France unquote
MBO Partenaires buys BCF Life Sciences
GP takes over from Céréa Capital and Sodero Gestion, investing alongside management
PE-backed SGH Healthcaring buys Rovipharm and RR Plastiques
SGH Healthcaring's double-acquisition is supported by a Bluebay financing package
France Invest seeks to capitalise on Macron's reforms
Trade body's newly appointed chair discusses plans to capitalise on reforms and bolster the popularity of the PE ownership model
Omnes et al. in series-B round for Tiller
GPs will provide a €12m equity ticket and can deploy up to €8m in the next 18 months
EQT, PSP Investments buy Azelis in >€2bn deal
Apax is likely to generate a multiple in excess of 3.5x on the sale of its majority stake
Irdi Soridec, Axeleo Capital back Adagio
First round of funding from VC firms sees the startup rebrand from Onfocus to Adagio
MBO Partenaires buys-back Groupe LT
GPs Arkéa Capital, Amundi Private Equity and CEO Eric Van Acker acquire minority stakes
Trocadero et al. back Escalotel
Consortium of investors acquire the family-owned AccorHotels franchise business
FNB Private Equity buys Sud-Ouest Lartigue et Fils
French GP completes its second investment while approaching a final close for its maiden fund
CVC's Delachaux foregoes IPO, acquired by CDPQ
Although an IPO price range was announced last week, CDPQ ultimately acquires the business
Firstminute holds final close on $100m for seed fund
Follows a $60m first close in June 2017, and a second close on $85m in September
Argos acquires Factum from Naxicap et al.
Deal for the equipment leasing company brings to an end an 11-year holding period for Naxicap
Ardian's Gaillard takes over as France Invest chair
Dominique Gaillard will chair the French PE trade body for two years, taking over from Olivier Millet
Omnes et al. back Mistral MBI
Transaction is the first investment from Omnes Capital's small-cap Omnes Expansion III fund
Omnes holds €30m first close for Omnes Expansion III
Omnes' third small-cap vehicle receives €30m in commitments from historic backer LCL
Isatis Capital, Entrepreneur Venture back Everwin MBO
Management team acquires a majority stake in France-based software publisher Everwin
Cobalt Capital sells Eurodommages in SBO
Qualium Investissement to buy Eurodommages, a France-based automotive insurer
Eurazeo et al. invest in Back Market
Investors inject €41m into Back Market, a retailer of refurbished electronic devices
CM-CIC, Sodero back Cine Digital Service MBO
MBO sees newly appointed managers Cédric Aubert and Etienne Roux acquiring stakes
Iris leads €15m series-A for Exotec
Existing investors 360 Capital Partners and Breega Capital also take part in the financing
LBO France buys My Media Group
GP draws capital from White Knight IX to invest in the French communications group
Ring Capital holds final close for €165m maiden fund
Vehicle surpasses its €150m target, having held a first close in January on €140m
Idinvest hires former Balderton principal Debock
Investment director Debock will follow venture capital investments in France and Europe
Ardian, Edmond de Rothschild exit Siaci Saint Honore
Charterhouse takes over, acquiring a minority stake in the insurance brokerage business