France unquote
Index Ventures backs Rad
Index Ventures has led a €2.5m series-A funding round for French e-commerce business Rad.
KLS raises €44m towards second Biofund vehicle
Life sciences-focused KLS Partners has held a €44m first close for its sophomore effort, Kurma Biofund II.
Bain to buy Maisons du Monde from Apax, LBO France
Bain Capital has agreed to acquire French home decorations and furniture retail business Maisons du Monde in a secondary buyout understood to be worth around €650m – close to 8x EBITDA.
Index and CM-CIC inject €2.5m into Capitaine Train
French online train booking business Capitaine Train has raised a further €2.5m from its two existing backers, Index Ventures and CM-CIC Capital Privé.
Eurazeo acquires IES from Demeter
Eurazeo Croissance has acquired a 93% stake in the secondary buyout of electric vehicle chargers manufacturer IES Synergy from Demeter Partners.
Gimv and Iris invest €15m in Alven-backed Planetveo
Gimv and Iris Capital have invested €15m in French online travel agency Planetveo, which has previously received backing from Alven Capital.
Ekkio Capital backs Compagnie des Vacances
French GP Ekkio Capital, formerly known as Acto Capital, has acquired a 40% stake in online camping sites booking business Compagnie des Vacances.
France's FSN PME fund capacity axed by quarter
France's state-backed venture fund FSN PME will manage €300m overall, down from the €400m mentioned at the vehicle's launch in 2011.
Capzanine holds final closing on €350m hard-cap
French equity and mezzanine provider Capzanine has held a final closing of Capzanine 3 on its €350m hard-cap.
Axa PE buys Trescal in €250m SBO
3i stands to double its money in a little less than three years after agreeing to sell French measurement services specialist Trescal to Axa Private Equity for around €250m.
CIC Mezzanine tops up third fund with extra €15m
French GP CIC Mezzanine is understood to have held a final close for its third fund on €180m, €15m more than the amount announced at the beginning of May.
Dechert makes new hires for Paris branch
Matthieu Grollemund, Dechert
LBO France to team up with Fosun for Nocibé bid
French firm LBO France could make a joint bid with Chinese conglomerate Fosun for Nocibé, the French perfume and cosmetics retailer owned by Charterhouse, according to reports in the local press.
Apax to lead GFI Informatique takeover
Apax France and listed fund Altamir Amboise have announced plans to lead a takeover offer for French listed IT business GFI Informatique.
Vermeer Capital buys RLD from Sagard
Vermeer Capital has acquired a majority stake in RLD, a French business specialising in the rental and laundering of workwear, from fellow GP Sagard.
Shopmium raises further €4.3m from VC backers
Ventech, Isai and Accel Partners have invested €4.3m in a series-B funding round for French mobile marketing software developer Shopmium.
PAI's Zinsou to retire; succession plans underway
PAI partners' chief executive Lionel Zinsou is to step down in 2015 as the private equity house draws up its succession plans.
Ixo and Omnes invest €6.25m in AT Internet
Omnes Capital has joined Ixo Private Equity in a €6.25m funding round for French web analytics business AT Internet.
Alven et al. inject €3.1m into Gemmyo
Alven Capital has led a €3.1m funding round for French online jewellery store Gemmyo alongside existing angel investors.
Axa launches €10m seed fund
French insurer Axa has launched a seed fund, Axa Seed Factory, with a €10m commitment to invest in French start-ups.
Netatmo raises €4.5m from Iris and FSN PME
Parisian consumer electronics company Netatmo has raised €4.5m from Iris Capital, FSN PME and angel investor Pascal Cagni.
Major refinancing underway for Eurazeo's Elis
Elis, a French professional clothing business owned by Eurazeo, has placed a €450m high-yield bond as part of a significant refinancing effort.
Gores acquires FTO subsidiary Etrali
The Gores Group has bought Etrali, the business services and trading solutions subsidiary of France Telecom-Orange (FTO).
Weinberg Capital Partners acquires CMFT
Weinberg Capital Partners-backed Climater has acquired Bordeaux-based group CMFT Heating, a company specialised in industrial heating, ventilation, and air conditioning (HVAC).