France
FRANCE - Vulcanic changes hands
AXA Private Equity has sold its interest in Vulcanic Group, a European electrothermics and instrument transformer manufacturer, to 21 Centrale Partners and the company's management for EUR 82.5m
FRANCE - AGF Private Equity recruits VoIP specialist
Matthieu Baret joins AGF Private Equity's venture team, where he will specialise in telecoms, IT and electronics investments.
FRANCE - Pechel to invest in Rasec
Pechel is set to invest in Rasec through its fund Pechel Industrie. Previous investors 3i and ABN Amro Capital will not be renewing their commitment on this round of financing.
FRANCE - NEPE becomes UFG Private Equity
Crédit Mutuel Nord Europe is bringing its subsidiaries together to form Groupe UFG.
FRANCE - ABN Amro Capital backs tertiary LBO of Outinord
ABN Amro Capital has acquired a majority stake in steel formworks solutions provider Outinord from Siparex and Spef Venture, for an undisclosed sum.
FRANCE - New law office: cabinet Bremond
Guilhem Bremond, former head of the turnaround division of cabinet Veil Jourde, has announced the creation of cabinet Bremond.
FRANCE - Ipnotic Telecom raises EUR 9.6m
A syndicate of investors including Turenne Capital, CM-CIC Capital Privé, CDC Entreprises Innovation and A Plus Finance have injected EUR 9.6m in a first round of financing for Ipnotic Telecom
FRANCE - Viaduc receives EUR 5m from French investors
Viaduc, the French leading online professional contacts exchange, has gathered EUR 5m from AGF Private Equity and Ventech.
FRANCE - Weinberg Capital Partners makes its first investment
Weinberg Capital Partners (WCP) has announced an agreement to acquire 70% of Pharmaceutical company Pharma Omnium International.
FRANCE - AXA Private Equity set to secure first French take-private of 2006
AXA private Equity has announced an agreement to purchase MAAF Assurances SA's 85.45% share of TLD Group. The French buyout house will also acquire an extra 9.58% from minority shareholders who have irrevocable agreed to tender their shares in AXA's simplified...
FRANCE - Edmond de Rothschild Investment Partners backs Alturia's owner buyout
Edmond de Rothschild Investment Partners and Socadif have taken minority stakes to back Henry Robet's buyout of Groupe Alturia.
FRANCE - Bridgepoint acquires French publisher from Sagard
Bridgepoint has taken a majority stake in Groupe Moniteur in a secondary LBO. French buyout house Sagard is exiting the investment it made in 2004.
FRANCE - French government will double contribution into Oséo by 2007
Groupe Oséo has announced that state contributions will increase from EUR 200m in 2005 to EUR 400m in 2007.
FRANCE - Dii opens its capital to BNP Paribas Développement
BNP Paribas has bought a 25% share of Development Institute International (Dii) for an undisclosed sum, diluting management’s total hold of the company’s capital.
FRANCE - 21 Centrale Partners buys industrial lighting specialist
French financial investor 21 Centrale Partners has backed the leveraged buyout of Auteroche-ABL, for an undisclosed amount.
FRANCE - Bruno Ziegler acquires FMA with two French GP's back-up
Swiss businessman Bruno Ziegler has backed the MBI of IT maintenance company FMA, alongside regional private equity houses Centre Capital Developpement (CCD) and Euro Capital.
FRANCE - French pharmaceutical company raises fourth round of financing
Limonest-based OPi has raised EUR 4.5m from its fourth round of financing. The syndicate of investors includes Innoveris (15%), Spef Ventures (14%), FCJE (13%), Sofimac (11%), Siparex (7%), BioMérieux (4%), Sud Partners (5%), Rhone-Alpes Création (2%)...
FRANCE - Prado Finance makes two acquisitions in aeronautics
Belgian private equity house Prado Finance has acquired medium-range airline Axis Airways and private jet maintenance company Uni Air Entreprise.
FRANCE - Galileo Partners injects EUR 2m in Talend
According to press sources, French privatre equity house Galileo Partners has invested EUR 2m in software developer Talend.
FRANCE - Investcorp acquires office supplies giant Orefi
Investcorp has backed the buyout of Orefi, for an undisclosed sum.
FRANCE - OTC AM injects EUR 2m in RVR Systems
RVR Systems has secured a EUR 2m first round of financing from OTC AM.
FRANCE - Franco-American placement agent wants to float on Euronext
Triago-X, the leading European placement agent which specialises in secondary transactions, has announced its intention to float on Euronext Paris.
FRANCE - JP Morgan leads massive EUR 25m expansion in Tagsys
JP Morgan Asset Management, Endeavour and Cazenove have invested EUR 27.5m in a second round of financing for Tagsys, following its MBO from Gemplus in 2001.
FRANCE - CVC Capital Partners makes two senior appointments
CVC Capital Partners has bolstered its Paris office with two senior recruits.