France
TVM Capital closes LSI II on $478m
Vehicle is TVM's largest ever fund and the second in its exclusively life-sciences-focused strategy
Ace buys Astorg's Aries Alliance, injects €20m in new money
Deal is the first for the aerospace-focused Ace Aero Partenaires fund, which reached a €630m first close
Digital doctors here to stay as telemedicine deals surge
Rise in demand for telemedicine т and promising returns for investors that have been targeting the space т looks set to continue
Amplify raises $375m across two funds
Amplify IV targets seed and series-A rounds, while Amplify Select makes follow-on investments in existing portfolio companies
European Direct Lending Perspectives Q2 2020
Debtwire and Creditflux examine the way direct lenders reacted to pandemic-related upheaval and how the industry looks set to bounce back
PAI Mid-Market holds €500m first close towards €700m target
Fund complements PAI's existing large-cap strategy with the aim of targeting mid-sized companies across Europe
Samaipata Ventures raises €100m second fund
Fund invests in European digital platforms and marketplaces, targeting pre-seed and seed rounds
True Ventures raises $840m in two final closes
True Core VII provides seed and early-stage capital, while True Select IV provides follow-on capital
Ardian buys minority stake in H2 Pharma
GP invests in the company via Ardian Growth II, which closed on €230m in April 2018
Siparex Intermezzo invests in Groupe MC3
Transaction also financed with a €10m senior debt from LCL, BNP Paribas, Bred Banque Populaire and CIC
Omnes, BPI France sell Somos to trade
Semiconductor company has been acquired by Switzerland-based ST Microelectronics
Levine Leichtman Capital Partners Europe II closes on €463m
Fund has already completed one investment and has two additional deals under contract
Partners in Equity leads €20m round for Campings.com
Company has previously raised €10m from Luxempart and Ekkio Capital
Sofinnova appoints Anderson as partner
Anderson has 25 years of experience in the healthcare and life sciences industries
Indigo Capital II holds €300m final close
Fund provides private bonds and preferred equity to European mid-market businesses
Silverlake buys Groupe Meilleurtaux from Goldman Sachs
UK-based GP reportedly paid €700m for its stake in the financial services company
Alantra buys stake in Indigo Capital
Following this partnership, Alantra expects to further consolidate its position in the French market and the rest of Europe
Pictet launches technology-focused fund-of-funds
Vehicle is the GP's first sector-focused fund-of-funds and will also make direct and co-investments
Bridgepoint et al. sell Béaba to BlueGem
Bridgepoint inherited its Béaba shareholding in 2014 following its acquisition of Edmond de Rothschild Capital Partners
Amundi PEF targets two more 2020 deals following Megatendances II close
Amundi PEF held a first close for its Megatendances II platform at the end of Q2
IK to acquire Kersia from Ardian
Deal is GP's first investment from IK IX, which held a final close on its €2.85bn hard-cap in May 2020
Investindustrial-backed Benvic completes €117.5m refinancing
Benvic has completed seven add-on acquisitions during Investindustrial's holding period
GP Profile: Silverfleet eyes fundraising progress, new acquisitions
Firm is currently raising for Silverfleet Capital Partners III, which was registered in July 2019
Latour acquires Santiane from BlackFin for €200m EV
Santiane was marketed based on €15m EBITDA, with vendors expecting an EBITDA multiple of more than 10x