Industrials
Idinvest et al. inject €25m in Malt series-B
VCs Serena and Isai re-up, having previously backed the €5m series-A in 2016
Ardian’s Revima completes two bolt-ons
Ardian bought a majority stake in France-based Revima from Argos Wityu last month
OpenGate carves out SMAC from Colas
US-based OpenGate also carved out the silicon carbide division of Saint-Gobain last month
CM-CIC, BPI France back Hardis Group MBO
Up to 30 managers, led by Nicolas Odet and Yvan Coutaz, acquire stakes in Hardis
VC firms back €4m series-A for Kreatize
Fresh capital will be used to expand the platform and improve data evaluation methods
B-to-v holds second close for Industrial Technologies Fund on €80m
Fund held its first close in March 2018 and is expected to have a final close in mid-2019
Sofinnova et al. invest €20m in Afyren
France-based biotech business Afyren plans to commercialise its products in 2020
Panoramic backs management buy-in of PCS
GP is currently investing from its second fund, which writes equity cheques of £1-5m
Azulis buys Helios Group in SBO
GP invests in Helios, a construction and road marking specialist, via Middle Market Fund V
Value Enhancement Partners buys Frimex in SBO
Frimex was acquired by Mentha Capital in 2014 in a carve-out from Dutch firm TBI
Ardian buys Celli from Consilium
Sale ends a six-year holding period for Consilium, which controlled a 70% stake in Celli
Ardian, BPI France sell Ouvêo
Ardian had owned the France-based manufacturer of windows and other joinery since 2012
Baltisse buys House of Talents from Sofindev
Recruitment company House of Talents tripled its revenues under Sofindev's ownership
Eos-backed Poplast bolts on FM Plastic
This is the second bolt-on inked by the business, following the acquisition of Sala in October 2017
Keensight inks first Spanish deal with Asti Mobile Robotics
French GP Keensight enters the Spanish market with a growth capital investment
Progressio backs Gampack
GP intends to support the company in its expansion into new market segments and geographies
Siparex backs Groupe Packing
Siparex uses Siparex Midcap 3 to back the France-based wine packaging specialist
IK backs NetCo MBO
IK, drawing capital from its Small Cap II Fund, invests alongside historical backer Andera
HGTF backs Instagrid
HGTF is joined by Segnalita Ventures and Martin Global in a seven-figure funding round
Cairngorm-backed MJ Wilson acquires SIL
Deal forms part of the GP's plans to create a full-service maintenance, repair and overhaul group
Bridgepoint acquires Miya from Arison Investments
Miya's acquisition is the first investment made by Bridgepoint's €5.7bn Europe VI fund
Diana Capital's Grupo Lappí bolts on Grafica Calipolense
Following the acquisition, the group will employ 250 people and generate revenues of €30m
CGS-backed Photonics bolts on LS Laser Systems
CGS is looking to buy a fourth portfolio company and bolt on two more for Eol and Photonics
IGI backs Nuovaplast
GP deploys capital from its IGI Investimenti Sei fund, which held a €100m first close in 2018