France
Pemberton targets €2.5bn for second European debt fund
Vehicle's 2016-vintage €1.2bn predecessor is now understood to be fully deployed
Tikehau holds first close, launches fund
French GP's TGE II backs SMEs across western Europe with EBITDA in the €5-50m range
BDC to exit dental imaging company Acteon
Acteon was the second investment in France made by Bridgepoint Development Capital II
CapDecisif holds first close for CapDecisif 4
VC is aiming to exceed its €50m target but will not surpass the €70m assigned hard-cap
GP Profile: Lakestar
Unquote speaks to founder Hommels about the VC's future ambitions and the European venture landscape
BPI France sells CPI to trade
French book printing group CPI is bought by Netherlands-based Circle Media Group
Argos Wityu buys Juratoys in MBO
Juratoys was previously owned by US-headquartered Alex Brands, backed by Propel Equity
CVC sells Linxens to trade in $2.6bn deal
France-based smartcard parts maker Linxens is sold to Chinese conglomerate Unisplendour
BPI France, Latour buy Plastic Omnium Environment
Latour Capital is currently investing via its Latour Capital II vehicle that closed on €306m
Naxicap's SushiShop sold to trade for €240m
Poland-based restaurant group AmRest acquires the France-based Japanese restaurant in a €240m deal
Initiative & Finance invests in Proferm
GP buys a minority stake in French carpentry specialist Proferm, CEO Dejonghe retains majority
Rocket Internet launches second fund
Rocket Internet Capital Partners I held a final close on its $1bn hard-cap in January 2017
Ardian-backed Trigo acquires Lumbee Enterprises
Deal marks Trigo's first transaction in 2018 and is a move to expand its presence in the US
Ekkio buys Calicéo
GP invests alongside management, while founding family Ponteins sells stake in Caliceo
Ares closes fourth direct lending fund on €6.5bn
Final close comes within six months of launch, with the fund oversubscribed for its €4.5bn target
PAI Partners to acquire Asmodee in €1.2bn deal
investment in Asmodee generated 4x money multiple for Eurazeo and yielded 35% IRR
Capital Croissance exits BioBank
Following the deal, Capital Croissance will reinvest in the company by acquiring a minority holding
Momentum Invest holds €101m interim close for maiden fund
Momentum Invest I, targeting France-based and services-focused SMEs, exceeds €100m target
Andera holds €360m first close for Winch Capital 4
Andera's fourth generation SMEs fund is well positioned to hit its €400m hard-cap in Q3 2018
Reshaping the GP shareholding landscape
As the private equity market matures, shareholding structures of GPs are being reshaped, with a number of M&A transactions and minority stake sales
Insight closes 10th fund on $6.3bn
Total is 5% more than the fund's $6bn target and 32% more than the $4.75bn raised by its predecessor
Andera buys Skill & You in SBO
Skill & You investment is the first transaction from the mid-cap vehicle Winch Capital
The Carlyle Group buys LPG Systems
Europe and Asia-focused funds deployed to back France-based LPG, in view of Asian expansion
BNP Paribas, BPI France back BEG Ingénierie MBO
Six managers join the capital structure of French real estate construction company BEG