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France

Allocate 2019 panel discussion on long-term fund strategies
Long-term vision: pros and cons of long-lifespan funds

A panel of LPs, managers and advisers delved into the controversial issue at Unquote's recent Allocate conference

  • Fundraising
  • 09 July 2019
Sports equipment and clothing
Seventure launches Sport & Performance Capital fund

Vehicle will back around 15 companies, startups and SMEs operating in the sports industry

  • Funds
  • 04 July 2019
Housing construction
BPI France, Ixo Private Equity buy MAT

GPs buy majority in MAT, a residential construction company operating in southern France

  • Buyouts
  • 04 July 2019
Lipsticks and other cosmetics
MBO Partenaires sells Alkos to trade

GP exits cosmetics manufacturer Alkos to Canadian peer Knowlton, backed by Cornell Capital

  • Exits
  • 04 July 2019
Hospitals and healthcare
Arkéa backs Sagesse Retraite Santé

GP Arkéa and insurance company Macif inject €75m into healthcare-focused holding SRS

  • Expansion
  • 03 July 2019
Simon Pearson of Baird
Baird hires two TMT bankers from EY

Hires are the latest step in Baird's expansion of its global technology and services practice

  • People
  • 03 July 2019
New hires
Partech hires Kennet's Vider

Partech is bulking up its growth team in preparation for the launch of Partech Growth II

  • People
  • 02 July 2019
People moves and promotions
KKR hires Nommé as head of France

Nommé will work across all investment platforms, including infrastructure, real estate and credit

  • People
  • 28 June 2019
Concrete materials for construction projects
Equistone to back SBO of Sateco from Naxicap

Naxicap Partners backed Sateco, a France-based metal formwork manufacturer, in 2016

  • Buyouts
  • 28 June 2019
Driving lessons and instructors
Idinvest, BPI France back Ornikar €35m series-B round

Former investor Idinvest and newcomer BPI France back Ornikar, an online driving school

  • Expansion
  • 28 June 2019
Dishwashers and cleaning tablets
LBO France buys majority in Eurotab

GP’s small cap team backs France-based compacted powder tablets specialist, Eurotab

  • Buyouts
  • 27 June 2019
Dental imaging and xray machines
Dentressangle partially exits Acteon

Investment company FFP buys a minority stake in the medical equipment company for €15m

  • Exits
  • 26 June 2019
Business consultants and strategy advisers
Apax and Altamir to sell stakes in Altran to trade

GPs will sell their entire interest in the share capital of Altran for €14 per share

  • Exits
  • 25 June 2019
Peer-to-peer lending
CVC Credit holds $1.42bn final close for GSS II

Special situations fund had a target of $1bn and was closed after eight months on the road

  • Funds
  • 25 June 2019
Fund management diversification
French GPs opt for organic diversification

Recent fund closes show that organic diversification is still a valid option for some GPs and VCs willing to step out of their comfort zones

  • GPs
  • 25 June 2019
Fundraising in US dollars
Hamilton Lane announces final close for co-investment fund

Vehicle was registered as a Delaware LP in October 2017 and held a first close on $755m

  • Fund-of-funds
  • 25 June 2019
Keyhole surgery tools
Seventure et al. sell Endocontrol to trade

Current CEO will remain at the helm of the France-based surgical robotics business

  • Exits
  • 24 June 2019
Technical engineers and consultants
Equistone buys engineering consultancy specialist Vulcain

GP invests via its Equistone Partners Europe Fund VI, which closed on €2.8bn in 2018

  • Buyouts
  • 24 June 2019
Alexis Dupont of France Invest
France Invest appoints Dupont as managing director

New recruit leaves his role as France's attaché in charge of financial services at the EU

  • People
  • 24 June 2019
Analytics platform
Guidepost invests in ActiveViam

Guidepost Growth Equity invests between $15-75m for stakes in revenue-generating companies

  • Expansion
  • 21 June 2019
Jewellery and necklaces
Vendis backs L'Atelier d'Amaya

Belgian GP previously invested in France, backing Helixir in 2007 and Mazarine in 2013

  • Buyouts
  • 20 June 2019
Business presentations and strategy consultants
Parquest invests in Adit SBO – reports

Adit is valued between €130-140m, according to the French publication Capital Finance

  • Buyouts
  • 20 June 2019
Residential housing estates and property managers
Statkraft et al. in €8m round for Deepki

Existing investors Demeter and Hi Inov, and impact investor Citizen Capital also participated

  • Expansion
  • 20 June 2019
Stock markets are experiencing a small revival among private equity investors as a vendor
Tikehau Capital launches €800-875m capital increase

Market cap of French asset management Tikehau Capital stands at €2.183bn as of 17 June

  • France
  • 19 June 2019
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