France unquote
ISAI hold €24m close of venture fund
ISAI, launched in 2008, has held a first close of €24m of its ISAI Developpement fund.
CDC Enterprises in $18m round for biospace med
CDC Entreprises, (acting on behalf of the Strategic Investment Fund -SIF), has participated in an $18m round for biospace med alongside existing investors Edmond de Rothschild Investment Partners, Crédit Agricole Private Equity, UFG Private Equity, NBGI...
Siparex stage OBO of Passman
Siparex has invested via an OBO deal in Passman, a company specialised in internet access solutions for the hotel industry.
Permira and AXA circle Go Voyages
Permira and AXA Private Equity are in a final run off to acquire Go Voyages, an internet company, for between €300-400m from shareholders Financière Agache (held by the Arnault group), Compagnie Nationale à Portefeuille and Albert Frère who own a...
21 Partners hold €300 second close of fourth fund
21 Partners has held a second close of 21 Centrale Partners IV just over €300m.
Vespa Capital backs MBO of SDS
Vespa Capital has staged a management buyout of SDS, a company focused on the production of spare parts for the household good sector. Debt for the transaction was provided by Crédit du Nord, LCL and CCSO.
Sun European bids for Rio Tinto’s Alcan Beauty
Private equity investor Sun European Partners has made a binding offer to acquire Alcan Beauty Packaging from Rio Tinto.
OFI acquires additional 22% stake in Dessange
OFI Private Equity Capital has acquired a further 21.61% of the share capital of Dessange International from the founding owner Jacques Dessange.
EdRIP purchase 25% holding in Geotec
Edmond de Rothschild Investment Partners (EdRIP) has acquired a 25% stake in Geotec Group, an industrial services company, in an OBO deal.
Sigma leads investment round in Lekiosque.fr
Sigma Gestion has led a first round of financing in Lekiosque.fr, an online publisher, by providing over >€1m alongside returning investors, a family office and private individuals.
Oddo PE injects ActivNetwork with €2.5m
Oddo Private Equity has led a €2.5m investment in ActivNetwork, a technology company, alongside Bouygues Telecom Initiative.
KKR sells 4.4% stake in Legrand
KKR is to sell a 4.4% stake in Legrand, an electrical equipment company.
Astorg sells Geoservices to Schlumberger
Astorg Partners has sold French oil-field services firm Geoservices to Schlumberger in a deal valuing the company at $1.07bn.
Siparex to acquire part of UFG PE
Siparex, parent company of Sigefi Private Equity, is in exclusive negotiations with UFG-LFP to acquire part of its UFG Private Equity division.
Eurazeo appoints new board member
Eurazeo has appointed Fabrice de Gaudemar as a member of its executive board. He bas been a member of Eurazeo's Executive Committee since 2007, and is a member of Europcar Groupe's Board of Directors as Eurazeo's representative.
Avenir supports Initiatives & Energies Locals
Avenir Entreprises and Esfin Participations have invested in Initiatives & Energies Locals, a company specialsed in green energy solutions.
Elliot Advisors et al. support new €8m investment in Tagsys
Elliot Advisors, Endeavour Vision, Add Partners, DFJ Esprit and Saffron Hill Ventures have provided Tagsys, a semiconductor company, with an € 8m investment in a D-round of financing. The company has previously received $80m in investments.
France unquote March 2010
The industry expected 2010 would bring a few more exits to the table. For a while there was reason for these hopes to be high and many appeared to toy with the idea of IPOs returning. However, only some materialised often failing to meet expectations....
360° CP invest € 2m in Smartdate
360° Capital Partners has provided Smartdate, an online dating website, with a € 2m investment. The company had previously received $400,000 from four business angels.
Perceva invests in Dalloyau
Perceva Capital has taken a 50% stake in luxury food producer, Dalloyau. The financial details of the transaction have not been disclosed.
Cinven to buy Sebia from Montagu
Cinven is set to buy French medical diagnostic company, Sebia, from Montagu Private Equity in a secondary buyout deal reportedly valued at €800m.
IDI promotes Nourissat to general secretary
French private equity group IDI has promoted legal counsel Tatiana Nourissat to general secretary.
IDI buys AGF Private Equity
IDI Group has wholly acquired AGF Private Equity, a French fund-of-funds and VC portfolio management company, from Allianz France.