France
Permira's Vacalians undergoes refinancing
Total of €345m is secured via a pool of 20 lenders, led by Crédit Agricole CIB
Capzanine to hold final close for €950m private debt fund in Q1
Launched in Q1 2017, Capzanine 4 Private Debt fund should hold a final close in March
Alven backs €2.5m series-A for Supermood
VC firm 50 Partners also takes part in the financing, as well as Blablacar CTO Francis Nappez
Isatis invests in Hotline to finance Groupe Metalis bolt-on
Isatis-backed outsourced IT service Hotline acquires competitor Groupe Metalis in bolt-on
European PE in 2017: Scaling new heights
Buyout activity and fundraising reached a new peak in 2017, with mega-buyouts and small-cap deals fueling dealflow and French funds popular among LPs
iBionext closes maiden fund iBionext Growth on €90m
Backers of the fund include French and international investors, including a Chinese corporate
Essling closes second co-investment fund on €115m
Hard-cap was originally set at €100m, but was raised in order to meet increasing demand
Artemid closes second debt fund
Launched in Q3 2017, Artemid Senior Loan II surpasses its predecessor and closes on €413m
Scor, LBO France launch Scor Mid Market Loans fund
Asset manager Scor Investment Partners teams up with GP LBO France for a leveraged loans fund
Ring Capital backs $12m series-B for Adikteev
Other backers in the round include existing investors Isai, Ventech and Laurent Asscher
Idinvest/Eurazeo merger: Going global
Eurazeo's permanent capital and an international footprint will help Idinvest attract an international LP base
Eurazeo's Asmodée bolts-on Lookout
French games publisher Asmodée acquires the Germany-based board and card game publisher
Q4 Barometer: Deal volume and aggregate value slide
Despite a boom in both dealflow and aggregate value across 2017 as a whole, the final quarter of the year saw a slowdown in activity
Turenne Capital exits Volfoni to trade
GP sells its minority stake in the French maker of 3D cinema glasses to Chinese corporate Shandong Luxin-Rio
CM-CIC Investissement backs Bougrier
GP acquires 32% of French family-owned wine business Bougrier, investing €4.2m
Pragma Capital buys GSRI in MBO
GP buys a majority stake in the French infrastructure inspection engineering group
EdRip holds final close on €345m for BioDiscovery5
New life sciences fund will be considerably larger than its predecessor, closed in 2013
Qualium exits CMAI deal
ICG takes over from Qualium, the previous main shareholder in the maker of closets and sliding doors
Ardian backs SFAM in €1.7bn deal
GP acquires a €200m minority stake in the French broker of smartphone and multimedia insurance
M Capital backs $3.7m series-A funding round for Intuilab
Private investment company IRDI Soridec Gestion also takes part in the financing
CalSTRS looks to widen co-investment and direct investing
US LP, worth $224.8bn, is consulting on setting up direct investment capabilities
Capzanine, Creadev back Recommerce
GPs invest €50m in the French used electronic products retailer in a series-C funding round
Eurazeo buys Idinvest in €310m deal
Eurazeo becomes majority shareholder of French asset manager Idinvest, taking over from IDI
Activa Capital promotes France to associate
Emma France will have a specific focus on ESG and digital transformation for portfolio companies