France
Etoile ID, Ace Management back Rafaut
Ace, which has backed Rafaut since 2015 via its Aerofund III fund, reinvests in the business
3i sells Etanco to management and ICG
GP reaps €102m from the sale of the manufacturer of building fasteners and fixing systems
Bridgepoint invests in Burger King France
Corporate Groupe Bertrand sells significant minority stake in France-based burger chain
Golding launches 2018 buyout strategy
Vehicle was registered in Luxembourg at the end of May as Golding Buyout 2018 SCS SICAV-FIAR
Tamburi's Roche-Bobois announces IPO price range
Offering amount is €21.76m, and could be increased to €25.02m with overallotment
BPI France backs Dreem in €31m funding round
Previous backers also participated in the round bringing the total raised by Dreem to €53m
Omnes-backed Batiweb bolts-on HelloArtisan
Batiweb is aiming to provide a full service to individuals working on renovation projects
Eurazeo buys ST Group in SBO
UI Gestion sells its stake in the sensitive areas security specialist, renamed Vitaprotech
Bregal launches €40m ESG-dedicated fund
Bregal Sustainable Development Fund will provide loans on favourable terms to portfolio companies
Alven, Otium back Feed in €15m round
Round of funding will help the health-focused startup to expand internationally
KKR's Webhelp bolts on Sellbytel
Backed by KKR since 2015, Webhelp buys outsourced sales provider Sellbytel Group
OpenGate sells NorPaper to trade
Lebanon-based Gemayel Freres & Chaoui Industriel buys the French paper specialist
Ace, CM-CIC sell Spring Technologies to trade
Sweden-based Hexagon, a specialist in Autonomous Connected Ecosystems (ACE) buys Spring
Cerberus buys WFS in €1.2bn SBO
Sale ends a three-year holding period for Platinum Equity, which bought the company from LBO France
Amundi PE et al. back EMP Rotomoulage MBI
Brothers Cyril and Samuel Delamaire sell their stakes in the French plastic parts manufacturer
MBO Partenaires buys BCF Life Sciences
GP takes over from Céréa Capital and Sodero Gestion, investing alongside management
PE-backed SGH Healthcaring buys Rovipharm and RR Plastiques
SGH Healthcaring's double-acquisition is supported by a Bluebay financing package
France Invest seeks to capitalise on Macron's reforms
Trade body's newly appointed chair discusses plans to capitalise on reforms and bolster the popularity of the PE ownership model
KKR et al. acquire stakes in Altice telecoms towers
KKR Infrastructure buys 49.99% of new company SFR TowerCo, with an EV of €3.6bn
Omnes et al. in series-B round for Tiller
GPs will provide a €12m equity ticket and can deploy up to €8m in the next 18 months
Q1 entry multiples drop to lowest level since Q1 2016
PE deal valuations drop for the third consecutive quarter, as the Nordic region continues to see the highest entry multiples
Irdi Soridec, Axeleo Capital back Adagio
First round of funding from VC firms sees the startup rebrand from Onfocus to Adagio
MBO Partenaires buys-back Groupe LT
GPs Arkéa Capital, Amundi Private Equity and CEO Eric Van Acker acquire minority stakes
Trocadero et al. back Escalotel
Consortium of investors acquire the family-owned AccorHotels franchise business