BPI France
Siparex kicks off Midcap 4 fund deployment as fund nears EUR 250m target
French glass processing company Cevino Glass marks first investment from EUR 220m fund, which is expected to meet its EUR 250m target by year-end or early 2024
MML buys majority stake in sponsor-backed Freeland
Existing investors IDI and Chevrillon will reinvest in the France-based freelance HR and IT platform as part of the SBO
PE-backed Sabena Technics to hit the auction block this year
MRO group owned by Sagard, Towerbrook and Bpifrance could be marketed off EUR 80m EBITDA
Eurazeo, GA-backed Doctolib weighs growth financing options
Appointment booking platform is holding preliminary talks for its next growth milestone
MML, Metric Capital unite to acquire GPS in EUR 260m deal
Deal follows exit of investors including Arkéa Capital, who backed the French reusable packaging firm in 2017
Cathay Capital, Bpifrance weigh NeoXam sale
Auction for French group to launch imminently as financial software assets go through buoyant moment
Tikehau et al. sell majority stake in GreenYellow to Ardian
French sponsors to reinvest in the renewable energy firm following EUR 1.4bn deal
Gimv exits Wolf Lingerie in NextStage-led SBO
French GP is joined by BNP Développement and BPI in investment for lingerie maker
La Maison Bleue sale on ice following lacklustre first round
Process is likely to be resumed later in 2022, one source says
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
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
Charterhouse to exit Siaci Saint Honoré to OTPP et al.
OTPP, Cathay, BPI France and Ardian back the deal and SSH's merger with market peer Diot
The Deals Pipeline
A highlight of deal processes underway and involving PE, either on the buy- or sell-side, across Europe
Silver Lake's Cegid buys VC-backed Talentsoft
Following the merger, the combined group's turnover is expected to exceed €600m
Tiger Global et al. in €178m round for Vestiaire Collective
Previous backers Eurazeo, BPI France and Vitruvian Partners also take part in the investment
Tikehau closes T2 Energy Transition Fund on €1.1bn
Fund targets European companies operating in the clean energy production, low-carbon transport and energy efficiency segments
Cathay et al. in €49m series-B for Alma
Company intends to use the fresh capital to consolidate its presence in the French market and expand across Europe
Sofinnova et al. in €35m series-C round for CorWave
Company has so far raised €80m in funding since being founded in 2012
Omnes buys minority stake in Tennaxia
Company will use investment to step up cross-selling strategy, strengthen sales teams, and attract new customers
BPI France, Omnes lead €12m series-A for AlgoTherapeutix
Company intends to use the proceeds to finance the clinical development of its lead candidate ATX01
Aglaé, BPI France lead $30m series-B for Livestorm
Raise Ventures and Idinvest also take part in the round, which brings the total amount raised by Livestorm to $35m
Buyout rankings: who has invested most across Europe since April?
EQT, Ardian and KKR remained very active and struck sizeable deals amid the coronavirus turmoil
Omnes, BPI France sell Somos to trade
Semiconductor company has been acquired by Switzerland-based ST Microelectronics
Investindustrial-backed Benvic completes €117.5m refinancing
Benvic has completed seven add-on acquisitions during Investindustrial's holding period