France
Mid-market: The next big thing?
Even though big buyouts have staged a spectacular comeback in 2010, mid-market transactions are widely expected to be at the forefront of dealflow and value creation going forward – but strong headwinds could make for a rough, if ultimately rewarding,...
Secondary buyouts: black sheep of the industry?
Secondary buyouts have often come under fire, accused of offering poor returns for LPs. But new research suggests secondary returns can match those seen in primary buyouts. John Bakie investigates
Ergon Capital Partners buys ELITech
Ergon Capital Partners has acquired French manufacturer and distributor of in vitro diagnostic equipment and reagents ELITech Group.
Apax Paris hires two senior associates
Romain Dutartre and Nicolas Essayan have joined Apax Partners Paris as senior associates.
Isle of Man pitches for business in the new PE environment
It may seem counter-intuitive, in a particularly bleak fundraising environment, to be heavily promoting the latest iteration of a specialist tax-efficient fund structure, but that is what the Isle of Man has been doing. Julian Longhurst investigates.
Intel Summit: The future of tech investment
The Intel Capital CEO summit not only shed a light on future technology but also brought back some well known faces. Emanuel Eftimiu reports.
Carried interest tax debate re-kindled
Carried interest earned by private equity GPs is taxed as capital gains, not as income: that’s just the way it is. The Obama administration promised to end this tax break, but the reform was quietly swept under the carpet. However, the debate looks...
XAnge opens Lyon office
French growth capital specialist XAnge has opened a new office in Lyon.
unquote" mobile site launched
unquote” has launched a mobile friendly version of its website, allowing subscribers to check on all the latest deal and industry news while on the move.
Asia’s growing importance in European M&A
The sale process surrounding 3i portfolio company Hyva would not only be a major exit for the investor, but demonstrates the increasingly global nature of M&A. The proposed €600m sale has received interest from not only European private equity houses,...
Naxicap and SCR Provencale et Corse invest €1.15m in SolarQuest
Naxicap Partners and SCR Provençale et Corse have backed French energy equipment provider SolarQuest with €1.15m of growth capital funding.
PAI-backed Yoplait sale underway
A PAI spokesperson has confirmed the upcoming start of the sale process, according to media reports.
A new dimension
Although the secondaries market has increased substantially in size over the past few years, little progress has been achieved in making transaction processes more efficient and transparent. This could be about to change as Emanuel Eftimiu finds out.
Apax tech disposal marks venture exit
Apax Partners has sold much of its remaining venture portfolio, marking its exit from European early-stage investing. While it was once one of the largest investors in UK venture, the firm has been winding down its early-stage operations for many years.
Naxicap backs Groupe MJA
Naxicap has provided French communication agency Groupe MJA with growth capital funding of an undisclosed amount.
The Silver Lining
The cost of the recession to private equity has been all too evident, but is there a silver lining? As we move into a period of increased movement on the exit front, some investors believe a greater understanding of what makes portfolio companies tick...
Impax announces second closing of new fund
Impax Asset Management Group plc has announced the second closing of its European renewable energy fund Impax New Energy Investors II, having raised €259m of commitments.
Riverside closes latest fund on €420m
The Riverside Company has closed its Riverside Europe Fund IV on €420m.
AXA PE acquires 11% of Arismore
AXA Private Equity has taken an 11% stake in French IT services company Arismore for an undisclosed amount.
Citi looks to sell $500m of private equity holding
Citigroup is looking to sell $500m of private equity investments made with CVC Capital Partners, according to reports.
MVision spinout launches Asante
A new private equity placement group has been formed by Warren Hibbert, a former partner at global fundraising specialist MVision, unquote" has learnt.
Just like old times?
The latest unquote” Private Equity Barometer had some startling figures in stock. A whopping €21.4bn worth of buyouts were recorded in the third quarter this year – almost double the €11.3bn seen in Q2 and by far the highest figure since the €21.6bn...
PE conquers Marathon of Marathons
The sun pounded the private equity runners as their feet pounded the pavement for 26.2 miles from the town of Marathon to the centre of Athens yesterday. The Marathon of Marathons brought together 250 industry professionals to run the original route.
France unquote" November/December 2010
In the latest issue of France unquote" read how legislation is threatening the French venture market.