France
FRANCE - EdRIP and Initiative & Finance back MBI of medical supplier
Edmond de Rothschild Investment Partners (EdRIP) and Initiative & Finance (I&F) have backed the management buy-in of Laboratoires Filorga. EdRIP provided 60% of the equity, while I&F contributed 40%. The two sponsors took a majority stake, whilst the...
FRANCE - Photonic decontamination business receives EUR 1.2m
Emertec Energie Environnement, Expansinvest, Banque Populaire Création and SCR Provence et Corse have invested a total of EUR 1.2m in the first round of institutional funding in Claranor. Following the deal, the management retains a slight majority stake.
FRANCE - Weinberg Capital Partners invests in Alliance Industrie
Weinberg Capital Partners (WCP) has invested in Alliance Industrie, a distributor of spare parts and provider of services for the automobile and trucking industries in France and the UK.
FRANCE - Industri Kapital settles in France
European private equity firm Industri Kapital has announced it will open an office in Paris.
FRANCE - EPF Partners backs Audisoft Consultants
EPF Partners has taken a 43% stake in Audisoft Consultants, a financial advisory firm which focuses on legal and social risk, IT project management, and process optimisation.
FRANCE - Open-Plug raises $15m from Baytech-led syndicate
Open-Plug has raised a $15m second round of institutional funding from a syndicate of investors led by Munich-based BayTech Venture Capital. Other investors included SGAM AI Private Equity and first round sponsors Auriga, I-Source Gestion, Siparex Ventures...
FRANCE/GERMANY- Astorg sells CIS to Ista International GmbH
CVC Capital Partners' portfolio company Ista International GmbH has acquired 100% of CIS from French GP Astorg Partners and the company's management.
FRANCE - Neocase raises EUR 5.2m from Iris-led syndicate
Customer service software developer Neocase has raised a further EUR 5.2m in its third round of funding. The investment was provided by Iris Capital, Caisse des Depots et Consignations (CDC), and US IT services company Supporter Group.
FRANCE - CAPE nominates Lecointe as General Secretary
Credit Agricole Private Equity (CAPE) has announced the nomination of François Lecointe as General Secretary.
FRANCE - CIC LBO Partners backs secondary buyout of Snacks International
CIC LBO Partners, Crédit Mutuel's EUR 135m LBO fund, has backed the secondary buyout of Snacks International, alongside IPO, Unigrains and the company's management.
FRANCE - 3i sells Keolis to SNCF
According to press reports, 3i has sold its 52.5% stake in Keolis back to its previous owner, state-owned rail group SNCF.
FRANCE - Apax makes almost 4x on sale of Séché Environnement shares
Apax Partners France has generated a money multiple of almost 4x on the sale of its 8.5% shareholding in Séché Environnement, a recycling and waste treatment company listed on Euronext's compartment B. The buyer is Caisse des Depôts.
FRANCE - Aon Accuracy hires Bruno Husson
Financial advisor Aon Accuracy has announced the appointment of Bruno Husson as an associate. His role will entail developing all aspects of financial evaluations.
FRANCE - Possible EUR 2bn sale of FNAC
According to reports in the French press, PPR is considering selling FNAC, a nationwide books and media retailer.
FRANCE - UFG joins syndicate of investors in Nemoptic
UFG Private Equity (formerly Nord Europe Private Equity) has committed EUR 2m in liquid crystal screen developer Nemoptic. The private equity firm joins the syndicate of investors which had invested EUR 9m in May 2006, bringing the new total to EUR 11m.
FRANCE - Ciclad takes 84% of construction equipment business
Ciclad has taken an 84% stake in Hussor, a manufacturer of concrete moulds for the construction industry.
FRANCE - ERCP completes two refinancing
Edmond de Rothschild Capital Partners (ERCP) has announced that it has completed a EUR 24m leveraged recapitalisation of luxury childrenwear brand Bonpoint and an EUR 86m refinancing of Via Location.
FRANCE - CICLAD takes minority stake in internet tourism portal
CICLAD has taken a minority participation in Come To Paris, an online provider of tailored services to the tourism industry.
FRANCE - Avenir Tourisme and BNP Paribas Développement invest in hotels
Avenir Tourisme and BNP Paribas Développement have each taken a 10% stake in Chez France Hotels and Résidences, with a total equity investment of EUR 800,000. The sponsors also committed some convertible bonds as part of the transaction.
FRANCE - AXA Private Equity appoints Asian head to its executive board
Christophe Florin, managing director for Asia at AXA Private Equity (AXA PE), has been made a member of the executive board.
FRANCE - Charterhouse and Chequers reach threshold for Elior de-listing
Holding Bercy Investissement (HBI), a holding controlled by Charterhouse and Chequers, has acquired a block of 1,500,000 shares giving it 95.49% of the share capital in Elior.
FRANCE - AXA back the buyout of Champeau for the second time
AXA Private Equity has invested about EUR 10m, via its Small Caps Fund, in Champeau, the leading French manufacturer of wood roof truss systems. This is the second time the buyout house invests in this business.
FRANCE - Astorg completes secondary buyout of Staci
Astorg Partners has taken a 51% stake of marketing and stock logistics company Staci. Initiative & Finance, which had taken part in the de-listing of the business in 2004, has re-invested on this occasion.
FRANCE/ITALY - AXA Private Equity backs purchase of Guaber Household
AXA Private Equity has recently backed the purchase of a 100% stake in Guaber Household. Spotless Group, the holding of French business Eau Ecarlate and owned by its management and AXA, wholly acquired the Italian household cleaning products arm of Guaber...