France
Novalpina holds second close for debut fund
Novalpina's maiden fund, Novalpina Capital Partners I, was announced in May 2017 with a тЌ1bn target
Idinvest, Brighteye Ventures back Ornikar
GPs take part in a €10m series-A round for the French online driving school
Ekkio hires Accuracy's Boess
Ekkio Capital aims to bolster its operations in Germany with the new appointment
Alliance Entreprendre et al. back Demarne
Historical backers Unexo, Ouest Croissance and BPI France exit the French seafood specialist
PE-backers exit Quitoque to trade
360 Capital, Isai and NCI sell stakes in the French meal kits provider to Carrefour
EIF's push into private capital management
The European Investment Fund is aiming to raise up to тЌ2.1bn in private capital for a new investment platform focused on venture and growth vehicles
Eurazeo invests further in IM Square ahead of acquisitions
With the fresh capital, IM Square plans to acquire three to six additional asset managers
Odyssée leads €3m series-B for Serious Factory
Historical investors, including the Region Paris Venture fund and Sibessor2/Investessor, also take part
Abénex to back Silvya Terrade
Abénex joins previous investors backing the French hairdressing colleges group
Annual Buyout Review: Lower-mid-market momentum lifts dealflow
Unquote's lastest Annual Buyout Review is now available to download for subscribers, offering in-depth statistical analysis of 2017 activity
Pragma sells NACC to trade
GP sells French distressed corporate debt specialist NACC to Norway's B2Holding
Five Seasons Ventures holds first close for maiden fund
French VC firm's first fund, dedicated to agriculture technology, holds a €60m first close
Essling Capital launches Essling Expansion fund
French GP's third fund, with a target of more than €200m, focuses on majority acquisitions
Daphni leads €6.4m round for Margo Bank
Banking startup will invest in technical infrastructure as well as HR development
Serena et al. back Privateaser
Serena Capital, Isai and FJ Labs invest €10m in French venue-booking app Privateaser
Capitem Partenaires buys Aluthea in MBO
GP buys a 20% stake in French aluminum foundry Aluthea while managers retain the remainder
Natixis buys minority stake in Clipperton
M&A boutique Clipperton solely focuses on the technology and internet industries
Sofinnova holds final close for Sofinnova IB I
Having held a first close on €106m in February 2017, Sofinnova IB I closes on €125m
21 Centrale Partners V reaches first close on €200m
Announced in Q3 2015, 21 Centrale Partners V should close in Q3 2018 on around €300m
Alliance invests in Clas
Clas Equipement will use the new capital to boost its growth and development
Equistone VI holds final close on €2.8bn hard-cap
Mid-market PE investor saw total potential commitments of тЌ4bn, significantly exceeding target
John Holloway moves onto new role at EIF
Holloway will look after a new initiative involving fundraising from the private sector
Eurazeo posts sharp increase in AUM in annual results
Dramatic increase in AUM was primarily driven by deals with Idinvest and Rhône Capital
Cathay and OrbiMed divest Echosens to Astorg
Deal is the first exit for Cathay's 2014-vintage €500m Sino-European MidCap fund