France unquote
Ares Life Sciences to take Stallergenes private
Ares Life Sciences has agreed to buy 45.6% of listed French biopharma Stallergenes from Wendel, and plans to file a mandatory takeover offer for all the remaining shares.
Bain considering FCI IPO
Bain Capital is considering an IPO for its French portfolio company FCI, according to reports.
XAnge and Promelys invest €2.95m in Sport Universal Process
XAnge and Promelys Participations have invested €2.95m in French technology company Sport Universal Process.
Audacia invests in Storvision
Audacia has provided French CCTV solutions manufacturer Storvision with €2m of growth capital funding.
Truffle Capital invests €7.5m in three energy companies
Truffle Capital has invested a total of €7.5m in three French energy companies – Neelogy, Acerde and Actility.
Sofinnova's STENTYS IPO raises €22.7m
Sofinnova Partners' portfolio company STENTYS has raised up to €22.7m through an IPO.
Naxicap invests €1m in Xynergy
Naxicap has invested €1m in newly-created French healthfood company Xynergy.
IK Investment Partners acquires Snacks International
IK Investment Partners has taken a majority stake in French food company Snacks International, for an undisclosed amount.
LFPI et al. acquire Aurénis
LFPI, Edmond de Rothschild Investment Partners (EdRIP) and Barclays Private Equity (BPE) have backed the management buyout of French publisher Aurénis.
French venture: Retail funds under threat
France’s FCPI and FIP funds, two tax-efficient retail vehicles created to promote venture investments, are currently being overhauled by the legislator. While the proposed 2011 budget grants them a new lease of life, a number of changes are bound to...
Ashurst appoints new lawyer in fund formation team
The Paris office of law firm Ashurst has appointed Tiana Rambatomanga as a senior lawyer in the fund formation team.
Bridgepoint and Apax acquire two jewel retailers for €600m
Bridgepoint and Apax Partners have acquired French jewellery retailers Histoire D'Or and Marc Orian from Silverfleet Capital and Qualium Investissement, in a deal that values the new group at €600m.
AXA Private Equity takes over Natixis private equity arms
AXA Private Equity has completed the acquisition of portfolios managed by iXEN Partners, NI Partners and Initiative & Finance from Natixis for €507m.
Idinvest mezzanine fund reaches €167m first close
Idinvest Private Debt has reached first close on €167m and aims to raise €250m by the second half of 2011.
ISAI closes maiden fund on €35m
ISAI has announced the second and final close of its internet venture fund ISAI Développement on €35m.
Sopromec and BTP Capital back Charles Service MBI
Sopromec and BTP Capital have backed the management buy-in of forklift rental company Charles Service with a €170,000 investment.
Sopromec invests €300,000 in Alterpro Energie
French venture firm Sopromec has provided alternative energy company Alterpro Energie with €300,000 of funding.
Idinvest appoints three partners
Idinvest Partners, formerly known as AGF Private Equity, has appointed Jean-Philippe Boige, François Lacoste and Christophe Simon as partners.
Demeter Partners backs Neotek-Ponsel buy-out
Demeter Partners has purchased Neotek-Ponsel, the environmental division of Neotek S.A.S., as part of a management buy-in.
WSA Avocats boosts team with six appointments
French law firm WSA Avocats has appointed six new associates, including three in its private equity team.
Naxicap invests in Laboratoire Gravier
Naxicap Partners has taken a minority stake in France-based Laboratoire Gravier, a manufacturer of organic cosmetics and cleaning products.
Naxicap injects €1.5m into Diamoco
Naxicap Partners has invested €1.5m in French oil equipment and services group Diamoco.
French buyouts paint new picture of recovery
The French buyout market has been slower to stir compared to the UK, Germany and even the Nordics this year. Nevertheless, a surge in activity witnessed during the summer, as well as the return of sizeable upper mid-market deals, leave industry players...
123Venture injects €1.6m in Sorec
123Venture has provided French furnishings company Sorec with €1.6m of funding.