France
Arkea Capital and SGCP buy 20% of Piriou
Arkea Capital Investissement and Société Générale Capital Partenaires (SGCP) have each acquired a 10% stake in French ship builder Piriou from Jaccar Holdings.
Calao invests in Contrejour
French GP Calao Finance has provided shutters manufacturer Contrejour with fresh equity.
Omega Funds leads $10m round for SpineVision
Omega Funds has led a $10m funding round for French medical devices provider SpineVision, which also included investments from two other new backers.
Bridgepoint buys Flexitallic Group from Eurazeo
Bridgepoint has acquired Paris-based sealing solutions business The Flexitallic Group from Eurazeo PME for €450m.
Electra to reap 15x on Allflex
BC Partners has made a binding offer of $1.3bn to Electra Partners for its French animal tags business Allflex, following an intense auction process that attracted bids from a dozen private equity firms.
French buyouts up 50% YoY in Q1
The French buyout market enjoyed a much welcome uptick at the start of 2013, with both volume and overall value significantly up on Q1 2012 figures.
France unquote” May 2013
“Some key ideas are currently gaining ground,” said Afic chairman Louis Godron at the association’s annual conference in Paris last month, “notably when it comes to the crucial role of competitiveness in the country’s future and the importance...
Capital gains tax overhaul welcomed by Afic
French CGT
France's Elior and Nord-Est in refinancings
Charterhouse's catering business Elior has tapped into the high-yield market to raise €350m, while Oaktree has been able to reap a dividend by leveraging its investment in packaging company Nord-Est, according to local reports.
Candover's Alma Consulting in refinancing talks
Alma Consulting, a French corporate cost-reduction advisory business owned by Candover, could be taken over by its mezzanine lenders, according to local reports.
Partech appoints Romain Lavault as general partner
French technology-focused venture capital firm Partech International has appointed Romain Lavault as general partner.
France to cut back on capital gains tax
Following months of complaints by local entrepreneurs, French president François Hollande is due to announce a simplified and more favourable capital gains taxation regime.
Easton Corporate Finance appoints new MD
French M&A advisory firm Easton Corporate Finance has promoted co-founder Thomas Gaucher to managing director.
Ace Management buys Auvergne Aéronautique group
Ace Management has wholly acquired Slicom Aéronautique, Auvergne Aéronautique Slicom and Casablanca Aéronautique from Slicom International, with a view to turn the businesses around.
Eurazeo cashes in on early Danone exit
French listed private equity player Eurazeo will part ways with dairy products giant Danone as €700m's worth of exchangeable Danone bonds, issued in 2009, are set to be converted to equity.
Wellington invests €4m in €18.2m Genticel series-C
Wellington Partners has injected €4m into French vaccine developer Genticel as part of an €18.2m series-C funding round alongside existing shareholders.
European Capital makes 1.8x on Scaff'holding exit
European Capital has sold its stake in France-based Scaff'holding for €7.2m, realising a 1.8x money multiple on its investment, representing an IRR of circa 13%.
Afic: France needs urgent PR boost
French PE
KKR acquires SMCP Group
KKR has supported the management buyout of luxury apparel retailer SMCP Group, acquiring the firm from French private equity houses L Capital and Florac.
Eurazeo portfolio company sells Molinel
Eurazeo has sold its portfolio company Molinel, a specialist in workwear clothing, to workwear retailer Alisco.
EdRip and Forbion lead funding for Allecra Therapeutics
Edmond de Rothschild Investment Partners (EdRip) and Forbion Capital Partners have invested in a €15m series-A round for Swiss biotech company Allecra Therapeutics.
Private equity owners consider IPO of Numéricable
Private equity giants Cinven and Carlyle, alongside cable operator Altice Group, have asked banks to pitch on an initial public offering of French cable company Numéricable, according to reports.
Equistone's de Blignières to raise €300m vehicle
Equistone senior partner Gonzague de Blignières is looking to raise €300m for Raise Capital, a new evergreen structure designed to provide growth capital to French SMEs.
Equistone completes acquisition of Meilleurtaux.com
Equistone has wholly acquired real estate mortgage adviser Meilleurtaux.com from French banking group BPCE for an estimated €20m.