France
CVC to partially exit Elsan to trade
CVC's hospital operator Elsan to sell division Clinique Toulouse-Lautrec, say press reports
PE–backed Synthesio sold to trade in €50m deal
Social media monitoring and engagement company Synthesio joins market research giant Ipsos
FnB Private Equity buys Henri Raffin
Food- and beverage-focused French GP buys majority stake in meat delicacy producer
Astorg buys Aries Alliance in SBO
Phoenix, CM-CIC Investissement, BNP Paribas Développement and Ace Management exit the business
Initiative & Finance sells Fil Rouge to Altavia
Marketing business Altavia is minority-backed by Andera Partners (formerly Edmond de Rothschild Investment Partners)
Gimv to acquire La Comtoise in SBO
Céréa Partenaire and Unigrains-backed La Comtoise is currently doubling production
ArchiMed holds first close for MED Platform I
Healthcare-focused mid-cap buy-and-build fund raises less than two thirds of its €800m target
Omnes to launch fourth Capenergie fund in Q3 2019
Energy-transition-focused Capenergie IV has a €500m target, double the size of its predecessor
Idinvest backs MP Hygiene
Idinvest will help disposable hygiene products business generate a €100m turnover by 2020
Isatis backs Nova Consulting
Isatis acquires a minority stake to support further acquisitions and expand abroad
Céréa, Unexo buy Linxis Group cheese and dairy division
GPs carve out the division from France-based equipment supplier Linxis Group, owned by IK
I&F makes governance changes
Sophie Pourquéry and Edouard Thomazeau take the helm of the French GP founded in 1998
Amundi PE, A Plus Finance invest €12m in Crosscall
GPs join BPI France and ACG in backing heavy duty, waterproof smartphones company
Tikehau acquires Ace Management
Ace Management is specialised in the aerospace, defence and cybersecurity sectors
Unigrains invests in Roger Descours
Agrifood-focused investor Unigrains buys a stake in frozen-fruits producer Roger Descours
Equistone carves out Courir
Equistone to buy Courir, a French footwear retailer, for an equity value of €283m
Idinvest et al. inject €20m into Cooptalis
Following a €1.5m round in 2015, the France-based recruitment agency now generates €250m in turnover
Newton BioCapital in €15.3m series-B for Acticor
Biotech startup could receive additional financing of €5m to support clinical developments
ICG to sell Stella Group
ICG appoints Lazard to conduct auction for France-based Stella Group, say reports
HIG-backed SLPA bolts on Eco-dex
Company will continue to operate under its brand and to be managed by its current CEO Loïc Bessin
Quadrille holds €200m first close for new tech fund
Fund is larger than its predecessor, Quadrille Technologies III, launched with a €100m target
Ardian buys Opteven
Capzanine reinvests in the business alongside the management and retains a minority stake
Apax France hires Vigier
French mid-market specialist GP Apax hires associate Arnauld Vigier to strengthen its TMT team
GP Profile: PAI Partners
Partner Yvan Massonnat speaks to Unquote about the firm's strategy and GP consolidation in the French market