BNP Paribas
Ross joins IAG
Former BNP Paribas sales manager Alan Ross joins as commercial director
CM-CIC et al. invest €22.4m in MDA
Ixo PE and Crédit Agricole Régions Investissement also take part
LBO France buys Fournitures Hospitalières
GP carried out the deal via €154m small-cap Hexagone III fund
IK Partners refinances Solina debt
Refinancing follows company's purchase of SFK Foods from Odin
VC-backed eNovance acquired by Red Hat
eNovance shareholders will receive €20m of Red Hat shares
CVC's Cerved targets €1.3bn valuation at IPO
Company to use proceeds to pay down debt
Ardian's Novacap in €310m refinancing
Company also secures €65m super-senior revolving credit facility
Glennmont secures €50m from EIB
BNP Paribas private equity spinout Glennmont has received тЌ50m from the European Investment Bank (EIB).
AIFMD depositary services: banks vs. boutiques
AIFMD depositary
BPI France's Cassiopae makes two bolt-ons
BPI France Ile-de-France and BNP Paribas Développement have supported portfolio company Cassiopae’s acquisitions of Germany-based Singhammer dtSoftware and the Crédito division of Brazil-based Disoft Solutions.
Flying the nest: New wave of French spinouts
Following a decade of French spinouts from banks and insurance companies, the last few weeks have seen some of the most high-profile carve-outs to date. Greg Gille reports
Isatis injects €2.4m into Ispa MBO
Isatis Capital has invested €2.4m in the leveraged management buyout of French project management consultancy Ispa Consulting, in what marks the GP's last deal under the BNP Paribas Private Equity moniker.
Sagard invests in Santiane
Sagard has taken a minority stake in French online insurance broker Groupe Santiane, while previous backer BNP Paribas Private Equity has exited the company.
BNP Paribas carves out direct PE arm
Team members of BNP Paribas Private Equity have created a new company to manage the GP's direct funds, while the French bank will remain in control of the funds-of-funds business.
Sector focus: Is the sun setting on renewable energy?
Sector focus: Renewables
Bregal buys Ideal Stelrad despite RBS backlash
Bregal Capital has acquired boiler and radiator company Ideal Stelrad, despite attempts by RBS to block the ТЃ230m deal.
Glennmont holds first close on €200m
Glennmont has held the first close of its second fund, Glennmont Clean Energy Fund Europe II, on тЌ200m.
Siparex acquires Grontmij division for €71m
Private equity firm Siparex has acquired CEBTP, the French monitoring and testing business of Grontmij, for €71m.
Odyssée et al. back eNovance
Odyssée Ventures and Entrepreneur Venture have backed eNovance, a provider of open-source cloud computing, with a €6m investment alongside banks BNP Paribas and Oséo.
Fortis PE and Next Invest sell Arets to Toyo Ink for €10m
Fortis Private Equity and asset manager Next Invest have sold their joint 100% stake in Belgian ink manufacturer Arets International to Japanese ink company Toyo Ink Group for €10m.
BNP Paribas et al. invest in Systar
Systar, a French provider of operational intelligence software, has completed a €2.35m private equity offering.
EdRip and BNP Paribas to back RBI spinout
Edmond de Rothschild Investment Partners (EdRip) and BNP Paribas Développement have entered exclusive negotiations to back the management buyout of French media group Reed Business Information (RBI) from its parent company Reed Elsevier.
Argos Soditic buys FIS and Antex
Argos Soditic has acquired a majority stake in Italian firms FIS and Antex, which operate human resources and finance and administration outsourcing services, through the newco Fahr Servizi.
BNP spin-out spawns Glennmont
BNP Paribas has become the latest bank to shed its private equity unit, as its clean energy division spins off to become Glennmont Partners.