France
FRANCE - XAnge and MBO Partenaires exit Acticall
XAnge Private Equity and MBO Partenaires have ceded their shares in Acticall, a client relationship business, to Creadev, an investment company backed by the Mulliez family.
FRANCE - Idia et al. provide Elitech with EUR 9m
Idia Participations, a subsidiary of Crédit Agricole, has invested EUR 9m in Financere Elitech, a biotech holding company, alongside Naxicap Partners, Banque Populaire Développement, BNP Paribas Développement and Synergie Finance.
FRANCE - Siparex and Rhônes-Alpes invest EUR 1.2m into Aktor
Siparex, via its fund Siparex Proiximité 3, and the regional Rhônes-Alpes fund have backed invested Aktor Interactive, a human resources marketing firm, with EUR 1.2m
EUROPE - Hall to retain 12% stake in Cinven
Robin Hall, who stepped down as managing partner of buyout giant Cinven this week, will reportedly retain a 12% stake in the private equity firm, assuming the role of executive chairman.
GLOBAL - Pomona Capital surpasses $1bn target for secondaries fund
Global private equity firm Pomona Capital has held a final close of its seventh secondaries fund, Pomona Capital VII, at $1.3bn, surpassing its original $1bn target.
GLOBAL - Cipio promotes Meyel
Global secondary direct specialist Cipio Partners has promoted Diana Meyel to the position of partner.
FRANCE - NextStage leads EUR 10m investment into Elbée
NexStage has joined returning investors Xange Private Equity and OTC Asset Management in a EUR 10m investment into Elbée Group, the operator of home furnishing websites Delamaison and Decoclico.
EUROPE - 3i appoints two new non-executive directors; halves debt
Private equity group 3i has appointed John Allan and Alistair Cox as non-executive directors on its board, effective 1 September and 1 October respectively.
FRANCE - CDC and Innovacom invest EUR 1.5m into Maeglin
CDC Innovations and Innovacom have invested EUR 1.5m into Maeglin Software, a mobile software company, in a second round of financing.
FRANCE - EdRIP holds first close of Winch Capital 2 on EUR 175m
Edmond de Rothschild Investment Partners (EdRIP) has held a first close of its new fund, Winch Capital 2, on EUR 175m.
EUROPE - Palamon appoints new adviser
London-based mid-market investor Palamon Capital Partners has appointment Dr Richard Wolman to its board of advisers.
FRANCE - Naxicap invests EUR 5.75m into GSM Consulting
Naxicap Partners has invested close to EUR 6m into cost reduction consultant GSM Consulting, taking a 24% stake in the business.
EUROPE - Cinven’s Hall steps down
Buyout giant Cinven has elected Hugh Langmuir to managing partner, replacing Robin Hall, a veteran of the firm who will take on the role of executive chairman.
UK/GERMANY - WHEB Ventures reaches £90m third close
WHEB Ventures has achieved a third closing of its second clean technology fund, WHEB Ventures Private Equity 2 LP, at £90m (EUR 105m).
EUROPE - AXA PE signs UN responsible investment principles
French mid-market buyout house AXA Private Equity has signed the Principles for Responsible Investment (PRI) initiative, issued by the United Nations.
FRANCE - AXA PE invests in INDOM
AXA Private Equity has invested an undisclosed sum into domain broker INDOM, taking a stake of around 15%.
FRANCE - IDI- and BV Capital-backed Hi-Media acquires AdLINK
IDI- and BV Capital-backed internet business Hi-Media has acquired AdLINK Media, the display advertising network of Germany-based AdLINK Internet Media AG.
FRANCE - Delta Partners invested EUR 2.75m in SpineGuard
Delta Partners has invested close to EUR 3m into medical equipment company SpineGuard in an extension to the business' first round of funding. Crédit Agricole Private Equity and Innoven Partenaires had originally co-led an $11m investment into the firm...
FRANCE/ITALY - 21 Centrale Partners strengthens team
21 Centrale Partners has recruited Marco Guglielminetti and Nicolas Marien to its investment teams in Italy and France respectively.
FRANCE/GERMANY - Gores-backed Sagen buys Gigaset assets
Sagem Communications, backed by US investor Gores Group, has acquired the broadband and WiMAX business of Gigaset Communications GmbH, a subsidiary of industrial holding Arques AG and Siemens AG.
EUROPE - EVCA placement code highlights need for transparency
In response to the ongoing reverberations relating to the New York kickback scandal the EVCA has published a draft code of conduct for placement agents, which highlights the need for greater transparency within the sector.