France unquote
Sofinnova closes Sofinnova Capital IX on €333m
Fund backs biopharmaceutical and medical devices startups, mostly in Europe and the US
Argos Wityu makes new appointments
PE firm has made new appointments in its French, German and Italian offices
Tikehau offloads Eurazeo shares
Tikehau will retain a 5.1% stake in listed French PE investor Eurazeo following the transaction
Idinvest holds €350m final close for Digital Fund III
Fund is more than twice the size of its predecessor, Digital Fund II, which closed on €154m in 2015
Idinvest appoints Gallerne and Guyonnet as managing partners
Co-head of private debt Gallerne and COO Guyonnet are members of the executive committee
PE-backed Addev Materials bolts on US businesses
Tikehau and BPI France inject €33m into Addev Materials Group to sponsor the US bolt-ons
Xerys, Siparex et al. close $18.6m series-B for Herow
Backers close a $18.6m round started in 2015 with an initial $10.6m capital injection
Latour Capital's Syclef secures refinancing
Latour acquired a controlling stake in the refrigeration systems provider in 2015
Eurazeo's Efeso Consulting acquires FibonacciLab
Swiss FibonacciLab represents Efeso Consulting's second bolt-on under Eurazeo ownership
Ergon and BPI France exit Looping
France-based amusement parks operator Looping Group completed four bolt-ons since 2017
LBO France buys minority stake in Alantys Technology
GP backs specialist distributor of electronic components via its LBO France Capdev fund
M80 buys Strapharm
GP acquires over 75% of food supplements specialist Strapharm, valued in the €25-50m range
CM-CIC sells Fouchard to trade
CM-CIC Investissement sells air conditioning specialist Fouchard to corpate Fayat group
Sofimac backs Expedial MBO
Management team buys stake in a transportation services provider while founder retires
Initiative & Finance backs L'Anneau Securus Sesam
GP buys minority stake in France-based security services provider L'Anneau Securus Sesam
83North leads €15m series-B for CRM platform Critizr
Previous backers Point Nine, Caphorn Invest and Runa Capital also take part in the investment
Capital Croissance backs Onatera
Previous backer Entrepreneur Venture sells stake in France-based online retailer Onatera
Capza hires two ahead of fundraise
GP is targeting a €550-600m final closing for its fifth-generation flex equity fund
Summit sells stake in Sipartech to Blackstone
Summit sells a minority stake in the France-based provider of dark fibre network
BPI France, Carvest back Toutenkamion
President Girerd will remain the majority shareholder of France-based Toutenkamion
PE-backed Verallia floats with €3.2bn market cap
Verallia, having set a €26.50-29.50 indicative range, has listed at €27 per share
Paul Hastings hires Dechert partner Cardon
Cardon will advise funds on a range of transactions, including LBOs and take privates
Torqx invests in Sonic Equipment
Dutch PE firm Torqx is currently investing via its maiden fund, closed on €150m in 2017
Ardian’s Opteven buys WMS Group
Backed by Ardian a year ago, Opteven bolts on UK-based car warranty specialist WMS Group
