France
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. “The GPs left in this space are the cream that has risen to the top,” says Charles Irving at Pond Ventures. “It...
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. “The GPs left in this space are the cream that has risen to the top,” says Charles Irving at Pond Ventures. “It...
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 ’s biggest private equity chiefs to attend a meeting on 20 June, which as been called a sort of ‘public hearing’ in a report in today’s Financial Times. The industry...
FRANCE - Argos Soditic pilots the BIMBO of ejection device manufacturer
Argos Soditic has acquired Alkan from MBDA France.
EUROPE - Bear Stearns joins iPEIT club
The Initiative for Private Equity Investment Trusts ( iPEIT ) now names Bear Stearns Private Equity Limited as one of its members, bringing the total number of PEITs under the umbrella organisation to 11. Bear Stearns is a listed fund of funds that...
FRANCE - MBO Partenaires sells Gamfi to Leica Geosystems
MBO Partenaires has realised its interests in construction lasers manufacturer Gamfi, sold to a subsidiary of Stockholm-listed Hexagon.
EUROPE - WINNERS ANNOUNCED for unquote” Central & Eastern European Awards
Unquote” is delighted to announce the winners of the first ever awards for Central & Eastern European Private Equity, held last night at One Whitehall Place, London. The inaugural event, held in association with EBRD and sponsored by Clifford Chance,...
FRANCE - PAI wins exclusivity for 50.01% of Kaufman et Broad
PAI partners has been granted a period of exclusivity for the acquisition of a controlling stake in Euronext-listed house builder Kaufman et Broad.
FRANCE - Acto makes 50% IRR and 4x its money on Odalys sale
Acto (formerly known as Finama Private Equity) has sold its stake in tourism residences business Odalys.
FRANCE - Elaia Partners invests EUR 1.5m in Orchestra Networks
IT-oriented venture investor Elaia Partners has made a EUR 1.5m investment in Paris-based Orchestra Networks, a provider of master data management (MDM) solutions.
EUROPE - Carlyle in Euronext placing
The Carlyle Group is to place shares of its Guernsey-based affiliate Carlyle Capital Corporation on Euronext Amsterdam later this year, the buyout house said in a statement.
EUROPE - Male gender prevails in venture-backed companies
Around 95% of the CEOs in venture-backed companies across Europe are men, according to a study carried out by Library House. However, the data shows that companies run by women appear to perform ahead of their male peers. Out of 600 venture-backed companies...
WORLD - KKR cashes in with 44% of global deal volume
KKR has eclipsed its rivals so far this year, claiming a 44.1% share of global deal volume, over double its 20% share since the beginning of 2004. The value of these deals was more than it recorded in 2005 and 2006 combined. This includes the £10.1bn...
FRANCE - Alliance Entreprendre and Avenir Entreprises invest in Lewinger
Small- to mid-cap investors Alliance Entreprendre and Avenir Entreprises have backed the owner buyout of Roanne-based pret-a-porter specialist Lewinger.
FRANCE - PAI makes EUR 1.2bn bid for Kaufman et Broad
PAI partners has made an offer for 49% of house builder Kaufman et Broad, according to French press reports. The EUR 53.13 per share bid values the business at around EUR 1.2bn.
FRANCE - Atos Origin snubs its suitors
Computer services business Atos Origin has decided to pursue its growth strategy on a stand-alone basis, ending speculation about a possible LBO.
FRANCE - Finadvance leads MBI of swimming pool maker
Finadvance has backed the management buy-in of Piscine Ambiance, acquiring 93% of the equity via its fund Finadvance Capital III.
FRANCE - Atos Origin will break the suspense on Monday
The shares of French computer servies giant Atos Origin have been suspended pending a press release to be published on Monday morning.
FRANCE - Sofimac Partners invests EUR 250,000 in Cottel
Sofimac Partners, a regional growth cpaital investor focusing on the Massif Central, Rhône-Alpes and Southern regions, has invested EUR 250,000 in the owner buyout of Cottel, a manufacturer of advertising objects.
FRANCE - XAnge Capital invests in Edipro
XAnge capital has invested around EUR 2m in the owner buyout of digital printing management system Edipro, in exchange for a 32% stake.
FRANCE - Private-equity backed TDF buys Antenna Hungaria
French broadcasting company TDF has acquired 100% of Hungary's former national broadcasting services provider Antenna Hungaria (AH).