France
France unquote" November 2012
Saying that French private equity players have had a rough year so far in 2012 would be quite the understatement.
EdRIP to make 10x on Vessix sale
Edmond de Rothschild Investment Partners (EdRIP) stands to reap a sizeable 10x return on its original investment in US-based Vessix Vascular, following the $425m sale of the business to trade player Boston Scientific Corp.
NVM finances CGI International bolt-on
CGI International, a manufacturer of fire resistant glazing backed by NVM Private Equity, has acquired France-based Interver.
Innovacom leads €4.2m round for Olea Medical
Innovacom and existing investor EMAL have committed €4.2m to French medical software company Olea Medical.
FSI Régions et al. back Groupe SAF
FSI Régions, CDC Entreprises, BNP Paribas Développement, Amundi Private Equity, Crédit Agricole des Savoie Capital and Portuguese trade player United Helicopter Service (UHS) have invested in French helicopter rescue business Groupe SAF.
Neo Capital exits Alain Mikli in trade sale
UK-based GP Neo Capital has sold French eyewear brand Alain Mikli International (AMI) to listed Italian trade buyer Luxottica Group.
French tax reforms getting carried away
The Loi de Finances 2013 introduces a number of measures likely to impact French PE firms. Greg Gille talks to Herbert Smith Freehills’ Jérôme Le Berre (pictured) to find out what the implications are for future investments.
Elaia Partners launches seed fund
French growth capital specialist Elaia Partners is understood to have secured €45m of commitments for its new seed vehicle Elaia Alpha.
AXA PE provides additional €100m to Ceva
AXA Private Equity has injected a further €100m into portfolio company Ceva Santé Animale, a veterinary health company.
XAnge invests in Tag Commander
XAnge Private Equity and three business angels have invested €1.5m in French digital marketing company Tag Commander.
Tikehau acquires 51% of Salvepar
Tikehau Participations et Investissements has acquired 51.42% of the capital and voting rights of French investment company Salvepar from Société Générale.
CDC Entreprises et al. back Biom'Up with €6.8m
CDC Entreprises, Viveris Management, OTC Asset Management and exisitng investors have backed French manufacturer of medical devices Biom’Up with €6.8m.
French VCs appeal to French president over budget
Representatives from a raft of French venture capital firms have joined entrepreneurs in sending an open letter to President François Hollande raising concerns over measures introduced in the country's new budget proposal.
VCs in €25m round for Spartoo
Existing investors, including CM-CIC Capital Privé and Highland Partners, have taken part in a €25m series-C funding round for Spartoo, an online retailer of shoes and bags.
Astorg Partners set to acquire Areva's radiation unit
Astorg Partners has entered negotiations with French energy company Areva over the acquisition of its radiation measurement unit Canberra.
Alven injects €1m into iAdvize
Alven Capital has invested €1m in French online customer relations services provider iAdvize.
Alven injects €1m into iAdvize
Alven Capital has invested €1m in French online customer relations services provider iAdvize.
France unquote" October 2012
August has always been a relatively quiet month when it comes to French private equity dealflow, as local GPs enjoy some much-needed time off and take stock of the market before facing the September rush.
Data shows impact of continental crisis
Figures have outlined the extent to which the eurozone crisis, and other factors, have crippled the buyout market on the continent.
New investment bank launches in Paris
Sycomore Corporate Finance, a new investment bank set up by three French corporate financiers, launched in Paris in September.
Naxicap takes majority stake in IMX France
Naxicap Partners is understood to have backed the management buyout of French delivery services company IMX France.
Creathor Venture III holds final closing
German VC Creathor Venture has held a final close for its third fund on €80m.
PE-backed eFront acquires DMLT
eFront, a Francisco Partners-owned software provider targeting the alternative investment industry, has bought US-based DMLT.
FSI Régions and SGCP back WC Loc OBO
FSI Régions and Société Générale Capital Partenaires (SGCP) have taken a minority stake in the owner buyout of WC Loc, a French sanitation fixtures rental business.