France
Ardian exits Brico Privé in SBO
Ardian sells its minority stake in the French online DIY and gardening retailer to a fellow institutional investor
Isatis backs Oriental Viandes
Senior debt for the transaction was provided by CIC Est, LCL and Banque Palatine
European entry multiples hit new high in 2017 despite Q4 cooldown
Average EBITDA multiple increased to 10.4x in 2017 compared with 10.2x in 2016, according to the latest Clearwater Multiples Heatmap
Capzanine promotes two in investment team
Clément Colin becomes principal and Emmanuel Fournial is promoted to senior associate
Entrepreneur Venture, Carvest back VM Constructions
Entrepreneur Venture and Crédit Agricole Régions Investissement inject €4.3m for a minority stake
Ardian sells Groupe Bio7 to trade
Buyer Cerba HealthCare is owned by Partners Group and Canadian pension fund PSP Investments
Sofinnova leads €6m series-A for SafeHeal
Fresh capital will be used to develop a clinical and regulatory market access programme for Colovac
Mega-buyout volumes hit post-crisis Q1 high
Combined with Q4 2017, the past six months have represented the most active consecutive quarters for €1bn-plus buyouts since 2007
Gide hires Skadden's Diaz
Diaz will oversee and lead the commission in charge of exploring growth possibilities
Naxicap enters exclusive negotiations to buy ECS
GP is in talks to buy French outsourced airfreight operations service ECS from Alpha
Omnes launches new funds
Omnes Real Tech, Omnes Expansion III amd Mezzanis III expected to hold closes in 2018
Seventure holds first close on €24m
France-based animal nutrition specialist Adisseo is among Seventure's AVF fund investors
Novalpina holds second close for debut fund
Novalpina's maiden fund, Novalpina Capital Partners I, was announced in May 2017 with a €1bn 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 €2.1bn 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