France unquote
Azulis closes MMF 6 on EUR 280m
MMF 6 is already 22% deployed, having invested in four companies in 2021
Astorg Partners invests in Armor Iimak
Auction process for the packaging-printing specialist kicked off in early November 2021
Tikehau Ace Capital buys PCB manufacturer Elvia
Elvia is the largest printed circuit board manufacturer in France, according to the acquiring GP
Tikehau, Abénex in exclusivity for Proprietes-privees
Sparring Capital first acquired the France-based real estate selling platform in 2016
General Atlantic leads EUR 254m round for PayFit
HR and payroll software developer is valued at EUR 1.82bn; its existing backers include Eurazeo and Accel
Cegid sponsor could pursue IPO among mid-term exit options
Mandates could be awarded in the first half of next year, one source says
MBO & Co closes fifth fund on EUR 320m
GP's latest SME-focused fund took six months to raise and closed above its target
PAI sells Asmodee to Embracer in EUR 3bn deal
EBITDA for the France-based games business has risen from EUR 90m to EUR 240m under PAI's ownership
Ardian, Cathay buy listed Artefact
Ardian is investing in the data consulting and digital marketing company via its Expansion strategy
Sale of LBO France's Payot gets under way
French skincare company, founded in 1920, generates around EUR 5m in EBITDA
La Maison Bleue sale on ice following lacklustre first round
Process is likely to be resumed later in 2022, one source says
Proprietes-privees.com attracts several PE players ahead of first-round bids
Alantra is advising vendor Sparring Capital on the sale of the real estate online platform
PE heavyweights line up for EUR 1.5bn Ligue 1 stake – report
French league's auction is expected to wrap up by the start of the second quarter
Asmodee draws Carlyle, Embracer Group in final stages
CVC and KKR, previously reported as potential bidders, are no longer involved
Tikehau fully exits Eurazeo
Asset manager nets a 10.7% IRR on the investment in its listed peer
Vivalto Partners buys majority stake in Vivalto Santé
New investors IK Partners and Hayfin are backing the deal, as well as incumbents such as Mubadala
Supernova Capital aiming to raise EUR 250m by end of 2022
VC is also considering launching a new fund, Supernova 3, by Q1 2023
Partech closes second growth fund on EUR 650m
Second vehicle is significantly larger than its predecessor, Partech Growth I, which raised EUR 400m in 2015
First bids due for TA's Laboratoires Vivacy
TA Associates made an undisclosed investment in Vivacy in 2019
LBO France buys ID Market, Sourcidys
GP is investing via its Mid Cap strategy and will merge the B2C and B2B home and gardening retailers
Naxicap explores sale of Ondura
French roofing and building waterproofing specialist generates around EUR 60m in EBITDA
La Maison Bleue piques sponsor interest as auction kicks off
Ardian is considered to be a keen bidder given its interest in the sale of nursery business Grandir
G Square transfers ISPS to new fund after sale talks with PAI collapse
Sponsor refinanced the business with incumbent lender CVC and another direct lender as part of the transfer
French IPO pipeline heralds solid 2022 after record vintage
Wave of French IPOs seen this year is not abating in 2022, advisers say, as the recent record vintage comes to a close