France
Single-asset funds afford slow and steady pace
When a fund approaches the end of its lifespan, transferring the last remaining investment into a new vehicle is proving increasingly popular
Gimv buys Groupe Claire in SBO
Belgium-based GP buys the France-based manufacturer of programmable valves from Industries & Finances
SGCP et al. back Milexia
SocGen Capital Partenaires, BPI France, Isatis Capital all acquire minority stakes
Abénex eyes TCR Capital acquisition – report
TCR is currently managing two funds, France Transmission I and TCR Capital Partners III
Argos hires two for Paris office
Marc-Olivier Crisan joins as investment director, and Mario Giannattasio as its new chargé d'affaires
French travel sector deals take off
Investments have rebounded in 2018, with the perception of geopolitical threats subsiding and shifts in consumer habits presenting opportunities
Bain Capital's Autodis Group to acquire Oscaro
Bain, which has backed Autodis since 2015, was planning to list the business in H1 this year
GP Profile: Tikehau Capital
Unquote speaks to UK head Cirenza about the asset manager's evolution and experience investing across the capital structure
VC-backed BlaBlaCar raises €101m, acquires Ouibus
France-based carpooling platform BlaBlaCar raises €101m from SNCF and previous VC backers
Mantra closes two funds
Firm holds a final close for its secondaries-focused fund and a first close for its primary fund-of-funds
Andera, BPI France back Orest Group
Andera buys a stake in Orest Group, investing via its small-cap vehicle Capestan Capital 2
ETF Partners et al. back Phenix
GPs invest €15m in France-based Phenix, a company that helps businesses reduce waste
Capitem Partenaires backs Shift in MBO
Capitem buys a minority stake in the Lyon-based digital project management consultancy
Meeschaert buys My Mobility
Buyout sees 2BR Mobilité, a transport service for disabled children, rebrand to My Mobility
BNPP CP hires Laurent
Head of sales Laurent will focus on BNPP CP's European Special Opportunities Debt Fund
Korelya Capital et al. invest $80m in Bitfury Group
Round will support blockchain hardware and software provider Bitfury in product development
Parquest sells Polyexpert back to management
GP sells its minority stake in Polyexpert after investing via Parquest Capital I in 2014
Siparex hires Delâge
In her new role, Delâge will orchestrate investments in French and Canadian companies
BPI France backs Groupe Environnement Recycling
Transaction is the first investment of FIEE fund, launched in 2017 with a €100m target
Ardian buys Trustteam in SBO
Ardian entered exclusive negotiations with Naxicap to purchase the IT outsourcing service in August
European VC fundraising continues strong showing
VC fundraising totals over 2016-2017 marked a healthy increase of nearly 50% on the amounts raised in the previous two-year period
Siparex sells Flip to trade
GP sells manufacturer of custom roller shutters Flip to ICG-backed Stella Group
Luxury fashion à la mode for private equity buyers
Sky-high valuation of Versace at тЌ1.83bn equates to 41x the company's 2017 EBITDA of тЌ44.6m
NCI, BPI France support Welcome Media BIMBO
Transaction sees new managers Frederic Boucher and Antoine Emeury become shareholders