France
FRANCE - Duke Street Capital France appoints new investment manager
Duke Street Capital (DSC) has announced the appointment of their new investment manager, Vincent Dupuy, who will be starting at DSC France in July.
FRANCE - OTC AM injects EUR 1.2 in Supertec
OTC Asset Management has completed a EUR 1.2m first round of financing in Supertec.
FRANCE - EUR 8.5m backing for dietary food maker
Creadev, the investment fund of the Mulliez family, has led a EUR 8.5m second round of financing in Ceprodi-Kot. The fund invested EUR 6.5m alongside previous investors H2i, OTC Asset Management (OTC AM) and MaceInvest.
FRANCE - Benjamin Moreau joins Activa Capital
Paris-based Activa Capital has announced the appointment of Benjamin Moreau as investment analyst.
FRANCE - FPG-LFPI buys Brittany biscuit maker
Lazard's private equity fund managers FPG-LFPI have acquired 100% of Traou Mad.
FRANCE - Chinese motorcycle importer gets EUR 400,000 backing
Sigma gestion, Champagne Ardenne Croissance (CAC) and Auxitex have injected EUR 400,000 in Sidam.
FRANCE - Crédit Agricole Private Equity takes 20% of Multitec
Crédit Agricole Private Equity (CAPE) has acquired a 20% equity stake in Montpellier-based Mutlitec.
FRANCE - Mayer Brown Rowe & Maw recruitsGuillaume Kuperfils
Guillaume Kuperfils will be joining Mayer Brown Rowe & Maw as an associate, specialising in the area of mergers and acquisitions. He will be focusing on advising on expansion and buyout investment funds.
FRANCE - AXA Private Equity takes part in Eurotunnel refinancing
AXA Private Equity has announced its participation in the financial restructuring of France-UK rail link operator, Eurotunnel.
FRANCE - Michel Maupu to join 3i France
Michel Maupu is to join 3i France as senior advisor of the investment team, which is managed by Guy Zarzavatdjian
FRANCE - Fonds Partenaires sells Fahrenheit to EDF
French private equity firm Fonds Partenaires has realised its investement in gas-powered boilers maintenance company Fahrenheit.
FRANCE - Direct Energie receives additional funding
Crédit Agricole Private Equity (CAPE), CITA Gestion and NBGI Ventures have renewed their commitments in the third round financing of Direct Energie. As a result of the transaction, industrial Group Louis Dreyfus takes a two third equity stake, financial...
FRANCE - Bridgepoint suspends Médica IPO decision
Because of particularly unfavourable market conditions, Bridgepoint has abandonned its project to float Médica. The equity house will review its options over the coming weeks
FRANCE - Banexi Ventures makes investment into wi-fi rabbit maker
In its second deal this month, Banexi Ventures Partners has injected EUR 3m in Violet's first round of financing.
FRANCE - GPs exits Directinet with 6x returns
A syndicate of investors including Pyramid venture Capital, I-Source Gestion, zCorporate, Angel Invest, Afipa, MMA, Groupama, Casino Rally and Avenir Tourisme France has realised its investment in Directinet, with a money multiple in excess of 6x.
FRANCE - Acto acquires warehouse storage company
Acto has backed the LBO of Locabri, for an undisclosed sum.
FRANCE - Industri Kapital acquires French laboratories in tertiary buyout
Industri Kapital has acquired a majority stake of Group Cerba from Astorg Partners for about EUR 160m. To secure this buyout, the European private equity firm defeated APAX Partners, 3i and PPM Capital in a competitive auction. The deal should be completed...
FRANCE - Duke Street reinforces its French team
Didier Bismuth joins Duke Street Capital as a partner in its French office.
FRANCE - Crocus technology attracts EUR 13.5m on first round
Sofinnova ventures, Ventech, CDC Entreprises Innovation, AGF Private Equity, Sofinnova Partners and NanoDimension participated in the EUR13.5m round of financing.
FRANCE - Capzanine recruits Benoit Choppin
Capzanine has added 26-year-old Benoit Choppin to its team of eight investment experts.
EUROPE - EVCA stats show returns improved in 2005
The European private equity industry’s final performance figures for 2005 show steadily improving returns across all parts of the industry. The long-term returns have now increased to more than 10% due to the improved performance of short-term returns...
EUROPE - EVCA appoints new chairman
At the annual ordinary general assembly of the European Private Equity and Venture Capital Association (EVCA) last night, Javier Loizaga, CEO and Managing Partner of Mercapital, was officially elected as association chairman for the period June 2006 to...
EUROPE - EVCA reports 2005 a record year for private equity
EVCA has announced the final fundraising, investment and divestment figures for European private equity in 2005 at its annual Symposium in Monte-Carlo. The annual figures show records for all three stages of activity in the industry. After three years...
FRANCE - Varioptic receives extra EUR 1m from Dow Corporate Venture Capital
The American investor Dow Corporate Venture Capital has joined exisiting investors with a contribution of EUR 1m in the third round of financing for liquid lens developer Varioptic.