France unquote
Montefiore takes majority stake in BVA
French GP Montefiore Investment has bought a majority stake in opinion polls and social research business BVA.
KKR close to €650m SMCP deal
US buyout giant KKR is in talks to buy French clothing brands Maje, Sandro and Claudie Pierlot – regrouped under the SMCP holding – for €650m, according to media reports.
Afic launches ESG committee
French private equity association Afic has created a dedicated environmental and social governance (ESG) committee to strengthen its commitment to extra-financial business issues.
FSI Régions leads €2m funding round for Utilis
FSI Régions has led a €2m funding round for French temporary shelter manufacturer Utilis, injecting €1.6m into the company.
Astorg appoints analyst
Astorg Partners has appointed Marion Guillemain as an analyst.
French private equity back from the brink
Back from the brink
Ace Management invests €10m in Duqueine
Ace Management has injected a further €10m into French aerospace-focused parts supplier Duqueine.
Abénex buys RG Safety from Salvepar
Abénex has agreed to acquire French protection equipment RG Safety from industrial holding Salvepar.
Eurazeo posts 16% NAV increase in 2012
French listed buyout firm Eurazeo saw its NAV increase by 16% in 2012, fuelled by improved contributions from portfolio companies and an acceleration of divestments over the past six months.
Alpha Associés invests in ECS Group MBO
Alpha Associés Conseil has taken a stake in the secondary management buyout of French services provider to the air transportation industry European Cargo Services Group (ECS) from Chequers Capital, Equistone Partners and Indigo Capital.
Earlybird et al. back $6m series-A for Videdressing.com
Earlybird Venture Capital, DN Capital and Piton Capital have backed a $6m series-A funding round for Paris-based fashion marketplace Videdressing.com.
MBO Partenaires injects €6m into Raphael Michel
MBO Partenaires has provided French wine business Raphael Michel with €6m in equity as part of a wider €27m round of funding.
Fondations Capital buys Mazarine from LBO France
Fondations Capital has acquired French communications agency Mazarine in a secondary buyout from LBO France and 123Venture.
BNP Paribas et al. invest in Systar
Systar, a French provider of operational intelligence software, has completed a €2.35m private equity offering.
Latour Capital buys Oxand
Latour Capital has taken a majority stake in the buyout of Oxand, a French engineering and consulting firm specialised in the risk-based management of industrial infrastructure.
EdRip and BNP Paribas to back RBI spinout
Edmond de Rothschild Investment Partners (EdRip) and BNP Paribas Développement have entered exclusive negotiations to back the management buyout of French media group Reed Business Information (RBI) from its parent company Reed Elsevier.
Vendis backs Alexandre de Paris
Vendis Capital Management has taken a stake in the buyout of French hairdressing salon and cosmetics company Alexandre de Paris, in what marks the GP's first investment in France.
Omnes et al. in €10m round for EyeTechCare
Returning backer Omnes Capital has taken part in a €10m series-C round of funding for French medical devices developer EyeTechCare.
Equistone seals Brétèche Industrie deal
Equistone has completed the acquisition of a majority stake in French food machinery business Groupe Brétèche from Azulis Capital and Unigrains.
Axa PE backs Five's bolt-on of Mag Americas
Axa Private Equity has provided its French portfolio company Fives Group, an industrial engineering business, with additional funding in order to acquire US-based Mag Americas.
Phillimore appoints Olivier Grandry as partner
French private equity investor Phillimore has appointed Olivier Grandry as a partner.
Alven Capital raises €120m for fourth venture fund
French venture firm Alven Capital is set to close its latest fund on its €120m hard-cap after nine months on the road.
France unquote” March 2013
AFIC chairman Louis Godron had already rung the alarm bells in an interview with unquote” last July – now France’s private equity association has produced the numbers to back up its warning.
Cathay makes first investment from Franco-Chinese Fund
Cathay Capital has invested €5m in French sealing solutions provider Flexitallic, in what marks the first transaction for the recently raised Franco-Chinese Fund.