France
Viveris Croissance IV holds first close on €30m
Viveris Management has held a first close of its fourth fund on €30m.
EIF commits €20m to Aster Capital cleantech fund
The European Investment Fund has committed €20m to the French cleantech venture fund Aster II.
EdRCP backs Artedist in Alpem acquisition
Edmond de Rothschild Capital Partners (EdRCP) has supported the acquisition of French paper specialist Alpem by its portfolio company Artedist.
Omnes backs Adictiz with €2m
Omnes Capital (formerly Crédit Agricole Private Equity) has invested €2m in French video games developer Adictiz.
Quilvest exits recycling firm Paprec
Quilvest Private Equity has sold its stake in French recycling business Paprec to the firm's CEO, sovereign wealth fund FSI (Fonds Stratégique d'Investissement) and Arkea.
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.
iXO backs Enseignes Hode MBO
iXO Private Equity has taken a majority stake in the management buyout of French advertising material specialist Enseignes Hode.
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.