Butler Capital Partners
Parquest takes over Accès Industries
GP closed its second buyout fund, Parquest Capital 2, on its €310m hard-cap last year
FCDE supports Christian Bernard takeover with €15m
Previously France's largest jewellery brand, Christian Bernard was placed into receivership last year
Weinberg acquires Butler’s 66% stake in Adit
BPI France and French state to keep remaining 34%
Butler to sell Anovo to Ingram Micro
Sale comes three years after Butler bought Anovo from administration
Butler-backed Virgin Megastore files for insolvency
Virgin Megastore, a French retail chain backed by turnaround investor Butler Capital, has filed for insolvency.
French turnarounds suffer from narrow GP base
As in most European countries, one could have thought that the morose economic environment would be a boon for French turnaround specialists.