France unquote
Eurazeo to ramp up divestments over next 24 months
Firm also expects fundraising to exceed the previous record of €2.9bn set in 2020
General Atlantic leads €276m round for €2.6bn-valued Back Market
Round sees participation from Generation Investment Management, Aglaé, Eurazeo, Goldman Sachs and Daphni
Raise, IDI buy PE-backed Talis Education
Azulis Capital and Aquiti Gestion invested in the professional training provider in January 2020
Eurazeo launches PME IV Fund
Eurazeo's PME arm deploys equity tickets of €20-100m, focusing on French mid-market businesses with EV of €50-200m
Abénex backs medical imaging software provider EDL
GP plans to support the company in boosting its organic growth and accelerating its expansion through targeted add-ons
Bain's Parts Holding Europe files for IPO
PE-backed IPOs have been scarce in France in the past five years, according to Unquote Data
Eurazeo invests in I-Tracing in €165m deal, Keensight exits
Following the deal, Sagard NewGen invests as a minority shareholder in a holding company controlled by Eurazeo
Keensight sells LinkByNet to Accenture
Deal ends a five-year holding period for Keensight, which invested €50m in LinkByNet in exchange for a minority stake
UI Investissement, Geneo back clinic operator GBNA
UI and Geneo invest in the company via a capital increase, partnering with the Guichard family
Capza 5 Flex Equity Fund closes on €700m
Fund offers flexible financing that combines majority and minority equity, convertible bonds and mezzanine
Advent leads $220m series-D for Shift at $1bn valuation
Avenir, Accel, Bessemer Venture Partners, General Catalyst and Iris Capital also take part in the round
Capza appoints Gauffre as head of sustainability and impact
In her new role, Gauffre oversees the structuring and development of Capza's ESG strategy and CSR policy
Astorg buys Solina from Ardian
Sale ends a five-year holding period for Ardian, which acquired Solina from IK Investment Partners
Perwyn opens Paris office, eyes more investment on the continent
Firm has already made two investments in France: Isla Delice in 2018 and Keobiz in 2020
Kramer Levin hires Eversheds team for French PE, financing practices
Law firm adds five lawyers to its private equity and banking/finance practices in Paris
Capza closes fifth debt fund on €1.6bn, prepares new launch
Fund invests in SMEs with EBITDA of more than €12m, providing unitranche and mezzanine
Permira buys minority stake in New Immo Group
Existing investor Qualium Investissement is to retain a stake in the digital real estate platform
Lumos leads €70m series-C round for OpenClassrooms
Education technology company also attracts Salesforce Ventures, Chan Zuckerberg Initiative and GSV Ventures
Ardian sells Lagarrigue to Naxicap
Sale ends a five-year holding period for Ardian, which bought a majority stake in Lagarrigue from Azulis Capital
Cap Grand Ouest 3 holds first close
Fund makes its first investment by acquiring a minority stake in healthcare consultancy Helpévia
Eurazeo invests €410m in Aroma-Zone
Following the deal, the founding Vausselin family retains a significant minority stake in the business
KKR leads €100m series-C for Ornikar
Existing investors Idinvest, BPI, Elaia, Brighteye and H14 also took part in the fundraising
Eurazeo to buy Aroma Zone for €700m – report
Company's sale attracts several buyers, including private equity firms Ardian, Bain Capital and CVC, according to reports
Aurelius appoints Dränert in Wachstumskapital division
Markus Dränert will focus on software and technology investments, joining from his role at Finleap