France
Not mezz-ing around
Now that the door has firmly shut on cheap debt and new types of junior products, mezzanine has a way into capital structures again. But it still faces competition and challenges in today's market. Linn Ronning speaks to mezzanine specialists to find...
EUROPE - Mezz cashes in on new markets
One manтs loss is another manтs gain and nowhere is this clearer than in the subordinated debt market right now. Anecdotal evidence suggests the layer is set for its headiest days yet, with mezzanine now accounting for up to 2x EBITDA on average in a...
FRANCE – Avenir Finance leads EUR 700,000 investment into Pole Star
Avenir Finance Gestion has led a EUR 700,000 early-stage investment into software company Pole Star. Avenir provided EUR 500,000, with the balance being contributed by a number of business angels.
FRANCE - 2 Minutes raises EUR 1m funding
Alliance Entreprendre and Galia Gestion have invested EUR 1.05m in a first round of financing for animation studio 2 Minutes.
FRANCE - 21 Centrale Partners divests Averys
21 Centrale Partners has sold storage systems company Averys to LBO France in a secondary buyout transaction for an undisclosed sum.
FRANCE – CDC Entreprises and IRDI/ICSO invest in Audemat
CDC Entreprises and IRDI/ICSO have invested in Audemat, a manufacturer of data monitoring products for the broadcasting industry, in a third round of financing. They join existing investors Innovacom and Galia Gestion, who both previously invested EUR...
FRANCE - UFG and AGF invest EUR 5.5m in Bernard Julhiet Group
UFG Private Equity and AGF Private Equity have invested EUR 5.5m in Bernard Julhiet Group, a HR consulting business. The company will use the investment to continue its external growth and international expansion.
FRANCE - CDC Entreprises closes Aurinvest Capital 2 on EUR 16.2m
CDC Entreprises has overseen the closing of Aurinvest Capital 2, part of the government investment scheme France Investissement, on EUR 16.2m.
FRANCE - EdRIP closes EUR 150m fund
Edmond de Rothschild Investment Partners (EdRIP) has closed its new venture fund, BioDiscovery 3, on EUR 150m.
FRANCE - Close Brothers hires new managing director
Close Brothers has hired Gwénaël de Sagazan as managing director in its French office.
FRANCE – Colony and Eurazeo seeking to exit Buffalo Grill
Colony Capital and Eurazeo are reportedly seeking to divest restaurant chain Buffalo Grill. The investors staged a EUR 340m public-to-private transaction in October 2005, acquiring a combined 75% stake in the company.
FRANCE – 21 Centrale Partners exit Hedis
21 Centrale Partners has exited its stake in hygiene products distributer Hedis in a management buy-back supported by Sofival.
FRANCE – Abénex acquires stake in Réponse
Abénex Capital (formerly ABN AMRO Capital France) has acquired 56.5% of listed design and outfitting business Réponse at a price of EUR 9 per share. Following this purchase Abénex will launch a public takeover bid to acquire Réponse’s remaining shares...
FRANCE – ABN AMRO Capital France becomes Abénex Capital
ABN AMRO Capital France has become independent from ABN AMRO Group and renamed itself Abénex Capital.