France
France unquote" out now
The latest digital edition of France unquote” is out now, featuring all the latest analysis, deals and exits in the region.
Argos Soditic hires new analyst
Mid-market firm Argos Soditic has hired Nicolas Trani as an analyst in its Parisian team.
France unquote" June 2011
A private equity consortium led by Clayton Dubilier & Rice (CD&R) has acquired French engineering group SPIE from PAI partners for €2.1bn, further highlighting the rude health of the French large-cap market.
PE firms bid on Oberthur partial sale
Buyout houses including PAI partners, Advent International, Bain Capital and One Equity are believed to have made offers for part of French secure technologies specialist Oberthur.
zouk closes latest fund on €230m
zouk Capital has held a final close of its Cleantech Europe II fund, raising a total of €230m.
One in five LPs to cut GP relationships
One in five European LPs expect to cut the number of GPs they invest with over the next two years, according to Coller Capital’s Global Private Equity Barometer.
PE-backed Trescal acquires Antech Engineering
3i and TCR Capital portfolio company Trescal has acquired Antech Engineering, a UK-based provider of pressure, temperature and flow measurements services.
Alven et al. inject €750,000 in AntVoice
Alven Capital and Nestadio Capital have contributed to a €750,000 seed funding round for French software publisher AntVoice.
Electra strengthens relationship with Steadfast
Electra Partners has announced two new investments that strengthen the relationship with German investment partner Steadfast Capital GmbH.
PIP in $40m secondaries deal
Pantheon International Participations PLC (PIP), Pantheon’s quoted private equity fund-of-funds investment trust, has committed $40m to buy a portfolio of 25 buyout global funds with more than 400 portfolio companies.
AIFMD – Parallel LP funds and the importance of PR
Susannah Birkwood speaks to HarbourVest's Amanda McCrystal and EVCA's new chairman, Karsten Langer, in Barcelona, about the implications of the AIFMD on the private equity industry.
ENTRIES DUE TOMORROW: unquote” British PE Awards
Send your submission to Kimberly.Romaine@incisivemedia.com by tomorrow for the unquote” British Private Equity Awards 2011.
Carlyle set to acquire SagemCom from Gores
Carlyle is in advanced negotiations with The Gores Group for the acquisition of SagemCom, a French manufacturer of network equipment and television set-top boxes, according to French daily Les Echos.
Weil poaches Clifford Chance’s fund formation team
Weil Gotshal & Manges has appointed four new partners to create a fund formation group in London.
Management due diligence: Power to the people
The strength of a management team is roundly considered the single most important factor in determining the success of a private equity deal. So why is management due diligence the process to which most acquirers pay the least amount of attention? Susannah...
Private Equity Art Exhibition raises more than £20k
Following recent media scrutiny of private equity deal-doing, the industry looks once again in dire need of hiring a PR guru to protect its public image.
PE-backed Vivalto Santé acquires new clinic in France
Vivalto Santé, a French private healthcare company partly owned by a consortium of private equity investors, has acquired Polyclinique de la Baie d'Avranches for an undisclosed amount.
AXA pays $1.7bn for Citi’s 207 LP stakes
Large transactions continue to drive the market, fueling suspicion that this year’s total will surpass last year’s record $20bn. Kimberly Romaine reports
Unigestion hits €190m for secondaries; €70m for Environmental Fund
Unigestion has reached a final close of €190m for its Secondary Opportunity Fund II LP, unquote” can reveal.
Silverfleet announces changes in its Paris team
Silverfleet Capital has added Alexandre Lefebvre and Cyril Bourdarot to its Paris team.
French state launches €400m innovation fund
The French government has announced the launch of a €400m fund designed to back innovative technology companies.
French activity catching up to UK
Traditionally playing second fiddle to the UK market in terms of private equity activity levels, France got off to a busy start in 2011. Can it upset the status quo? Greg Gille investigates
Activa Capital hires investment manager
French mid-market firm Activa Capital has appointed Jean-Baptiste Salvin as investment manager.