Shored up by an uptick in mid-market buyout activity, French dealflow has shown encouraging signs of recovery in May. But subdued activity in the first months of 2012 and a lack of visibility on macro-economic trends should take their toll on year-end figures.
GP also announced the refinancing of online gardening retailer YouGardem, scoring a 60% cost return
CDP Venture and Tim Ventures take part in the round, alongside Club Digital and Club Italia Investimenti 2
Deal is the second from Bid Equity II, which held a close in November 2019 and targets B2B software
Early-stage investor Italian Angels for Growth and Swiss holding company Brahma also take part in the round