France unquote
Perceva takes majority stake in BPI
Perceva Capital has taken a majority stake in French HR consulting firm BPI, through a capital increase and the purchase of existing shares in the business.
Leonardo appoints new managing director in Paris
European investment banking firm Leonardo & Co has hired Eric Toulemonde as managing director in its Paris office.
CAPE backs AEMI OBO
Crédit Agricole Private Equity (CAPE) has invested €1.5m in the owner buyout of French industrial parts manufacturer AEMI.
Abenex appoints new investment manager
French private equity firm Abenex Capital has appointed Nicolas Bertrand as investment manager.
Newfund supports Izeos
Newfund has made a growth equity investment in Izeos, a French company offering a range of online services to medical professionals.
French presidential election spells bad news for PE industry
The regulatory landscape is getting tougher across Europe for private equity - but French players might have more to worry about than most, as presidential candidates unveil measures that could affect the industry. Greg Gille reports
Hogan Lovells appoints new partner in Paris
Hogan Lovells has appointed Xavier Doumen as a partner at the private equity practice in Paris.
France unquote" January 2012
Troubled French mid-cap GP AtriA Capital Partenaires has merged with counterpart Naxicap.
Entrepreneur Venture injects €1m in TBS Group
French growth capital investor Entrepreneur Venture has injected €1m into marketing software developer TBS Group.
Siparex closes €120m midcap fund
French GP Siparex has held an interim close for the Siparex Midcap II vehicle on its €120m target.
Accel leads €7.5m round for Comuto
Accel Partners has joined existing investors ISAI and Cabiedes & Partners in a €7.5m financing round for France-based Comuto, which edits various carpooling websites in Europe.
DG Infra Yield acquires 80.1% in special purposes vehicle
The joint infrastructure fund of Gimv and Dexia Bank Belgium has acquired 80.1% of OPTIMEP 4.
IDI reaps 3x money on SFPI exit
Listed private equity fund IDI has sold its minority stake in French building materials manufacturer and industrial supplier SFPI for €18.4m.
EdRIP backs b2s OBO
Edmond de Rothschild Investment Partners (EdRIP) has backed the OBO of French CRM business b2s from Windhurst Participations.
CAPE et al. exit Miyowa in $45.5m trade sale
Crédit Agricole Private Equity (CAPE), Techfund and Sophia Euro Lab have sold their stakes in French software developer Miyowa to Synchronoss in a deal that values the business at $45.5m.
Activa-backed Findis acquires Cocélec
Activa Capital portfolio company Findis, a French household appliances distributor, has acquired French electrical, audiovisual and culinary products distributor Cocélec for an undisclosed amount.
KPS buys Bosch Foundation Brakes
KPS Capital Partners has announced the acquisition of The Bosch Group’s automotive foundation brakes business Bosch Foundation Brakes. Financial details of the transaction remain undisclosed.
21 Centrale Partners exits Nord-Est
21 Centrale Partners has sold packaging company Nord-Est to Oaktree Capital Management.
ACG acquires Viveris Management
ACG Private Equity has acquired a majority stake in Viveris Management from its founders and Caisse d’Epargne Provence-Alpes-Corse (CEPAC), which will retain a minority stake. Financial details of the transaction remain undisclosed.
Access Capital Partners closes fund on €500m
Access Capital Partners has held a final close of its fifth European small- and mid-market fund-of-funds, Access Capital Fund V Growth Buy-out Europe (ACF V), on €500m – above its initial target of €350m.
21 Centrale acquires Vacances Directes
21 Centrale Partners has bought French mobile home rental business Vacances Directes, formerly backed by Acto Capital, in a deal understood to be worth around €70m.
IDI buys Emeraude from CM-CIC LBO Partners
Listed fund IDI has acquired French polymers distributor Emeraude International from CM-CIC LBO Partners, alongside management.
AXA PE buys Ouvêo group
AXA Private Equity has acquired French window manufacturer Ouvêo from Alliance Entreprendre and FSI Régions (formerly Avenir Entreprises), in a transaction valued at less than €50m.
French LBOs: foreign buyers beware?
France’s latest Loi de Finances (the national budget voted in parliament) introduces stricter rules regarding fiscal integration and the tax deductibility mechanism on financial charges. This could spell bad news for foreign LBO funds looking to acquire...