France
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.
EUROPE – Capricorn closes EUR 100m fund
Capricorn Venture Partners has closed its third venture capital fund, Capricorn Cleantech Fund, on EUR 100m.
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...
FRANCE – ABN AMRO Capital France becomes Abénex Capital
ABN AMRO Capital France has become independent from ABN AMRO Group and renamed itself Abénex Capital.
FRANCE - PAI hire Lionel Zinsou
PAI partners has appointed Lionel Zinsou as a member of the executive committee.
FRANCE - XAnge Capital completes first exit
XAnge Capital has exited its 28% stake in software company A2iA, which it originally backed in March 2006 alongside Développement & Partenariat.
EUROPE - Nomura raising new EUR 400m mezzanine fund
The European arm of Japanese Investment bank Nomura has begun raising a new EUR 400m mezzanine fund for Europe.
FRANCE - RainMakers PE appoints new vice president
Tanya Heath has joined the Paris office of RainMakers Private Equity as a vice president.
FRANCE – Edmond de Rothschild CP acquires AJ Tech
Edmond de Rothschild Capital Partners has taken a majority stake in heat pumps manufacturer AJ Tech in an LBO transaction. Joël Amisse, the company’s founder, retains a significant stake in the company, while the deal also sees Roger Gubanski join...
FRANCE - Elaia Partners promotes associate
Elaia Partners has promoted Marie Eckland to associate.
FRANCE –Ten purchase offers for LBO France-backed Cegelec
LBO France has reportedly seen around ten offers for portfolio electrical engineering company Cegelec. Potential trade buyers are said to include BTP, Vinci and Eiffage, while private equity firms rumoured to be interested include PAI, which holds a stake...
GLOBAL - Lionhart to raise at least $500m for private equity fund
London-based hedge fund Lionhart has launched its debut private equity fund, Lionhart Talon, which will initially seek to raise $500m.
FRANCE - Candover recapitalises Qioptiq Group
Candover has completed a recapitalisation of portfolio optical solutions company Qioptiq Group. Financial terms were not disclosed, other than that European Capital and parent company American Capital collectively invested USD 85m in a mezzanine tranche.
FRANCE – Elaia leads EUR 10m investment into Wyplay
Elaia Partners has led a EUR 10m second round investment into audiovisual equipment manufacturer Wyplay. Elaia was joined by A Plus Finance and existing investor Sofinnova Partners, which contributed EUR 4m to Wyplay's first round of financing in October...
FRANCE – Duke Street Capital recruit Jean-Marc Dayan
Duke Street Capital has recruited Jean-Marc Dayan as Partner.
GLOBAL – Carlyle signs MoU with Chinese provincial government
The Carlyle Group and the Department of Foreign Trade and Economic Cooperation (SDFTEC) under the Shandong Provincial Government in China have entered into a Memorandum of Understanding (MoU) to develop trade cooperation and stimulate investment in the...