France
NiXEN buys Babeau Seguin from Siparex et al.
NiXEN has acquired a majority stake of slightly more than 50% in French home construction group Babeau Seguin from a consortium of private equity shareholders.
Cathay Capital backs Minafin
French-Chinese investor Cathay Capital has taken a minority stake in French chemicals manufacturer Minafin.
Bank caution driving secondary market
Secondary asset trading activity has surged in Q4 following institutional interest in disposals and appealing discounts to NAV. Sonnie Ehrendal investigates.
Gilde writes down Novasep investment
Gilde is reportedly set to relinquish its 46% stake in France-based Novasep as the company is taken over by lenders, only recouping €9m on the exit.
Could corporates turn their backs on venture?
As difficult economic conditions hit financial and corporate investors alike, some large corporates may be tempted to neglect their venture arms. But this could prove disastrous for investee companies that need support.
French state reorganises fund for SMEs
French president Nicolas Sarkozy has announced a new initiative to streamline the support offered by state-backed fund FSI to small regional businesses.
EdRCP makes first add-on to Béaba
French baby care products business Béaba, a portfolio company of Edmond de Rothschild Capital Partners (EdRCP), has acquired Red Castle.
Italy on a cliff
Italy’s economic situation is worsening. Might private equity play a role in the recovery? Kimberly Romaine reports from Milan.
Regional offices: a real asset for GPs?
At a time when competing for the best assets throughout the UK is proving crucial, do GPs need to look outside London and establish a regional presence? Greg Gille reports
Sagard to buy Eurodough for €115m
Sagard Private Equity has entered exclusive negotiations with Sara Lee for the €115m purchase of French chilled dough producer Eurodough.
Gimv sells part of Tinubu Square stake
Gimv has sold the largest part of its minority stake in French credit risk solutions provider Tinubu Square to sovereign wealth fund FSI.
Navigating a fundraise
Forget much of what you’ve learned. Wooing LPs nowadays follows few preconceived truths, requiring instead a lot of patience and creativity. Kimberly Romaine reports
Is team stability in PE firms overrated?
PE houses have long used team stability as a key argument in PPMs, as it is widely believed to have a positive impact on a fund’s performance and ultimately its appeal to LPs. But new research from Capital Dynamics and the London Business School (LBS)...
Activa Capital buys Primavista off LFPI
Activa Capital has acquired a majority stake in French maternity and school photography specialist Primavista from LFPI Gestion.
AIFMD: High price for investor security?
The AIFM Directive continues to spark debate amongst industry practitioners, even as it is being implemented across Europe. While the new regulations will lower risk levels for smaller investors, GPs are concerned about a possible cost explosion. Diana...
PAI Partners hires Charles Bouaziz
The former CEO of PepsiCo Western Europe joins PAI as partner.
iXO Private Equity separates from IRDI
French small-cap specialist iXO Private Equity and regional investment company IRDI will now operate independently.
AXA PE's Novacap buys part of Rhodia
French chemicals group Novacap, a portfolio company of AXA Private Equity, has carved out Rhodia’s salicylic and acetaminophen businesses.
Fund admin: Pure player or one-stop shop?
Demand for external fund admin services has been growing steadily over the past few years – a trend quickly spotted by large banks. As the market consolidates, are independent providers feeling the heat? Greg Gille reports
Former AtriA partners launch new venture
Edouard Thomazeau and Thibaut de Chassey - two former partners at French mid-cap firm AtriA Capital Partenaires - have launched a new mid-cap firm named Atlon Capital Partners, according to media reports.
Butler Capital takes over Anovo
Turnaround specialist Butler Capital has been chosen to take over Anovo, a French provider of after-sales support solutions for high-tech products, from administration.
Technology activity holds up despite tough market
Tech deals have remained remarkably robust since the onset of the financial crisis, with fairly consistent deal volumes seen throughout the past few years. However, deal value has fluctuated wildly. Anneken Tappe investigates.
Argos Soditic buys Marchegay
Argos Soditic has acquired a majority stake in the management buyout of French glass structures manufacturer Marchegay Technologies.
unquote" Germany Report 2011
The latest unquote” Germany Report covers all the latest trends and issues affecting the German private equity and venture capital markets.