France
Follow the leader - again
Permira is letting its investors scale back. The move is wise, as it benefits many, and is first to market
A touch of frost
A chilling frost has gathered around the private equity world for the winter season of 2008, especially in the leveraged buyouts department which has all but ground to a halt with only the EUR300-500m Socotec deal closure to speak of. With only limited...
FRANCE - Duke Street strengthens team
Duke Street has recruited Jean Garbois as operating partner. Garbois joins from Banque OBC, a private bank belonging to ABN AMRO, where he was vice-president and director general.
FRANCE - Orkos and Alven inject EUR 3m into Liligo
Orkos Capital has led a EUR 3m investment into Findworks Technology which operates the search engine Liligo, in a second round of financing, alongside return investor Alven Capital.
UK/FRANCE - Apax sued over profit split
Apax Partners co-founder Maurice Tchenio is sueing the firm in a dispute over how profits and fees were split on deals in Europe since 2001.
FRANCE - 123Venture acquires JP Gruhier
123Venture has completed a secondary management buyout of sofa-bed producer JP Gruhier from the founders and previous investors Ciclad and IDI for an undisclosed sum.
FRANCE - Jamplant buys Kelkoo from Yahoo
Newly established UK-based private equity firm Jamplant has acquired price comparison website Kelkoo from Yahoo!.
FRANCE - CAPE backs EUR 2m Weole funding
Crédit Agricole Private Equity (CAPE), via its FCPR Capenergie fund, has invested EUR 1m as part of a EUR 2m funding round for Weole Energy, a producer of small- to medium-capacity wind turbines, alongside alternative energy supplier Direct Energie.
EUROPE - CVC appoints new senior adviser
CVC Capital Partners has appointed Charles-Henri Filippi as senior adviser.
FRANCE - Demeter et al. back EUR 20 Solairedirect investment
Demeter Partners, Schneider Electric Ventures and TechFund have backed a EUR 20m capital increase in portfolio company Solairedirect, a renewable energy producer, alongside insurance companies Macif, AGPM, UMR and Ofivalmo Partners.