France unquote
IK Partners sells Recocash to Qualium Investissement
Deal marks the third exit from IK Small Cap II, which is at least 93% deployed
LGT's Batisanté draws interest from multiple sponsors in hotly contested sale
GPs including Chequers, Equistone, IK, Latour and Naxicap are circling the LGT-backed firm
Capital Croissance gears up for Smart AdServer exit
GP bought a majority stake in the France-based digital advertising platform from Cathay in 2021
Inovexus gears up for seed investments in AI, blockchain, metaverse startups
Evergreen fund's LPs include Crédit Agricole, according to Inovexus CEO and founder Philippe Roche
Bridgepoint in exclusivity to acquire G Square's Dentego
Mergermarket reported that sponsors including Ardian, BC, Eurazeo and IK showed interest in the asset
Gimv forms digital marketing agency Olyn
Company is built through four assets; will pursue further acquisitions locally and abroad
Advent buys Mangopay, Leetchi
Deal adds to GP's 17 fintech assets including Planet and Medius; sponsor has invested USD 6.5bn in fintech since 2008
Access holds EUR 375m first close for ninth flagship fund
Managing partner Philippe Poggioli speaks to Unquote about the Access Capital Partners' small-cap buyout fund-of-funds strategy and the GP's latest fundraise
CVC dribbles past Silver Lake, Oaktree, H&F to score Ligue 1 deal
Deal for 13% in French football league commercial arm will add to sponsor's collection of sports assets
Equistone considers moving Sicame to continuation fund
GP is also studying a potential refinancing of the French electricity distribution products and services provider
DiliTrust backed by Eurazeo, Cathay, Sagard Newgen in EUR 130m deal
Transaction will see Calcium Capital exit the French corporate governance services provider; Eurozeo to contribute with EUR 52m
BEX Capital raises USD 765m for Fund IV
Secondaries fund-of-funds remains open for no-fee, no-carry investments from NGOs and non-profits
Initiative & Finance eyes EUR 350m fund close ‘as soon as possible’
French GP will seek to expand LP base internationally as travel restrictions ease and meetings in person resume
Gimv exits Wolf Lingerie in NextStage-led SBO
French GP is joined by BNP Développement and BPI in investment for lingerie maker
Eurazeo PME to launch Redspher sale advised by Transaction R
Formerly known as Flash Europe, the French transportation business will be marketed off around EUR 20m EBITDA
Eurazeo seeks global expansion as industry consolidation intensifies
Speaking at firm's new London office, executive board member Marc Frappier tells Unquote about plans to acquire in Europe and the US
Motion readies Minlay for sale advised by Natixis Partners
Apax, Charterhouse and IK are eyeing the French dental prosthetic devices company
Triago appoints four to advisory board
New board comprises industry experts Theresa Whitmarsh, Pierre Sauvagnat, Roger Gray and Dave Brown
IK small cap fund invests in Sofia
The company has EUR 20m of revenue.
Naxicap sells Ondura to Kingspan in EUR 550m deal
GP bought the roofing business in 2017 via a EUR 220m SBO from Abénex and Astorg
Columna invests EUR 150m in SanteVet
The GP has owned a majority in the pet insurance specialist since 2017
Apax France promotes Capelle to partner in tech, telecoms team
Private equity firm's 14th partner heads a team of 12 to cover the technology and telecoms sectors in Europe
Naxicap aims for Eureka Education sale process by Q3
Advisers are yet to be hired for the auction, which is one of the most anticipated in the French education sector
Astorg closes Mid-Cap Fund on EUR 1.3bn
Fund will target EUR 150m-500m EV deals, expanding on Astorg’s current flagship strategy