France
FRANCE - Barclays Private Equity sells Laho to Loxam
Barclays Private Equity has sold construction equipment rental business, acquired in a tertiary buyout in 2005, to Loxam, the market leader in this sector, itself the subject of three successive buyouts.
FRANCE - Edmond de Rothschild Capital Partners makes over 3x from Bonpoint sale
Edmond de Rothschild Capital Partners (ERCP) has generated a money multiple of more than 3x from the sale of luxury children's wear brand Bonpoint to EPI, the investment holding of the Descours family, six months after a EUR 24m refinancing allowed the...
FRANCE - AFIC study explains positive social impact of LBOs
A study published today by the French private equity and venture capital association AFIC and accountancy firm Constantin Associés lays out statistics aimed at convincing the country's LBO critics of the industry's social benefits.
FRANCE - Cabinet Bremont strengthens legal and turnaround teams
Law firm Cabinet Bremont has hired Virginie Verfaille-Chavaux and Dimitri Sonier to boost its legal and turnaround teams.
FRANCE - CAPE invests in Environnement Conseil Travaux
Crédit Agricole Private Equity has made a growth capital investment in ECT, a company which stock industrial waste and treats polluted grounds.
FRANCE - Eurazeo-backer Europcar buys Vanguard EMEA for EUR 670m
Eurazeo’s portfolio company Europcar has acquired Vanguard EMEA, the European activities of US-based Vanguard, for EUR 670m.
FRANCE - Apax backs OBO of Royer Group
Apax Partners has acquired a significant minority stake in shoes distributor Royer Group.
FRANCE - Albert Frère anticipates KKR bid for Lafarge
Belgian billionnaire Albert Frère will increase his stake in heavy construction equipment manufacturer Lafarge to 20% over the course of 2007, in order to prevent a takeover by KKR or by rivals Cemex and Holcim, according to reports in the French press....
GERMANY/FRANCE - Germany and France to become top destinations for PE funds
According to a study published on Monday by PricewaterhouseCoopers, Germany and France are shaping up as the top destination for private equity funds over the next five years. Out of 98 mainly European fund managers based outside Germany, 39% indicated...
FRANCE - Eurazeo sells portfolio valued at $214m to AIGGIG
In line with its previously announced strategy of selling its 3rd party commitments in favour of larger direct investments, Eurazeo has sold a portfolio of interests in 28 private equity funds, to AIG Global Investment Group.
FRANCE - France claims European crown for biotech and pharma
In 2006, French biotech and pharmaceutical companies attracted more venture money than those of any other European country, according to data compiled by unquote".
FRANCE - Rexel begins IPO process
Private equity-backed electrical equipment manufacturer Rexel yesterday applied for listing with the Authorité de Marchés Financiers, just over two years after it was de-listed by Eurazeo.
FRANCE - Neuf Cegetal buys venture-backed Erenis
French telecom business Neuf Cegetal announced today it had agreed to acquire Erenis, a telephony and internet services provider backed by Iris Capital, AGF Private Equity, Credit Agricole Private Equity, Net Partner and CDC.
GLOBAL - Bear Stearns acquires private equity placement agent
Bear Stearns has strengthened its private equity fundraising services with the acquisition of Crane Capital Associatesтs fund placement business.
FRANCE - Bryan, Garnier & Co appoints new hardware and telecommunications director
European investment bank Bryan, Garnier & Co has announced the appointment of Olivier Beaudouin as a director in charge of hardware and telecommunications.
FRANCE - BNP Paribas Développement takes 15% of Matel Group
BNP Paribas Développement has acquired a 15% stake in Matel Group, a supplier of products for manufacturers of luminous signs.
FRANCE - Barclays Private Equity takes minority stake in scaffolding business
According to market sources, Barclays Private Equity has taken a minority stake in Entrepose-Echafaudages, in a secondary 'owner buyout'.
FRANCE - AXA Private Equity backs Brittany-based house builder
AXA Private Equity has acquired a minority stake in Trecobat, a house-builder focused on Brittany.
FRANCE - European Capital discloses its investment in Delsey
European Capital has announced that it provided a EUR 120m unirate loan to finance the buyout of luggage brand Delsey by Argan Capital.
US - Blackstone buys Equity Office for $39bn in world's largest buyout
The Blackstone Group has secured the worldтs largest leveraged buyout, agreeing a $39bn price (ТЃ20.2bn) for Equity Office, the biggest office landlord in the US. Blackstone won the deal after fending off competition from real estate investment trust...
FRANCE - European Capital invests EUR 12.5m in LBO France's buyout of Poult
European Capital has announced that it has invested a total of EUR 12.5m to help finance LBO France's buyout of biscuit maker Poult, which took place last October.
FRANCE - Sigefi Private Equity invests EUR 5.6m in public works business
Sigefi Private Equity (of the Siparex group) has invested over EUR 5m in growth capital in Jalmat Group, a Velaux-based public works business.
FRANCE - Government certifies more business angel networks
The French minister for SMEs, trade and craft industry Renaud Dutreil, has certified 13 additional business angel networks (BANs), including Lyon Angels, Ouest Angels and Invest Y. Certified BANs receive a grant, worth a maximum of EUR 100,000 over three...
FRANCE - AGF Private Equity leads EUR 6m funding in online brands retailer
AGF Private Equity (EUR 5m) and business angels (EUR 1m) have backed 24h00, an online retailer of branded clothing.