France
FRANCE - Pechel, CIC Finance and LCL back pret-a-porter merger
Pechel Industries, CIC Finance and LCL Régions Développement have backed the management buyout of a newly-merged pret-a-porter group.
FRANCE - 21 Centrale Partners to build healthcare group on the French riviera
21 Centrale Partners has acquired Marseille-headquartered health clinic Chantecler, as the first step of its project to consolidate top-end healthcare providers on the Cote d'Azur.
FRANCE - Galileo invests further EUR 4m in MeilleurMobile
Galileo Partners has invested an additional EUR 4m in its portfolio company MeilleurMobile.com, an online mobile phone retailer.
EUROPE - WINNERS ANNOUNCED for Nordic unquote” Private Equity Awards
Nordic unquote” is delighted to announce the winners of its second awards for Nordic Private Equity, held last night at the Grand Hotel, Stockholm. The event immediately followed on from a day-long Congress dedicated to discussing developments in the...
FRANCE - Argos Soditic backs BIMBO of Marie-Laure PLV
As part of a buy-in management buyout, Argos Soditic has acquired 53% of Marie-Laure PLV, a producer of promotional and maketing materials for retailers.
FRANCE - ACE Management invests extra EUR 2m in data storage specialist
ACE Management has injected EUR 2m as a sole investor in the second round of funding for Hi-Stor.
FRANCE - MBO Partenaires promotes team-members and hires two
French small-cap buyout house MBO Partenaires has appointed Cécile Nguyen, Laurent Tesson and Florian de Gouvion Saint Cyr as partners, and Julien Wormser as Director, while Edouard Malandrin and Géraldine Coulange also join the team.
FRANCE - Linux data storage specialist receives additional EUR 4.2m
In its second round of funding, Toulouse-born Seanodes has received financial backing from its existing investors Elaia Partners and IRDI, as well as 123Venture and Galia Gestion.
FRANCE - Cinven looks to cash in French cable
Cinven is said to have mandated Morgan Stanley and Rothschild to sell half of its stake in French cable monopoly Numericable, in a deal which could raise EUR 2bn for the buyout house.
FRANCE - US private equity firm wins exclusivity for Safran's communications unit
The French defence and electronics group has granted The Gores Group a period of exclusisivity for the acquisition of Sagem Communications, following the receipt of a firm EUR 383m offer.
UK/EUROPE - Bank of Scotland merges UK and European leverage finance teams
Bank of Scotland Corporate has merged its UK structured finance and acquisition finance teams with its European leveraged finance business to create a single leveraged finance business that will operate on a pan-European basis.
FRANCE - Iris Capital makes 3.3x from sale of FastBooking to 3i and EdRIP
Iris Capital has made more than 3x its money following its exit from hotel bookings website FastBooking, in a deal valuing the business at EUR 45m.
FRANCE - OFI Private Equity Capital creates Transatlantic industrial sealing business
After backing the secondary buyout of Houston-headquartered Flexitallic from US private equity firm Cravey Green and Whalen, OFI Pivate Equity Capital (OFI PEC), intends to merge the entity with its French protfolio company Siem Supramite.
EUROPE - NEXT WEEK: Nordic unquote” Congress & Awards
Join unquote” next Tuesday evening in Stockholm for the second annual Nordic Private Equity Awards. The event brings together industry luminaries to celebrate innovation and accomplishment in the Nordic private equity market. Places are still available...
EUROPE - NEXT WEEK Nordic unquote” Congress & Awards
Join unquote” next Tuesday evening in Stockholm for the second annual Nordic Private Equity Awards. The event brings together industry luminaries to celebrate innovation and accomplishment in the Nordic private equity market. Places are still available...
FRANCE - Initiative & Finance acquires 35% of Challenger
Initiative & Finance has backed the management buyout of Challenger, a company specialising in mentally stimulating toys for young children.
FRANCE - Access Capital Partners hires investment director
European fund-of-funds Access Capital Partners (ACP) has hired Frédéric Evain from Altium Capital Gestion as an investment director.
FRANCE - IPO completes three deals
Nantes-based listed investment vehicle IPO has completed two buyouts and one expansion deal.