France
CVC, BC Partners to team up for Elior bid
UK-based private equity houses CVC Capital Partners and BC Partners are reportedly planning a €3.5bn bid for French catering company Elior.
Activa Capital sells Logitrade to Soridec et al.
French mid-cap GP Activa Capital has sold outsourcing business Logitrade to regional growth capital specialists Soridec, Sofilaro, Sofipac, Multicroissance and Sopromec.
CDC Entreprises, I-Source, Bouygues in €3.7m round for Ijenko
French energy management solutions provider Ijenko has raised €3.7m in its third round of institutional funding since 2010.
PE-backed Labco in €100m high-yield refinancing
French medical diagnostics company Labco has made a €100m bond issue to repay the outstanding amounts borrowed under its revolving credit facility.
Ace and CM-CIC in €3.2m round for Socomore
Ace Management and existing backer CM-CIC Capital Finance have taken part in a €3.2m funding round for Socomore, a French producer of surface treatment solutions used in the aerospace industry.
Private equity backers sell Rexel stake for €640m
Private equity backers including Clayton Dubilier & Rice and Eurazeo have sold a 14.7% stake in French listed electrical distributor Rexel for €640m.
French retail fundraising down for fourth year in row
France's FCPI and FIP retail vehicles – used extensively by the country's venture and growth capital players – raised €646m last year, down 12% from 2011 figures.
Omnes Capital invests €50m in Exclusive Networks
Omnes Capital has committed €50m to French IT security software business Exclusive Networks to fund further acquisitions, according to reports.
UK activity falls behind France and DACH
The UK & Ireland private equity market has been overtaken by the French and DACH regions in January according to figures from unquote” data.
MBO Partenaires and A Plus back Ingertec buyout
MBO Partenaires and A Plus Finance have backed the management buyout of French electrical installations specialist Ingertec.
Paul Hastings expands European practice
Law firm Paul Hastings has appointed David Revcolevschi as a partner in its European corporate practice, based in the firm's Paris office.
A Plus and Promelys in €3m round for Greenweez
Promelys Participations has joined existing investor A Plus Finance in a €3m funding round for French e-commerce player Greenweez.
French private equity investors running out of cash
Ticking clock
Newfund injects €1.5m into Camping-Car Park
Newfund has provided French caravanning sites operator Camping-Car Park with €1.5m of funding.
Cobepa buys Socotec from Qualium
Investment holding Cobepa has acquired a majority stake in French management consulting firm Socotec from Qualium Investissement, alongside private equity investor Five Arrows and management.
Private equity firms prepare £10bn EE bid
Apax Partners and KKR are bidding against Blackstone and CVC Capital Partners for UK mobile phone operator EE, according to reports.
France unquote” February 2013
Most French private equity practitioners will no doubt be eager to put 2012 behind them as quickly as possible.
Omnes backs Groupe Eyssautier MBO
Omnes Capital has taken a stake in the management buyout of French marine and transport insurance broker Groupe Eyssautier.
Oraxys in €21m round for Leosphere
Cleantech investor Oraxys has injected €10.5m into French laser measurement company Leosphere in what constitutes the first tranche of a €21m funding round.
Apax and LBO France to sell Maisons du Monde
Apax France- and LBO France-owned furniture stores chain Maisons du Monde is up for sale in a process run by investment banks Lazard and Messier Maris, according to reports.
123Venture injects $3.3m into Logix Aero
123Venture has provided Logix Aero, a French provider of spare parts management solutions to the aerospace industry, with $3.3m of growth capital.
Curtis appoints new partner in Paris office
Law firm Curtis Mallet-Prevost Colt & Mosle has promoted Grégoire Andrieux to partner in the corporate practice of its Paris office.
CapDecisif holds €36m first close for latest fund
French venture player CapDecisif Management has held a first close for its latest seed vehicle, CapDecisif 3, on €36m.
Banexi Ventures Partners backs Adyoulike
Banexi Ventures Partners has led a €1.2m series-A round funding for French online advertising start-up Adyoulike.