France
Q1 Barometer: Mega-deals propel value to post-crisis record
Deal volume reached the second highest quarterly level in two and a half years, while aggregate value climbed to €54bn
Cathay Capital, BPI France buy NeoXam in SBO
GPs buy the French financial software company from BlackFin Capital Partners
Sino-French PE relations move forward
Chinese trade buyers, GPs and LPs are increasingly active in the French market as the number of funds with Sino-French strategies increases
IK to buy Mademoiselle Desserts in SBO
GP in exclusive talks to acquire the frozen pastries company from its historical backers
Azulis Capital backs Meotec in OBO
GP acquires 22% of French consultancy Meotec, while management retains the remainder
Accel leads $3.3m seed round for Station
Webb Investment Network and Kima Ventures also take part in the funding round for Station
Omnes Capital in €3.5m funding round for Tilkee
Evolem Start, Crédit Agricole Création, Axeleo Capital and Kreaxi also take part
Ardian sells Serma Group back to Chequers
Chequers previously owned the French electronic technology company, having previously owned a stake in it between 2011-2015
Astorg to sell Metrologic to trade
French 3D measurement specialist Metrologic to be sold to Swedish Sandvik in €360m deal
Ardian enters exclusive negotiations to buy Capzanine's Opteven
GP pre-empts auction of French insurance company Opteven and takes over from Capzanine
Arkéa Capital backs Lumiplan in MBO
GP acquires a minority stake in the French communications service for trasport businesses
Kerogen leads €15m funding round for Ideol
Amundi Private Equity, Sofimac Regions and Paca Investment are also subscribing to new shares
Tikehau Capital in exclusivity for Nexteam Group
GP enters exclusive talks to acquire French metals engineering company Nexteam Group
Andera Partners in Conduent carve-out
GP acquires UK and France-based off-street parking business from US-based Conduent
Naxicap buys Groupe ABF in SBO
Naxicap buys a majority stake in the buildings insulation service from Ixo Private Equity
Ardian sells Piz'wich to Emeram's Frostkrone
GP sells the French frozen snack producer to Frostkrone after a 16-month ownership
LBO France hires three for venture, small-cap
Philippe Chambon and Sébastien Woynar join the venture team, while Nicolas Manardo joins the small-cap team
Ouest Croissance, Adaxtra back Avignon Ceramic
GPs invest €3.9m in the French technical ceramic parts and cores manufacturer
Naxicap exits Paradis du Fruit
GP sells its minority stake in the French restaurants operator to the management team
Index Ventures et al. back Slite
Consortium of backers invest €3.7m in the French note-taking app developer
Sofinnova hires in-house counsel from Eurazeo
Bordes will work in Sofinnova's support team alongside managing partner and COO Monique Salnier
Sofinnova leads €35.5m capital increase for Inventiva
Capital is drawn from Sofinnova Crossover Fund I, which held a final close on €275m in April 2018
Keensight-backed Pixid buys Carerix
Keensight invested in Pixid, a French online management system for temporary work, in 2015
Activa's Alliance Etiquettes bolts on Irisgraphic
Labels business Irisgraphic is the seventh add-on since Activa's investment in 2015