France unquote
Sofinnova holds EUR 150m close for third biotech fund
Impact fund has made two investments as of its interim close and expects to make 10-12 in total
Worldline's sale of TSS to Apollo stalls over deal terms
Apollo's offer was estimated to be a little short of EUR 2.5bn when it entered exclusive negotiations over the summer
LBO France secures Alliance Marine takeover from Weinberg
Deal values the target at around EUR 200m (10x EBITDA), according to Capital Finance
Argos Wityu exits Olinn
GP formed the equipment leasing and management firm in 2018 via the merger of four companies
Eurazeo grew AUM by 44% over past 12 months
Asset manager raised EUR 3bn from limited partners in the first nine months of 2021
Activa Capital hires associate in investment team
Prior to joining, Julie Perouzel worked as an M&A analyst at Rothschild & Co for a year
Auction for Carlyle's Saverglass called off – report
Rothschild-run process was launched earlier this year, with Towerbrook and ICG reportedly involved in earlier stages
Ardian, Latour buy LBO France's Groupe RG
LBO France bought a majority stake in the personal protective equipment producer in 2017
Gimv to exit Wolf Lingerie in Vulcain-led auction
Gimv and Alsace Capital acquired Wolf from Cathay Capital and EPF Partners in 2014
ESG concerns limit bidders in LMB Aerospace sale
First-round bids for France-based LMB Aerospace were collected last week
LBO France, PAI in second round for Alliance Marine
Alliance Marine went on a bolt-on shopping spree under Weinberg ownership
Anaveo sale pulled despite late-stage talks with 3i
Competitive process stalls as vendor Bridgepoint's price expectations were not met, sources say
France's Apax appoints chief sustainability officer
Dominica Adam has taken up the newly created management position at the Paris-headquartered GP
IK invests in Prophecy Group
Minority investment in the cybersecurity firm is IK's sixth deal to be announced in H2 2021
Mirova contemplates first growth fund as follow-up to ESG vehicle
Firm is eyeing the launch of a growth fund once its recently launched ESG vehicle reaches 75% deployment
IK hires Lazard to advise on Linxis sale
IK acquired Linxis Group (then Breteche) from Cerea Partenaire, Capza and Equistone in July 2015
LBO France in EUR 500m Franco-Chinese venture with Haixia Capital
MoU marks LBO France's first foray into the Chinese market, with plans to open a local office
Asmodee already attracting PE interest ahead of November launch
Silver Lake, CVC, Advent and KKR are already set to join the race, sources say
Saverglass sale hits snag with remaining bidder Lone Star
future capex spend is a worry for bidders and lenders, sources say
Committed Advisors closes CAPF I on EUR 161m
Primaries, early secondaries and co-investment fund is intended to extend the GP's existing strategy
LBO France holds EUR 155m final close for Digital Health 2
GP previously raised EUR 70m for SISA, a fund dedicated to healthcare technology
Sofinnova holds EUR 472m final close for Capital X
France-headquartered VC will continue to focus on early-stage healthcare investments
Jasmin Capital promotes new partner
Placement agent and secondaries adviser also promotes three and hires a new associate
TA Associates takes minority stake in Foncia
TA secures a 25% stake, while Partners Group remains the controlling shareholder