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21 Centrale Partners

Bolt-ons and buy-and-build platforms
The Bolt-Ons Digest – 11 November 2022

Unquote’s selection of the latest add-ons including Hg and ICG's Iris, Inflexion's THE, Bain's House of HR and more

  • GPs
  • 11 November 2022
French funds and regulation
21 Invest France closes fifth fund on €230m

Fund comes short of target but LPs agree to commit an extra €70m via co-investment programme

  • Funds
  • 05 December 2018
New hires and promotions
21 Centrale Partners hires Cathay's Chatain as principal

In her new role, Chatain will work on the sourcing and investment of 21 Centrale's portfolio

  • People
  • 22 May 2018
European fund raise
21 Centrale Partners V reaches first close on €200m

Announced in Q3 2015, 21 Centrale Partners V should close in Q3 2018 on around €300m

  • Funds
  • 12 March 2018
Motorcycle gear
21 Centrale's DL Software bolts-on Futurosoft

21 Centrale Partners-backed DL Software acquires French software publisher Futurosoft

  • Portfolio management
  • 11 December 2017
Laboratory blood and DNA testing
21 Centrale's Synerlab secures €160m refinancing

Group raises €160m of fresh debt from current backer ICG and new partner Goldman Sachs

  • Refinancing
  • 18 July 2017
Jewellers and engagement rings
Terra Firma in €15m refinancing for 21 Centrale’s Cleor

Transaction is the second refinancing backed by Terra Firma in recent weeks, following Sportgroup

  • Refinancing
  • 16 June 2017
Hors d'oeuvres and luxury catering
EdRip, AccorHotels to acquire Potel & Chabot from 21 Centrale

21 Centrale backed the group's management buyout in 2007, acquiring Bongrain's gastronomy subsidiary

  • Buyouts
  • 28 March 2017
Software developers and coding specialists
21 Centrale Partners to acquire DL Software

French branch of pan-European GP 21 Partners intends to take the company private upon the deal's completion

  • PIPEs
  • 24 February 2017
Bakeries and automated systems for food production
21 Centrale-backed DGF bolts on Val de Seine, refinances debt

Permira provides a €62m unitranche to the French food manufacturer as it bolts on a competitor

  • Portfolio management
  • 04 November 2016
Loi Hamon sparks a storm among French business community
French PE: dealing with rising transaction costs and valuations

Extensive due diligence and increased valuations reflect the country's increasingly complex and competitive deal-making environment

  • France
  • 27 September 2016
Fabrice Voituron of 21 Centrale Partners
21 Centrale promotes Voituron and Vigneron to partners

Paris-based 21 Centrale has promoted Fabrice Voituron and Antoine Vigneron to partner

  • Industry
  • 20 September 2016
Internet banking
21 Centrale reaps 8.5x return in Digital Virgo exit

Digital Virgo was created in 2008, when the GP re-invested in Jet Multimedia group

  • Exits
  • 02 September 2016
Ligier manufacture electric cars
Siparex buys Ligier Group from 21 Partners

21 Partners had acquired a 75% stake in the recreational vehicles group in 2008

  • Buyouts
  • 24 August 2016
Gym equipment
LFPI acquires CMG Sports Club from 21 Partners

French fitness group CMG spent eight years under 21 CP's ownership

  • Buyouts
  • 26 May 2016
Traditional Italian tiramisu
21 Partners-backed Forno d’Asolo acquires La Donatella

Deal marks the first acquisition for Forno d’Asolo since 21 Partners' investment in 2014

  • Portfolio management
  • 01 April 2016
21 Partners backs MBO for Impact

Closing investment for GP’s €380m fourth fund

  • France
  • 28 September 2015
21 Concordia holds €100m final close

Poland-focused vehicle closes shy of €150m target

  • CEE
  • 18 September 2015
Francoise Gri of 21 Centrale Partners
Gri appointed to 21 Partners' supervisory board

Firm recently sold Vacalians to Permira in €400m SBO

  • France
  • 09 June 2015
Permira buys Vacalians from 21 Partners

Purchase follows Permira's €600m acquisition of GFKL last week

  • France
  • 26 May 2015
21 Centrale-backed Vacalians bolts on Canvas and CIAT assets

Deal expands company's portfolio to 44 European campsites

  • Portfolio management
  • 05 February 2015
21 Partners invests in EGB

Firm acquires 58.8% stake in listed business

  • CEE
  • 21 July 2014
Qualium to sell DGF to 21 Centrale Partners

21 Centrale set to take majority stake in secondary MBO

  • Buyouts
  • 18 July 2014
Eurazeo’s Vignal bolts on 21 Partners’ ABL Lights

Eurazeo provides additional €15m to finance the deal

  • Exits
  • 17 April 2014
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