first close on €120m
Altamar Private Equity has held a first close of its fifth fund-of-funds, Altamar V Private Equity Program, on тЌ120m.
PE-backed MBO for MB Electronique
Avenir Entreprises and CM-CIC Capital Privé have backed the management buyout of French electronic equipment distributor MB Electronique.
Private equity 'unlikely to buy 3i's troubled Chorion'
Private equity firms are unlikely to show much appetite for struggling 3i-backed Chorion, the owner of the Mr Men franchise, corporate finance adviser Jeremy Rayment said today.
123Venture et al. in Vérifimmo MBI
123Venture, LCV Finance and David Hamelin have wholly acquired French insurance business Vérifimmo for an undisclosed amount.
IK sells Idex to infrastructure fund Cube
IK Investment Partners has sold French energy and environmental services company Idex to Cube Infrastructure.
Partners Group has new presence in Paris
Partners Group has opened a new office in Paris.
GE overcomes hurdle in Converteam trade sale
General Electric (GE) has reached an agreement with the US Justice Department (DoJ) allowing it to acquire French engineering group Converteam from Barclays Private Equity and LBO France.
Q&A: The state of fundraising
Greg Gille talks to Antoine DrУЉan, founder, chairman & CEO of independent private equity placement agent Triago, about the current market.
PE law firms look east for expansion
Large numbers of law firms are beefing up their private equity teams both in Europe and Asia, with fund formation specialists and Mandarin speakers in particular demand. Susannah Birkwood reports