France
Consortium invests €22m in InterCloud
Fresh capital will help the provider of cloud access services expand in western Europe
Apax Partners, UI Gestion et al. back Routin SBO
Previous backer Crédit Mutuel Equity reinvests in the French syrup and liquor producer
Latour collects €800m for third fund
Vehicle is expected to hold a final close in March 2020, Unquote understands
BlackFin closes third buyout fund on €985m
Fund's predecessor, BlackFin Financial Services Fund II, closed on €400m in 2016
Private wealth to increase allocation to private equity
High-net-worth individuals and family offices are hunting for yield, concerned about low interest rates and market volatility
ACG Management et al. back ADN Protection MBI
Soprome and BTC Capital also back the takeover of the security services company
Carlyle's Saverglass carves out MD Verre from Vidrala
Saverglass intends to invest €50m over the next three years to convert MD Verre's production
Ardian takes minority stake in S&H
Equity contribution from Ardian and a senior debt package amount to a total of €14m
Amundi PEF launches second Megatendances programme
New programme is structured into several vehicles to attract both retail and institutional investors
VC-backed ImCheck Therapeutics raises $53m series-B
Round is co-led by BPI France and Pfizer Ventures, the venture capital arm of pharmaceutical giant Pfizer
French buyout fundraising soars in 2019
Mid-market and large-cap fundraising pipeline for 2020 also looks promising, but the market remains bifurcated
EQT-backed Saur buys Riventa
Company intends to expand its range of services in the water pump technology segment
Apax France sells Sylpa to ActoMezz-backed management
Sale ends a four-year holding period for Apax France, which owned a stake in Sylpa via Apax Development
European biotech flourishes as US and Asian capital pours in
Attracted by a buoyant industry with a rich pipeline, numerous US and Asian players have entered the market
HLD-backed Kiloutou buys Werner Middeke
Company intends to boost its international expansion and strengthen its presence in the German market
Alpha appoints Desplanches as managing director in France
In his new role, Desplanches will report directly to Alpha Associés Conseil president Patrick Herman
Idinvest exits Bimedia to trade in €50m deal
Deal ends a four-year holding period for Idinvest Partners, which backed the company alongside Omnes
CIC Private Debt closes CIC Debt Fund 3 on €530m
CIC is also fundraising for CIC Mezzanine & Unitranche 5, which launched in September and held a first closing on €150m
ArchiMed appoints three new partners
Berthoux and Desmottes join as operating partners, while Philips becomes a strategic partner
Fonds Industries et Technologies II to hold final close in H1
Fund, which backs B2B industrial companies, has a €100m target and a €120m hard-cap
Investindustrial closes seventh buyout fund on €3.75bn
Fund targets European companies operating in the consumer, industrial and healthcare services sectors
Meeschaert CP backs ID Systemes SBO
GP launched a small-cap strategy in Q3 to back companies of the size of ID Systemes
GHO Capital closes second healthcare fund on €975m
Fund targets companies operating in the healthcare industry, primarily pharma, medtech and outsourced services
Xerys Funds invests €30m in Biolog-id
France-based sensitive health products business received €50m from Xerys to date