France unquote
Canadian pension funds invest in Ardian-backed Fives
LBO sees PSP and CDPQ back French engineering firm Fives, with Ardian reinvesting
PAI buys Albéa from Sun European
Sale comes a year after the collapse of an auction led by strategic bidder RPC
Eurazeo enters exclusive discussions for Idinvest deal
Rumours of a deal between the two asset managers emerged back in mid-December
Tech gains traction in French private equity
Expansion deals and small-cap buyouts fuelled a strong 2017, with tech proving increasingly popular among buyout houses
Equistone acquires French spirits business Dugas
Equistone invests alongside the management team, led by the founder, and Chevrillon Group
French PE-backed firms still outperform rest of economy – study
2009-2016 cumulative job creation rate also far exceeded that of the wider economy, Afic says
Newfund invests €1.2m in LoginChinese
Newfund acquires a minority of shares in the Chinese-teaching app developer
CDC IC, RDIF inject €10m into Olmix
Russian investment fund and French state investment arm extend their partnership to smaller deals
Qualium hits €370m mark for Qualium Fund II
Qualium Fund II surpasses its €350m target and looks to continue fundraising in 2018
EMZ Partners reaches €815m hard-cap
EMZ 8 surpasses its target and raises €120m more than its predecessor
Abénex, Astorg sell Onduline to Naxicap
Company's management team, led by Richard Seguin, will retain a minority stake alongside Naxicap
LBO France carves out Crouzet
French manufacturer of automation components Crouzet is carved out of PAI's InnoVistaSensors
FCDE buys 70% of Utac Ceram
Transaction includes mezzanine financing provided by Tikehau and other debt by BNP Paribas
Capzanine hires TCR's Bernez
Former TCR Capital managing partner will focus on managing Capzanine 4 Sponsorless fund
Ardian sells infrastructure fund to APG and Axa
Both APG and Axa were previously LPs in the fund, which Axa Private Equity closed in 2007
TDR Capital buys Touax Solutions Modulaires
UK-based TDR Capital uses Paris-based holding company WH Bidco for the acquistion
Eurazeo in talks to buy Idinvest
Investment company Eurazeo looks into buying majority stake in French GP Idinvest
21 Centrale's DL Software bolts-on Futurosoft
21 Centrale Partners-backed DL Software acquires French software publisher Futurosoft
Industries & Finances-backed Calliopé bolts on IT businesses
Industries & Finances injects capital in Calliopé to make the Titanium and Groupe Diagonal bolt-ons
CM-CIC's SFPI acquires Silac
Deal is part of a consolidation strategy announced by CM-CIC at the time of the SFPI acquisition
BPI France to launch medtech fund
GP announces the launch of a €50m fund supporting healthcare tech startups at seed stage
Weinberg sells Climater to Sagard
Climater intends to pursue market consolidation in France with further acquisitions
Omnes launches early-stage tech fund
Omnes Real Tech will be dedicated to European startups and will target between €100-150m
Bridgepoint-backed Primonial buys 40% of LFDE
Financière de l'Echiquier will take over Primonial's asset-management activities