France
Isai holds second closing on €40m and makes new hire
French VC Isai has held a second closing of its latest growth capital fund Isai Expansion on more than €40m.
Charterhouse could pull Ista and Elior sales
Charterhouse could put the sale processes of German energy-metering firm Ista and French catering company Elior on hold in the face of lacklustre bids, according to reports.
XAnge divests RunMyProcess stake in trade sale
XAnge Private Equity has sold its stake in French cloud computing solutions developer RunMyProcess (RMP) to Japanese trade player Fujitsu.
Boehringer Ingelheim invests in Eyevensys
Boehringer Ingelheim Venture Fund (BIVF) has invested in French biotech company Eyevensys, marking the start of a new funding round for the business.
VC-backed SpineGuard to list on Alternext
SpineGuard, a French medical equipment producer backed by several venture capital firms including Omnes Capital, is set to list on NYSE Alternext by the end of April.
Ace Management in €4m round for Ocea
Ace Management has joined existing investor Edmond de Rothcshild Investment Partners (EdRip) in a €4m round for French aluminium boats manufacturer Ocea.
Axa PE sells Aixam Mega to Polaris Industries
Axa Private Equity has exited its majority stake in France-based commercial vehicles manufacturer Aixam Mega in a trade sale to US-based company Polaris Industries Inc.
Demeter and 123Venture back Cooltech Applications
Demeter Partners and 123Venture have joined existing investors in an €8m funding round for French magnetic refrigeration specialist Cooltech Applications.
Demeter et al. inject €7m into Ideol
Demeter Partners, Sofimac and Soridec have provided Ideol, a French developer of foundations for offshore wind farms, with €7m of funding.
France: commitments from banks, insurers, pension funds down 43%
France's lacklustre fundraising figures for 2012 highlight the continued retreat of traditional LPs, such as banks, insurers and pension funds, according to new research by industry trade body Afic.
Clifford Chance poaches Ashurst's Xavier Comaills
Ashurst partner Xavier Comaills is set to join Clifford Chance and head the firm's fund structuring practice in Paris.
Newfund invests in XOR Motors
Venture capital Newfund has backed XOR Motors, a French manufacturer of electric scooters.
Nixen promotes Houlot to partner
French private equity firm Nixen Partners has promoted Vincent Houlot to partner in its Paris office.
Eurazeo PME buys Idéal Résidences from LBO France
Eurazeo PME has acquired French medical and social healthcare provider Idéal Résidences from LBO France.
CDC Entreprises and Sofinnova invest €8m in MedDay
CDC Entreprises and Sofinnova Partners have made an €8m equity investment in French biotech firm MedDay.
CM-CIC and IDI exit Alti in €75m trade sale
CM-CIC LBO Partners and IDI have sold French IT engineering firm Alti to a subsidiary of Indian conglomerate Tata in a €75m all-cash transaction.
Labco: formal bids expected next month
3i-backed medical diagnostics company Labco formally launched its sale process at the end of January and first bids are expected in May.
Novartis, Index et al. lead €32m series-A for GenSight Biologics
Novartis Venture Fund, Abingworth, Versant Ventures and Index Ventures have co-led a €32m series-A funding round for French biotech business GenSight Biologics.
Qualium to re-inject €30m into Quick as part of amend-and-extend
French investor Qualium is set to invest a further €30m of equity in restaurants chain Quick while the company's lenders have agreed to extend the terms of its debt, which was due to mature in 2015.
Sentica in Citec bolt-on
Sentica Partners portfolio company Citec Group has acquired French oil & gas engineering consultancy Akilea Engineering.
Sarkozy meets with Spanish bankers for private equity fund
Former French president Nicolas Sarkozy has met with Spanish bankers ahead of the launch of a €1bn private equity fund, according to reports in the local press.
FSI et al. in €28m round for SuperSonic Imagine
A consortium of investors, led by the Fonds Stratégique d'Investissement (FSI) and comprising several European venture players, has provided ultrasound systems developer SuperSonic Imagine with a €28m round of funding.
Astorg seals Areva unit purchase
French GP Astorg Partners and energy company Areva have signed an agreement for the takeover of Canberra, Areva’s US-based nuclear measurement subsidiary.
Iris and Isai inject €2m into InstantLuxe
French venture capital firms Iris Capital and Isai have provided online marketplace InstantLuxe.com with a €2m round of funding.