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France unquote

Top exec has left the building
Essling founder sells business to private investors

Frank-Noël Vandenberghe exits the business he co-founded with Michele Mezzarobba, who left last year

  • LPs
  • 19 April 2021
Baby clothes and toys
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

  • Exits
  • 15 April 2021
French buyout activity
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

  • Data Snapshot
  • 15 April 2021
Recruitment agents and human resources
Silver Lake's Cegid buys VC-backed Talentsoft

Following the merger, the combined group's turnover is expected to exceed €600m

  • Exits
  • 14 April 2021
Dominique Gaillard of France Invest
Capza hires France Invest's Gaillard as partner

In his new role, Gaillard focuses on the structuring and international development of Capza's platforms

  • GPs
  • 13 April 2021
Money raised in euros
Ardian Buyout VII closes on €7.5bn

Fund invests in high-growth potential businesses with enterprise values of €300m-2bn

  • Funds
  • 12 April 2021
Alliance Etiquettes prints labels for bottles
Activa sells Alliance Etiquettes to Chequers

Activa reinvests in the business in exchange for a minority stake, via its ACF IV fund

  • Buyouts
  • 09 April 2021
Yoghurt pots and lids
Equistone exits Charles & Alice

Management team becomes the controlling shareholder in the business, while Crédit Mutuel retains a minority stake

  • Exits
  • 08 April 2021
Barcode labels for warehouse organisation
Silverfleet backs software provider OneStock

GP invests in the company via European Development Fund, which held a €200m final close in 2019

  • Buyouts
  • 06 April 2021
Biotech drug discovery companies
EQT in exclusivity to acquire Cerba from Partners Group

Medical diagnostics business has previously been backed by sponsors including Astorg, IK and PAI

  • Buyouts
  • 31 March 2021
Company management teams and non-executive directors
Astorg Mid-Cap anticipates summer final close

Fund will make pan-European investments in mid-market companies and has a €1bn target

  • Fundraising
  • 30 March 2021
Cat food and pet products
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

  • Buyouts
  • 30 March 2021
Office IT integration and systems management
Hg sells Trace One to Symphony Technology Group

Hg invested in the retail and branding management software in 2016 via HgCapital Mercury Fund

  • Exits
  • 24 March 2021
Insurance brokers
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

  • Exits
  • 24 March 2021
Education apps and software
Stirling Square clinches Medisup deal – report

Deal reportedly values the French medical education business at around €350m, or 14x EBITDA

  • Buyouts
  • 24 March 2021
Fundraising in euros
Capza Growth Tech Fund eyes €250-300m target

Fund invests in tech companies across continental Europe, with the aim of boosting their expansion

  • Funds
  • 19 March 2021
Pensioners' services and life insurance
Eurazeo buys Groupe Premium in €290m deal

GP invests in the company alongside current shareholders Montefiore Investment and the management team

  • Buyouts
  • 18 March 2021
Marketing and advertising data companies
Activa Capital buys Cityzen

This is the first deal made by Activa Fund IV, which recently held a first close on more than €100m

  • Buyouts
  • 15 March 2021
French fundraising
Activa Capital IV holds €100m first close

Fund invests in management buyouts of French companies operating in the B2B services industry

  • Funds
  • 15 March 2021
Salons and styling products
Core Equity scores Provalliance deal

Deal reportedly values the French hairdressing services chain at around €500-600m

  • Buyouts
  • 15 March 2021
Pharmaceuticals
CVC buys Cooper from Charterhouse for €2.2bn

CVC invests via fund VII, while Charterhouse will reinvest in the OTC pharmaceuticals business

  • Buyouts
  • 12 March 2021
Fundraising in euros
PAI Mid-Market Fund closes on €920m

Fund invests in European mid-market companies across France, Germany, the Benelux region and southern Europe

  • Funds
  • 11 March 2021
Family holidays and swimming pools
Apax sells Sandaya to InfraVia

Sale ends a five-year holding period for Apax, which acquired a majority stake in Sandaya from Pragma Capital

  • Buyouts
  • 08 March 2021
Enterprise software
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

  • Exits
  • 05 March 2021
14 15 16
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