France
FRANCE - Materis seeks to change debt terms
Wendel-backed Materis, a speciality chemicals company, is reportedly seeking to change the covenants on its EUR 2bn debt.
FRANCE - Giannoni sale cancelled
Condensing technology company Giannoni, which was put on the block in June 2008 and had been courted by a series of buyout houses including LBO France, has been taken off the market.
EUROPE/US - Portfolio Advisors closes fifth fund above $1bn
Portfolio Advisors has closed its latest private equity fund-of-funds, Portfolio Advisors Private Equity Fund V, on just over $1bn.
FRANCE - Clipperton Finance hires new partner
Corporate financier Clipperton Finance has hired Thibaut Revel as a new partner.
FRANCE - Oddo and Galiléo back MeilleurMobile with EUR 3m
Oddo Private Equity has joined returning investors Galiléo Partners and Fastnet Investissements for a EUR 3m third round of financing for online mobile telephone retailer MeilleurMobile.
FRANCE/US - Elaia et al. invest EUR 11m into GOOM Radio
Elaia Partners, Partech International, Wellington Partners and 123 Venture have invested EUR 11m into Go On Media, the owner of digital radio station GOOM Radio.
GLOBAL - CP Eaton Partners appoints Rinaldi
Global placement agent CP Eaton Partners has appointed Dawn Rinaldi as chief operating and chief financial officer.
EUROPE - AlpInvest partner joins Apax board
AlpInvest managing partner Wim Borgdorff has joined Apax Partners' board of advisers.
GLOBAL - Goldman raises $5.5bn secondaries fund
Goldman Sachs has reportedly closed its new secondaries fund, GS Vintage Fund V, on $5.5bn - ahead of its $5bn target.
FRANCE - Crédit Agricole PE and Scientipôle Capital in EUR 1m round for SaaS firm
Crédit Agricole Private Equity and Scientipôle Capital have invested EUR 1m into software as a service company (SaaS) firm Scan & Target in a series-A round.
FRANCE – 21 Partners launches EUR 500m fund
According to sources, Franco-Italian private equity firm 21 Partners has launched a EUR 500m fund.
FRANCE - Althera and Sopromec acquire Clairvoie
Althera Capital and Sopromec have acquired specialty food retailer Clairvoie in a secondary buyout, alongside the company's manager Bruno Madelaine.
FRANCE – NI Partners sells Lina's
NI Partners, part of Natixis Private Equity, has sold its portfolio company sandwich shop chain Lina's to Cogexco, a family holding specialised in the restaurant sector.
EUROPE - BPE spin-off – still no firm agreement
Following speculation since before Christmas, unquote" can confirm that Barclays Private Equity is indeed inching closer towards independence. Though the firm is "sounding out views of its investors", there is as yet still no agreement in place, according...
GLOBAL - Kamil Salame joins CVC Capital
International private equity firm CVC Capital Partners has appointed Kamil Salame as partner and US head of its financial institutions group.
Europe/US - Peter Schweinfurth launches Gulf + Eastern Advisors firm
Private equity professional Peter Schweinfurth has formed private merchant advisory firm Gulf + Eastern Advisors.
EUROPE - Private equity and SWFs circle GM Europe
According to reports, sovereign wealth funds and private equity firms are showing an interest to acquire a stake in the European business of US carmaker General Motors.
EUROPE - Charterhouse closes ninth fund on EUR 4bn
Private equity firm Charterhouse has closed its latest buyout fund, Charterhouse Capital Partners IX, on EUR 4bn - EUR 2bn short of its target.
FRANCE - Sofinnova leads EUR 4m investment into Neosens
Sofinnova Partners has led a EUR 4m investment into technology company Neosens, alongside Belgian investor Capricorn Ventures, GALIA Gestion, ICSO Private Equity and IRDI.
FRANCE - Carvest makes EUR 2m Olives investment
Carvest has completed an investment of EUR 2m into food products company Groupe Olives & Co to finance the acquisition of fellow food producer Raymond Geoffroy.