France
Kramer Levin hires Eversheds team for French PE, financing practices
Law firm adds five lawyers to its private equity and banking/finance practices in Paris
Flexstone reaches $322m second close for co-invest fund
Firm is gearing up to announce a fourth co-investment deal for Global Opportunities IV in May
Founders Circle closes third fund on $355m
Fund deploys flexible capital to meet the needs of growth-stage companies and support their expansion
Tikehau's SPAC Pegasus raises €500m
Tikehau, FinanciУЈre Agache, Jean-Pierre Mustier and Diego De Giorgi commit to invest a total amount in excess of тЌ165m
Ares closes Ares Capital Europe V on €11bn
Ace V is Ares' largest institutional fund yet and is 70% larger than its тЌ6.5bn predecessor
Capza closes fifth debt fund on €1.6bn, prepares new launch
Fund invests in SMEs with EBITDA of more than €12m, providing unitranche and mezzanine
Permira buys minority stake in New Immo Group
Existing investor Qualium Investissement is to retain a stake in the digital real estate platform
Lumos leads €70m series-C round for OpenClassrooms
Education technology company also attracts Salesforce Ventures, Chan Zuckerberg Initiative and GSV Ventures
Ardian sells Lagarrigue to Naxicap
Sale ends a five-year holding period for Ardian, which bought a majority stake in Lagarrigue from Azulis Capital
Cap Grand Ouest 3 holds first close
Fund makes its first investment by acquiring a minority stake in healthcare consultancy Helpévia
LeadBlock plans €100m second close for blockchain fund
Fund held a first close on тЌ10m in March this year and will invest at the seed and series-A stages
Eurazeo invests €410m in Aroma-Zone
Following the deal, the founding Vausselin family retains a significant minority stake in the business
Digital Alpha Fund II closes on $1bn
Fund invests in digital assets, with a focus on next-gen networks, cloud computing and "smart cities"
KKR leads €100m series-C for Ornikar
Existing investors Idinvest, BPI, Elaia, Brighteye and H14 also took part in the fundraising
Columbus Life Sciences Fund III closes on €120m
Fund invests in early-stage and high-growth opportunities across the life sciences and pharmaceutical industries
Eurazeo to buy Aroma Zone for €700m – report
Company's sale attracts several buyers, including private equity firms Ardian, Bain Capital and CVC, according to reports
AlpInvest Co-Investment Fund VIII closes on $3.5bn
ACF VIII invests alongside GPs in private equity buyouts and growth capital transactions across a variety of sectors
Endeavour Vision closes Medtech Growth II on $375m
Fund is 30% larger than its predecessor and will continue to focus on medtech growth investments
Cusp Capital announces €300m debut fund
Newly launched VC is led by former Tengelmann Ventures partners and managing directors
Forbion Growth Opportunities I holds €360m final close
Strategy will target later-stage life sciences businesses, as well as undervalued listed companies
Primo Digital Fund launches with €80m target
Fund has a special focus on the e-commerce, software, cybersecurity, fintech and blockchain sectors
Muzinich holds third close for second European debt fund
Private debt fund focuses on lower-mid-market companies; its predecessor closed on €706.5m in 2018
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Essling founder sells business to private investors
Frank-Noël Vandenberghe exits the business he co-founded with Michele Mezzarobba, who left last year