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France unquote

Euro-denominated fundraising
Eurazeo holds €500m final close for Eurazeo Capital II

Vehicle targets growth capital injections across GP’s portfolio companies

  • Funds
  • 06 January 2017
Wedding shows and fashion exhibitions
Socadif, BPI France sell Eurosites via trade sale

GPs fully exit the French event organiser after five-years at the helm

  • Exits
  • 05 January 2017
Frozen foods retailed in supermarkets
Ardian takes minority stake in Piz’wich

GP acquired its stake in the company through ist 2014-vintage Ardian Croissance Fund

  • Expansion
  • 05 January 2017
Building materials and construction services
Bain to acquire Consolis from LBO France

Proposed deal is expected to complete in Q1 2017 and follows a 10-year holding period for the vendor

  • Exits
  • 28 December 2016
Astorg to buy Kerneos
Deal in Focus: Astorg sells Kerneos to Imerys for €880m

Sale of the specialised chemicals company follows a three-year holding period in which the group invested in new ventures and made bolt-ons

  • Exits
  • 22 December 2016
Accounting software and business resource management
Equistone sells Meilleurtaux.com to Goldman Sachs

Goldman Sachs takes over holding company Finizy, which includes five different brands

  • Exits
  • 22 December 2016
Non-durable medical devices
MVM Life Science Partners injects €7.5m into Valneva

Previous investors BPI France and Groupe Grimaud will respectively retain 9.6% and 15.6% in the group

  • Expansion
  • 21 December 2016
Money raised in euros
Access Capital holds €343m first close for Fund VII

Fund's predecessor closed on €644m in May 2015, exceeding its €500m target

  • Fund-of-funds
  • 21 December 2016
restaurant-table
Naxicap takes over Ecotel Chomette Favor

Naxicap is acquiring the group from Weinberg Capital Partners, Initiative & Finance, Salver and Five Arrows

  • Exits
  • 20 December 2016
Construction management software and architecture design
Naxicap to acquire Sogelink from Keensight Capital

Keensight had co-acquired a stake in the group alongisde Fondations in 2013

  • Buyouts
  • 20 December 2016
Aerospace parts and long distance logistics
Stirling Square Capital acquires AD Industrie

Acquisition marks the exit of previous owners Ingefin, BPI France and GE Capital

  • Buyouts
  • 19 December 2016
Ice cream
Argos Soditic backs Destiny Foods and CDD merger

Transaction marks the GP's last investment with Fund VI; Fund VII held a first close in November

  • Buyouts
  • 16 December 2016
Dragonflies and insect farms
Future Positive, BPI France in €14.2m round for Ynsect

New funding round brings total raised by the startup to €35m over the last two years

  • Expansion
  • 15 December 2016
European fund raise
Alven Capital V closes on €250m hard-cap

Fund size has more than doubled compared to previous generation, Alven Capital IV, which closed on €120m in 2013

  • Venture
  • 15 December 2016
Internet of things
A Plus and Capital Export in €5.2m round for Adeunis RF

Latest funding round brings total raised by the startup to €9.8m.

  • Expansion
  • 15 December 2016
Shipping and propulsion systems
Partech Ventures in €30m round for EcoVadis

New funding round brings the total raised by the startup since inception in 2007 to $35.7m

  • Expansion
  • 14 December 2016
Money raised in euros
CIC Mezzanine 4 closes on €300m hard-cap

Fund's previous generation, CIC Mezzanine 3, gathered €180m in 2013 and is now fully deployed

  • Funds
  • 14 December 2016
Bakeries and automated systems for food production
Argos Soditic buys Sasa Demarle from Weinberg Capital

Weinberg took a majority stake in the group in a deal valued at €92.6m in 2007

  • Buyouts
  • 13 December 2016
Astorg to buy Kerneos
Astorg sells Kerneos to Imerys for €880m

Entreprise value represents an 8.8x EBITDA multiple and is expected to close in summer 2017

  • Exits
  • 13 December 2016
Cosmetics displays and retail
MBO Partenaires takes 70% stake in Cosmogen

GP first acquired a 51% stake in Cosmogen's parent group Alkos in 2014

  • Buyouts
  • 12 December 2016
Enterprise software and business consultancy
Isatis backs Daveo's MBO with €3m

Deal marks first investment by small-cap buyout fund Crescendo, which held a €42m first close this year

  • Buyouts
  • 09 December 2016
Olivier Quenardel of Canopia Capital
Canopia Capital hires Quenardel for investment team

GP continues building its team following its name change from Corvm Capital in September

  • People
  • 08 December 2016
European technology fundraise
Partech holds final close for Entrepreneur II on €100m

Total of €30m has already been deployed in 53 transactions

  • Venture
  • 07 December 2016
Video content hubs and portals
Seventure sells MinuteBuzz shares to TF1

French media group TF1 has acquired a shareholding of more than 50% in the group

  • Exits
  • 06 December 2016
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