France
FRANCE - Bryan, Garnier & Co appoints director of structured products
Independent investement bank Bryan, Garnier & Co has appointed Henri-Pierre Jeancard as a director in charge of structured products origination, in the Paris office.
FRANCE - Activa continues to grow
Mid-cap private equity firm Activa Capital has hired Julien Di Marco as an Investment Analyst.
FRANCE - Summit Partners takes 20% of Vente-Privée.com
Summit Partners has made a growth capital investment in online clothing retailer Vente-Privée in exchange for a 20% equity stake.
FRANCE - Unigrains appoints new president
The board of directors of agriculture-oriented investor Unigrains has appointed Philippe Pinta as president, replacing Henri de Benoist.
FRANCE - Towerbrook makes 3x from sale of InfoPro to Apax
Towerbrook Capital Partners has generated 3x its money on the sale of professional information group InfoPro Communications to Apax Partners SA.
FRANCE - AXA Private Equity backs buyout of payment software business
In a management buyout, AXA Private Equity has acquired the majority of the shares of Welcome Real-time, a provider of payment software for financial institutions and payment networks.
FRANCE - European Capital invests EUR 55m in Go Voyages
European Capital has invested EUR 55m in senior and junior mezzanine bonds and preferred and common equity in travel agent Go Voyages. The company was the subject of a buyout supported by Financière Agache Private Equity earlier this year.
FRANCE - Avenir Tourisme invests in 5-a-side football
Urban Football, a company running 5-a-side football centres has received EUR 1m in equity and convertible bonds from Avenir Tourisme, its managers and other existing stakeholders.
SPAIN/FRANCE - CVC goes solo for Altadis bid
Following recent rumours of disagreements between CVC and PAI Partners in relation to their joint bid for tobacco business Altadis, CVC is said to be preparing an offer on its own.
FRANCE - GIMV hires Dubus
Belgian-based Investment company GIMV has hired Geoffroy Dubus to head investments in the ICT sector in France. Dunus will also assist with the opening of GIMV's French office. Dunus was previously a partner at French private equity house Innovacom,...
FRANCE - Stirling Square sells GDT to Bridgepoint in $343m deal
Stirling Square Capital Partners has signed an agreement to sell Global Design Technologies (GDT) to Bridgepoint for $343m. GDT is a France/US-headquartered manufacturer of swaged permanent coupling systems for rigid tubing and pipes used in the aerospace,...
SPAIN/FRANCE - CVC and PAI on row over Altadis split
Rumour has it that CVC and PAI Partners are in disagreement over how the two private equity firms will split control of the tobacco business.
FRANCE - Weinberg appoints head of real-estate funds
French buyout house Weinberg Capital Partners has named Laurent Halimi as partner with overall responsibility for real-estate funds.
FRANCE - Argos Soditic backs MBI of Chronolyss
Argos Soditic has backed the management buy-in of Chronolyss, a company providing services to diabetic patients.
FRANCE - Implanet Partners receives EUR 13m from Franco-German syndicate
Bordeaux-based medical technology start-up Implanet has received EUR 13m from a syndicate led by Auriga Partners, Edmond de Rothschild Investment Partners and Wellington Partners.
FRANCE - Apax's PIPE in GFI falls through
A capital increase which would have granted Apax Partners 27% in listed computer services company GFI Informatique has been cancelled, following an executive board meeting.
FRANCE - Institutional LPs give advice on reporting
Ten fresh recommendations were issued this month by the French association of institutional investors (Af2i), in order to improve and standardise the reporting methods of private equity firms.
FRANCE - Cyclopharma raises EUR 8m
Clermont-Ferrand-based Cyclopharma has received EUR 8m from Sofimac, Crédit Agricole Private Equity, Société Générale Capital Partenaires, CHP laboratories, Tikehau Venture and a former Aventis director.
FRANCE - AXA Private Equity sells Larivière to SIG
AXA Private Equity has sold roofing products business Larivière to UK-based company SIG, for around EUR 300m.
EUROPE - European venture performance takes off
The returns from European venture have never been better, with new performance figures now exceeding even the lofty heights seen in 2001. тThe GPs left in this space are the cream that has risen to the top,т says Charles Irving at Pond Ventures. тIt is...
EUROPE - European venture performance takes off
The returns from European venture have never been better, with new performance figures now exceeding even the lofty heights seen in 2001. тThe GPs left in this space are the cream that has risen to the top,т says Charles Irving at Pond Ventures. тIt is...
WORLD - Blackstone in $3bn Chinese coup
When Blackstone announced it was to list on the NYSE, it provoked much discussion, but few mused over its potential impact on Chinese-US relations. Unsuprisingly, no one foresaw China's announcement that it will invest $3bn of its $1.2 trillion foreign...
EUROPE - Private equity to take the stand
The Commons Treasury Select Committee in the UK has summoned five of Europe тs biggest private equity chiefs to attend a meeting on 20 June, which as been called a sort of тpublic hearingт in a report in todayтs Financial Times. The industry chiefs...
FRANCE - Argos Soditic pilots the BIMBO of ejection device manufacturer
Argos Soditic has acquired Alkan from MBDA France.
