France unquote
BNP Paribas PE appoints new investment manager
BNP Paribas Private Equity has promoted Laurent Baudino to investment manager.
Naxicap invests in Pisoni Publicité
Naxicap Partners has backed the management buy-in of French advertisement company Pisoni Publicité.
Axa PE acquires 22% of FitnessBoutique
Axa Private Equity has taken a 22% stake in French fitness equipment retailer FitnessBoutique.
Crédit Agricole PE appoints new investment director
Crédit Agricole Private Equity has appointed François Lory as investment director in its small-cap team.
Weil, Gotshal & Manges bolsters global M&A practice
Law firm Weil, Gotshal & Manges has appointed Laurent Faugérolas as a partner in charge of global M&A in the Paris office.
Duke Street merges EduServices with IPAC
Duke Street-backed EduServices has acquired French post-secondary education provider IPAC for an undisclosed amount.
PAI puts CEP on the block
PAI partners has launched an auction for French mortgage insurance services company Compagnie Européenne de Prévoyance (CEP), which could be worth up to €1bn according to media reports.
AXA PE acquires Novacap from Bain Capital
AXA Private Equity has acquired a majority stake in French chemicals group Novacap from Bain Capital, in a deal that values the company at €240m.
Emertec et al. invest €1.3m in Eviagenics
Emertec Gestion and CapDecisif Management have provided French biotech company Eviagenics with €1.3m of early-stage funding.
Naxicap appoints new chargé d'affaire
French growth capital investor Naxicap has hired Julien Potier as chargé d'affaire.
Paul Perpère joins AFIC as delegate general
French private equity association AFIC has announced the appointment of Paul Perpère as delegate general.
EdRIP and Phillimore invest in Ocean
Edmond de Rothschild Investment Partners and Phillimore have backed the management buyout of tracking solutions firm Ocean from Crédit Agricole Private Equity.
Perceva Capital raises €150m
French special situations investor Perceva Capital has raised €150m for its latest fund.
3i and TCR-backed Trescal acquires Dynamic Technology
Trescal, a French 3i and TCR Capital portfolio company, has acquired US-based measurement services company Dynamic Technology.
EdRIP invests €2.5m in Aventi
Edmond de Rothschild Investment Partners has taken a 29% stake in film distributor Aventi for €2.5m.
Techfund et al. invest €2.5m in Polyplus
Techfund Capital Europe several and several CIC investment arms have provided French biotech company Polyplus-transfection with €2.5m of funding.
Credit Agricole PE sells stake in Altrad
Crédit Agricole Private Equity has sold its minority stake in French construction supplies company Altrad back to its founding manager.
French private equity: 2010 in review
Unquote looks back at the key events of 2010 for the French private equity market.
Azulis Capital leads Brunel SBO
A private equity consortium led by Azulis Capital has acquired household cleaning products manufacturer Brunel from ING Parcom, Abénex Capital and CIC Investissement Nord.
ERCP-backed Viadom acquires 66.6% of Merci Plus
Edmond de Rothschild Capital Partners (ERCP) portfolio company Viadom has taken a 66.6% stake in listed home help services provider Merci Plus Groupe.
Sofinnova promotes two team members
Venture firm Sofinnova Partners has promoted Rafaèle Tordjman from partner to managing partner and Alessio Beverina from principal to partner.
FSI and Euromezzanine take minority stake in Carso
FSI and Euromezzanine have taken a minority stake in French analytical services providers Carso, while 3i and Siparex fully exited the company.
France unquote" January 2011
After the completion of Picard Surgelés’ €1.5bn buyout by Lion Capital this summer, France is now awaiting its next large-cap deal in the shape of yoghurt maker Yoplait. A PAI spokesperson has confirmed the upcoming start of the formal sale process.
Cobalt acquires Barat Group
Cobalt Capital has acquired French commercial labels producer Barat Group from the Letellier family for an undisclosed amount.