France unquote
Alpha to sell Cyrillus to Alandia, MGA
Cyrillus is part of the Cyrillus-Vertbaudet group, but this sale only seems to include the Cyrillus business
SBOs, mega-deals fuel strong Q1 for French buyouts
While the sharp quarter-on-quarter rebound of late 2020 was not replicated, the French market remained buoyant in Q1
Silver Lake's Cegid buys VC-backed Talentsoft
Following the merger, the combined group's turnover is expected to exceed €600m
Capza hires France Invest's Gaillard as partner
In his new role, Gaillard focuses on the structuring and international development of Capza's platforms
Ardian Buyout VII closes on €7.5bn
Fund invests in high-growth potential businesses with enterprise values of €300m-2bn
Activa sells Alliance Etiquettes to Chequers
Activa reinvests in the business in exchange for a minority stake, via its ACF IV fund
Equistone exits Charles & Alice
Management team becomes the controlling shareholder in the business, while Crédit Mutuel retains a minority stake
Silverfleet backs software provider OneStock
GP invests in the company via European Development Fund, which held a €200m final close in 2019
EQT in exclusivity to acquire Cerba from Partners Group
Medical diagnostics business has previously been backed by sponsors including Astorg, IK and PAI
Astorg Mid-Cap anticipates summer final close
Fund will make pan-European investments in mid-market companies and has a €1bn target
Eurazeo Brands buys majority stake in UPD for €68m
GP plans to further develop the company's digital and e-commerce capabilities, while boosting its expansion
Hg sells Trace One to Symphony Technology Group
Hg invested in the retail and branding management software in 2016 via HgCapital Mercury Fund
Activa sells Active Assurances to Silver Lake's Meilleurtaux
Sale ends a three-year holding period for Activa, which invested in Active Assurances alongside BPI France
Stirling Square clinches Medisup deal – report
Deal reportedly values the French medical education business at around €350m, or 14x EBITDA
Capza Growth Tech Fund eyes €250-300m target
Fund invests in tech companies across continental Europe, with the aim of boosting their expansion
Eurazeo buys Groupe Premium in €290m deal
GP invests in the company alongside current shareholders Montefiore Investment and the management team
Activa Capital buys Cityzen
This is the first deal made by Activa Fund IV, which recently held a first close on more than €100m
Activa Capital IV holds €100m first close
Fund invests in management buyouts of French companies operating in the B2B services industry
Core Equity scores Provalliance deal
Deal reportedly values the French hairdressing services chain at around €500-600m
CVC buys Cooper from Charterhouse for €2.2bn
CVC invests via fund VII, while Charterhouse will reinvest in the OTC pharmaceuticals business
PAI Mid-Market Fund closes on €920m
Fund invests in European mid-market companies across France, Germany, the Benelux region and southern Europe
Apax sells Sandaya to InfraVia
Sale ends a five-year holding period for Apax, which acquired a majority stake in Sandaya from Pragma Capital
Goldman Sachs, Kennet sell Nuxeo to Hyland Software
Goldman Sachs and Kennet Partners are expected to make a 5x return on their investment in Nuxeo
Sofinnova Crossover Fund closes on €445m
Fund focuses on investments in later-stage biopharma and medtech companies that need capital to scale up
