France
Argos-backed Maison Berger bolts on Groupe Devineau
This is the second bolt-on inked by the company this year, following its acquisition of Bescent
Essling invests in mobility specialist Ubitransport
GP deploys capital from its Essling Expansion fund, which held a €100m first close in February 2019
Carlyle invests in Euro Techno Com Group
ETC Group is the first deal for the €1.35bn Carlyle Europe Technology Partners IV fund
Andera buys 99 Group in SBO
Développement & Partenariat Finance sells the French consultancy services group that it acquired in 2016
Argos Wityu sells Salvia Group to trade
GP sells the France-based real estate services provider to Total Specific Solutions
Eurazeo, ADM in €60m round for M2I
Idinvest first invested in the pheromones and complex molecules producer in 2017
IDG Capital et al. back $67m series-C for Hifibio
Latest round follows $38m series-B led by Sequoia China and Lyfe Capital in Q2 2018
Abénex, Cathay Capital to sell Surys to trade
GPs sell anti-counterfeiting technology company Surys, which they delisted in 2013
H1 Review: GPs seek sourcing alternatives in busy French market
While French PE performed well, GPs lost out to corporate buyers on more deals than usual
Naxicap exits Acolad in management buy-back
Management buys back a majority stake in France-based Acolad, investing alongside Qualium
Azulis Capital carves out Cegid Public
Division dedicated to the public sector generates the majority of Cegid's turnover
Axeleo leads €1.2m seed round for DataHawk
Company plans to use the funding to boost its growth, targeting 1,000 paying subscribers by 2020
Siparex et al. acquire Sintex NP for €155m
Deal for the plastics firm forms part of the trade vendor's plans to focus on its domestic market
Q2 Barometer: small-cap boom offsets mid-market lull
Europe records 533 buyout, expansion and early-stage investments over Q2, a nine-quarter low
Nordic region sees highest entry multiples for sixth quarter running
Q2 edition of the Clearwater International Multiples Heatmap finds a slight cooldown across Europe, though the average multiple still exceeds 10x
GPs sell MeilleursAgents to trade in €200m deal
Axel Springer's Aviv buys France-based MeilleursAgents, an online real estate service
ESG due diligence gains ground in France
Number of ESG due diligence processes conducted ahead of deals quadrupled in 2018, France invest says
Tikehau, BPI France back Groupe Rougnon SBO
Tikehau invests in the French environmental engineering firm via its T2 Energy Transition Fund
LSP et al. in €67m series-A for Alizé Pharma 3
LSP leads the round for the biotech business, investing alongside previous and new backers
Gimv exits Legallais in management buy-back
Members of the founding family, management and employees will wholly own Legallais
France gearing up for a carve-out comeback
EY's recently published Corporate Divestment report makes encouraging reading for French GPs looking for corporate carve-out opportunities
Omnes collects commitments across funds
Omnes Mezzanis 3, dedicated to French small and mid-market businesses, closes on €100m
EMZ acquires stake in Arturia
EMZ draws equity from EMZ 9 fund, which launched in January 2019 with a target of €900m
Ardian sells Ionisos
Latest transaction is France-based Ionisos's fifth buyout transaction since Acto bought it in 2004