France
FRANCE - Innovacom backs Mobile Devices
Innovacom has invested EUR 3.1m in hardware and software developer Mobile Devices. The new capital will be used to support the continuous development of the company’s technology and the establishment of an international sales network.
FRANCE - LFPI beats AtriA to win Matebat deal
Following an auction process run by Close Brothers, La Financière Patrimoniale d'Investissement (LFPI) has backed the buyout of Matebat, for a value of EUR 75-100m.
FRANCE - biospace med raises EUR 12m
NBGI Ventures and Crédit Agricole Private Equity have led a EUR 12m financing round in orthopaedic imaging company biospace med. Existing investors Edmond de Rothschild Investment Partners and UFG PE also contributed to this round. The new capital will...
FRANCE - Perfectis backs buyout of Commagnac Industries
Perfectis Private Equity has completed the buyout of sensitive goods transportation business Commagnac Industries.
FRANCE - DLA Piper hires new partners for Paris office
Global legal services company DLA Piper has announced the appointment of Véronique Collin and Clotilde Dirnat as partners in its finance and projects practice group in Paris.
FRANCE - TCR Capital makes two new appointments
French independent mid-cap private equity firm TCR Capital has appointed Roberta Nataf as general secretary in charge of fund management and investor relations, and David Robin as partner. It is understood that TCR is looking to substantially expand its...
FRANCE - OFI portfolio company announces two new acquisitions
OFI Private Equity portfolio company IMV Technologies, a producer of animal insemination products, has announced two major new acquisitions.
FRANCE - Candover buys Alma Consulting from Apax
Candover has backed the tertiary buyout of operational advisory firm Alma Consulting, meaning an exit for previous backers Apax Partners SA and minority co-investor Chequers.
FRANCE - TCR Capital refinances Locatel
Just nine months after backing the company's secondary buyout, TCR Capital has refinanced hotels and hospitals multimedia systems business Locatel.
FRANCE - LFPI exits recycling business
La Financière Patrimoniale d'Investissement (LFPI) has sold its stake in Bartin Recycling Group, a company which collects, treats and recycles industrial waste, to larger competitor Veolia Propreté.
FRANCE - 360 Capital Partners invests EUR 2.4m in art posters
360 Capital Partners acquired a minority stake in Yellow Korner, a company which prints and sells photographs for which it owns exclusive rights.
FRANCE - Online shoe shop raises EUR 4.3m
Spartoo, an online shoe retailer, is said to have raised a significant first round of institutional funding from CM-CIC Capital Privé and A Plus Finance.
FRANCE - Astorg backs Trescal's spin-off from Air Liquide
Astorg Partners has supported the management buyout of calibration and measurement services specialist Trescal from its parent company.
FRANCE - Initiative & Finance backs MBI of ham and cheese specialist
Initiative & Finance has backed the management buy-in of Primo, a company which provides a range of food products to large retailers.
FRANCE - PAI partners to be taken to court by portfolio company
Large-cap buyout house PAI partners has been accused of withdrawing an excessive commission of EUR 12m to pay for due diligence processes, following the buyout of engineering group Spie, according to French press reports.
EUROPE - Family offices back private equity
A new study by the European Venture Capital and Private Equity Association (EVCA) and the IMD Business School of Lausanne shows that family offices have become an integral part of the European private equity investor community and that a trend of increasing...
FRANCE - Crédit Agricole invests over EUR 7m in Emalec
Crédit Agricole Private Equity has invested in excess of EUR 7m in the owner buyout of maintenance company Emalec along with the founding owners, taking a minority stake in the company.
FRANCE - Perfectis announces portfolio acquisition
Perfectis Private Equity portfolio company Philippe Manutention has completed the bolt on acquisition of Hyster Nacco Material Handling Distribution (NMHD), creating the first independant forklift retail and rental group in France.
FRANCE - PAI, TPG, Carlyle and Providence circle Numericable
PAI partners, Texas Pacific, Carlyle and Providence are reported to have been selected in a second round of negotiations for the acquisition of half of Cinven's 70% stake in cable group Numericable.
FRANCE - MBO Partenaires backs MBO of Santé Port-Royal
MBO Partenaires has completed the buyout of natural health magazines publisher Santé Port-Royal.
FRANCE - XAnge invests EUR 2m in online music label
XAnge Private Equity has injected EUR 2m in the first round of funding for Believe, a recently-created digital distribution music label.
FRANCE - Fondinvest hires two investment directors
Fund-of-funds and secondaries specialist Fondinvest has appointed Thomas de Cagny and Declan Feeney as investment directors.
FRANCE/GERMANY – Deutsche Telekom to announce media broadcast unit sale
According to press reports, Deutsche Telekom will sell its German media broadcast business to TDF, which is backed by Texas Pacific and AXA Private Equity. The transaction is estimated to be worth between EUR 700m and EUR 900m. Australian Macquarie Infrastructure...
FRANCE - Bridgepoint reaches squeeze-out for Alain Afflelou
A year and a half after acquiring 61% of shares, Bridgepoint has finally reached the 95% threshold needed to delist opticians chain Alain Afflelou from the French stock exchange.