France unquote
Montefiore Investment buys QCNS Cruise from Duke Street
Duke Street acquired a majority stake in QCNS Cruise in 2011, with Kings Park Capital as co-investor
Sofinnova promotes Seghezzi to managing partner
Graziano Seghezzi joins existing managing partners Antoine Papiernik, Denis Lucquin and Monique Saulnier
French PE urged to help mend country's social divide
Panellists at the annual Afic confrence agree private equity has a large part to play in helping the country's dispossesed
Demeter, Innovacom and Kreaxi in €10m round for I-Ten
Three GPs first invested in I-Ten in 2014, injecting €3.2m into the group
Capzanine backs Moving OBO
Previous investor Développement & Partenariat is exiting the group, while M Capital Partners stays on
Aurelius acquires majority stake in catamaran maker Privilège
Privilège will share production resources with Aurelius portfolio company HanseYachts
M Capital, Normandie Participations lead €4.7m Robocath round
Backers are joined in the round by previous investors Go Capital and NCI Gestion
Bain Capital fully exits Maisons du Monde
GP had already sold around 7 million shares in March, representing around 15.5% of the share capital
Activa appoints Govare as industrial committee chair
Xavier Govare leaves Labeyrie Fine Foods to join the French GP's industrial committee
Sodero Gestion backs MBI of Mobil M
Sodero Gestion invests alongside new company head Mikaël Le Gall and takes a minority stake
Apax buys Ciprés Assurances from TA
Apax France closed its latest fund on its €1bn hard-cap in March
Deal in Focus: Eurazeo buys Mondelēz confectionery arm for €157m
Following the deal, the company's international production will be relocated to France
Advent in exclusivity over IPH acquisition from PAI
Following the proposed deal, IPH would merge with UK-based Advent portfolio company Brammer
EdRip sells Itesa to CM-CIC Investissements
EdRip had invested in Itesa via the €112m small-cap buyout and growth capital vehicle Cabestan Capital I
Naxicap-backed SushiShop in €60m refinancing
Naxicap Partners took a 25% minority stake in the group in 2011 by taking part in a €32m expansion round
Entrepreneur Venture in €6m round for EasyRecrue
Entrepreneur Venture is the latest funder to back EasyRecrue, after Elaia Partners and BPI France
Abénex invests in Europa Organisation
Events business will look to make bolt-ons and launch new conferences following the deal
PAI enters exclusivity with Ergon for EliTech SBO
Ergon bought the medical equipment maker in 2010 in a deal valued at more than €100m
Ardian invests in Abvent
Ardian invested through its Expansion Fund IV, which closed last year on €1bn
Apax France et al. sell down remaining stakes in GFI
Qatar-based Mannai Corporation will increase its holding in the French IT business from 51% to 95%
Ardian takes 60% stake in Global Product Solutions
Ardian invests through its mid-cap buyout arm, for which it recently closed Ardian LBO Fund V on €4.5bn
NextStage acquires NaturaBuy
Online marketplace had been backed by publishing house Mondadori France since 2012
Extens et al. take majority stake in Snal
Extens, Capital Croissance and BPI France together hold around 75% of the group's equity
Hivest Capital Partners closes maiden fund on €120m
Hivest Capital Partners was launched at the end of 2016 by two former HIG Capital executives