France
French VC scene approaches year-end with fundraising surge
Six digital-focused vehicles have made announcements last month
Ardian to sell Novarc minority stake to BPI France et al.
Company’s CEO to remain as majority shareholder after SBO
Isai et al. in $1.6m round for CodinGame
App aiming to hit 1 million user mark within one year
Initiative & Finance closes second fund on €168m
Small-cap vehicle to write €2-15m tickets for French companies
MBO Partenaires exits 80% Profimo stake to Imerys Toiture
GP understood to have made 2x money on trade sale
Alven backs Frichti with €1m
VC currently investing from €120m fourth fund
Paca et al. inject €600,000 into Therapixel
Deal comes on the back of €300,000 injection last year
Meltygroup raises €10.5m from Jaina et al.
Business to push growth in key European markets
Elaia launches €120m digital fund
First closing for early-stage vehicle scheduled for Q1 2016
Lantana raises €1.6m from Ouest Croissance et al.
Business to set up 15-20 regional subsidiaries within 10 years
Lazard appoints Andrez for French mid-market team
Appointee was previously managing director at Canaccord
Ouest Croissance et al. in €16m MBO for ING's Roller Grill
CEO Jean-Pierre Ageorges to become new majority owner
IK's Trigo merges with PIC
Third bolt-on since the GP’s buyout in 2011
Ouest Croissance in MBO for Creat
Business to be controlled by newly-appointed CEO and managing director
Isatis injects €4m into Graitec Innovation for Total Cad bolt-on
Funds to finance Graitec's first acquisition on US soil
Iris Capital in €30m round for Netatmo
Corporate Legrand leads round for connected objects specialist
Tertium injects €1.5m into Traxens
Funds to be used to double headcount by 2016
PE-backed Smile to bolt on Open Wide
Resulting group to employ 1,000 and generate €70m turnover
N+1 adds fourth managing partner to Paris team
Hire comes one month after launch of corporate finance office
Edenred et al. in €6m round for Zenchef
Investment comes two years after €1.35m series-A
ActoMezz backs MBO for Document Store
Eleventh deal for firm’s €210m second fund
Advent's Oberthur postpones IPO
Decision follows cancellation of Deezer listing
Quotient buys VC-backed Shopmium
Business first received VC funding in 2011
LBO France to buy troubled Fram for Karavel merger
Business went into receivership last week