France
Omnes sells Adictiz to trade
Omnes Capital invested €2m in French video games developer Adictiz in 2012
Index leads €23m series-A for Alan
Previous investors OpenCNP, Partech and Portag3 Ventures LP also take part in the funding round
Apax France et al. exit Silvya Terrade in SBO
Abénex takes over French beauty and hairdressing colleges Silvya Terrade, acquiring a 70% stake
DLA Piper hires Vandenbussche and Pinkham
Law firm hires partner Vandenbussche and senior counsel Pinkham to strengthen PE arm
European Commission launches VentureEU
VentureEU is a venture capital funding programme backed by €410m in fresh funding from the EU
Alliance Entreprendre et al. sell Safir to trade
GPs sell the French manufacturer of automatic garage doors to corporate Accedia Group
Ixo PE et al. back Groupe RYB
GPs inject €16.5m into the French polyethylene piping producer to finance a bolt-on
Idinvest Digital Fund III holds €180m first close
Idinvest's third digital fund, with a target of €300m, surpasses its €154m predecessor
Apax opens Milan office, appoints Revel-Sillamoni as head
Francesco Revel-Sillamoni will lead the new office with the support of senior adviser Francesco Panfilo
Oxatis announces intention to float
Oxatis, a French PE-backed e-commerce SaaS developer, will float on 24 April
Tikehau backs insurance broker Filiassur
GP buys a minority stake in French insurance specialist Filiassur in a €30m MBO deal
LFPI et al. invest €50m in Bioline by InVivo
LFPI, Idia and Unigrains back French agricultural products manufacturer Bioline by InVivo
European fundraises off to healthy start in 2018
Number of fund closes and aggregate capital raised in Q1 is roughly on par with the same period last year, but short of the strong start to 2016
IK acquires controlling stake in Questel
Fresh capital will be used to support the company's international expansion
EdRip completes spinout from Edmond de Rothschild
Fully independent French firm with €2bn in AUM will operate under the name Andera Partners
Ontario Teachers' chief investment officer Graven Larsen resigns
Graven Larsen joined Ontario Teachers' in February 2016 and led the fund's global investment programme
Sofinnova holds €275m close for Crossover Fund 1
Vehicle will focus on biopharma and medical companies with EVs of €50-150m
Naxicap's Technicis bolts on TextMaster
Technicis acquires French online translation service TextMaster with debt from Idinvest
French VC fundraising shifts towards sector specialisation
A number of specialist VC funds have held first or final closes in recent months, bringing distinct advantages and risks in equal measure
PAI Europe VII closes on €5bn hard cap
PAI says it hits its hard-cap after only six months on the road, with a demand of more than €15bn
Carlyle's Comdata bolts on CCA International
Following the acquisition of CCAI, Comdata expects to reach revenues of around €1bn globally
Ciclad in talks to buy Bertin Ergonomie
French GP plans to wholly acquire ergonomics consultancy Bertin Ergonomie via Ciclad VI fund
Secondary buyouts hit 10-year low in Q1
Proportion of deals sourced from fellow PE firms has ebbed back to the level last seen in 2007, according to Unquote Data
BlackFin Capital Partners exits Cyrus
Management team buys back the French wealth management advisory firm, with debt from Ardian