France unquote
3i buys Etanco off IK
3i has acquired a majority stake in French building fasteners manufacturer Etanco from IK Investment Partners.
PE-backed MBO for MB Electronique
Avenir Entreprises and CM-CIC Capital Privé have backed the management buyout of French electronic equipment distributor MB Electronique.
123Venture et al. in Vérifimmo MBI
123Venture, LCV Finance and David Hamelin have wholly acquired French insurance business Vérifimmo for an undisclosed amount.
IK sells Idex to infrastructure fund Cube
IK Investment Partners has sold French energy and environmental services company Idex to Cube Infrastructure.
Partners Group has new presence in Paris
Partners Group has opened a new office in Paris.
GE overcomes hurdle in Converteam trade sale
General Electric (GE) has reached an agreement with the US Justice Department (DoJ) allowing it to acquire French engineering group Converteam from Barclays Private Equity and LBO France.
Astorg leads FCI unit auction
French mid-cap firm Astorg Partners has entered into exclusive negotiations to acquire FCI's microconnections division from Bain Capital, according to sources close to the transaction.
LBO France and LFPI Gestion close Eminence SBO
LBO France and LFPI Gestion have acquired men's underwear manufacturer Groupe Eminence from Orium and Pechel Industries Partenaires.
Bain seeking final bids for FCI
Bain Capital is today expecting final bids for portfolio company FCI, which could fetch up to $1bn.
Advent buys part of Oberthur for €1.15bn
Advent International has agreed to acquire the Card Systems and Identity divisions of French secure technologies specialist Oberthur for €1.15bn.
Barclays PE sells Martek Power to Cooper Industries
Barclays Private Equity (BPE) has sold French energy conversion specialist Martek Power to Cooper Industries for €130m.
Apax France exits Vizada in $960m trade sale
Apax France and Hutton Collins have sold French mobile satellite communications company Vizada to Astrium, an EADS subsidiary, for a total consideration of $960m.
Perceva Capital in Supra take-private
Perceva Capital has acquired a 58% stake in listed French heating devices manufacturer Supra in a deal that values the business at €12m, with a view to delist it in the Autumn.
TA Associates takes 50% stake in DNCA Finance
TA Associates has secured a 50% stake in French asset management firm DNCA Finance for an undisclosed amount.
CDC to sell PE portfolio
France's Caisse des Dépôts et Consignations (CDC) is planning the sale of a €180m private equity fund portfolio, according to media reports.
L Capital buys 35% stake in TWC L'Amy
L Capital, a PE firm sponsored by luxury group LVMH, has acquired a 35% stake in French fashion accessories company TWC L'Amy from Edmond de Rothschild Investment Partners (EdRIP).
€119m refinancing for PE-backed FPEE
AtriA Capital Partenaires, Pragma Capital and Barclays Private Equity (BPE) have refinanced the 2009 buyout of French building materials company FPEE with a €119m debt package.
France unquote" July/August 2011
Chequers Capital and Apax France have closed their latest funds on €850m and €700m respectively, joining the list of French mid-cap firms that successfully hit the fundraising trail in recent months.
BlackFin raises €220m for its latest fund
BlackFin Capital Partners has closed its BlackFin Financial Services Fund at €220m.
Apax France VIII closes on €700m
Apax France has closed its latest mid-cap fund on €700m.
Rumours of key-man clause following AtriA departures
The departure of two partners from French mid-cap firm AtriA Capital Partenaires in April has triggered a key-man clause on its third fund, according to media reports.
PE-backed Afflelou mulls over IPO
French optician Alain Afflelou, a portfolio company of Bridgepoint and Apax France, is considering a potential listing within the next 12 months.
Permira in lead for Alcatel Lucent Enterprise
Permira is currently a frontrunner in the Alcatel Lucent Enterprise sale, according to media reports.
Q&A: Montefiore's Eric Bismuth on the French mid-market
Strategies, opportunities, fundraising... Eric Bismuth, president of mid-cap buyout house Montefiore Investment, talks to Greg Gille about the state of the French mid-market.