France
France unquote" February 2012
French buyout house PAI partners has confirmed it is aiming to raise a £3bn fund this year – potentially staging a comeback following the 2009 power struggle that led to its previous vehicle being significantly downsized.
Abenex appoints new investment manager
French private equity firm Abenex Capital has appointed Nicolas Bertrand as investment manager.
Newfund supports Izeos
Newfund has made a growth equity investment in Izeos, a French company offering a range of online services to medical professionals.
French presidential election spells bad news for PE industry
The regulatory landscape is getting tougher across Europe for private equity - but French players might have more to worry about than most, as presidential candidates unveil measures that could affect the industry. Greg Gille reports
Hogan Lovells appoints new partner in Paris
Hogan Lovells has appointed Xavier Doumen as a partner at the private equity practice in Paris.
France unquote" January 2012
Troubled French mid-cap GP AtriA Capital Partenaires has merged with counterpart Naxicap.
Entrepreneur Venture injects €1m in TBS Group
French growth capital investor Entrepreneur Venture has injected €1m into marketing software developer TBS Group.
FSI Régions backs MBI of EBH from RJD
FSI RУЉgions, previously known as Avenir Entreprise, has backed an MBI of European Boating Holidays (EBH) from RJD Partners.
Indigo promotes two
Indigo Capital has promoted Burkhard von Wangenheim and Guillaume Claire to investment manager.
IDI reaps 3x money on SFPI exit
Listed private equity fund IDI has sold its minority stake in French building materials manufacturer and industrial supplier SFPI for €18.4m.
EdRIP backs b2s OBO
Edmond de Rothschild Investment Partners (EdRIP) has backed the OBO of French CRM business b2s from Windhurst Participations.
CAPE et al. exit Miyowa in $45.5m trade sale
Crédit Agricole Private Equity (CAPE), Techfund and Sophia Euro Lab have sold their stakes in French software developer Miyowa to Synchronoss in a deal that values the business at $45.5m.
Activa-backed Findis acquires Cocélec
Activa Capital portfolio company Findis, a French household appliances distributor, has acquired French electrical, audiovisual and culinary products distributor Cocélec for an undisclosed amount.
KPS buys Bosch Foundation Brakes
KPS Capital Partners has announced the acquisition of The Bosch Group’s automotive foundation brakes business Bosch Foundation Brakes. Financial details of the transaction remain undisclosed.
ACG acquires Viveris Management
ACG Private Equity has acquired a majority stake in Viveris Management from its founders and Caisse d’Epargne Provence-Alpes-Corse (CEPAC), which will retain a minority stake. Financial details of the transaction remain undisclosed.
Access Capital Partners closes fund on €500m
Access Capital Partners has held a final close of its fifth European small- and mid-market fund-of-funds, Access Capital Fund V Growth Buy-out Europe (ACF V), on тЌ500m т above its initial target of тЌ350m.
21 Centrale acquires Vacances Directes
21 Centrale Partners has bought French mobile home rental business Vacances Directes, formerly backed by Acto Capital, in a deal understood to be worth around €70m.
IDI buys Emeraude from CM-CIC LBO Partners
Listed fund IDI has acquired French polymers distributor Emeraude International from CM-CIC LBO Partners, alongside management.
AXA PE buys Ouvêo group
AXA Private Equity has acquired French window manufacturer Ouvêo from Alliance Entreprendre and FSI Régions (formerly Avenir Entreprises), in a transaction valued at less than €50m.
French LBOs: foreign buyers beware?
Franceтs latest Loi de Finances (the national budget voted in parliament) introduces stricter rules regarding fiscal integration and the tax deductibility mechanism on financial charges. This could spell bad news for foreign LBO funds looking to acquire...
PE-backed Savena and Sfinc to merge
Food ingredients manufacturers Savena (owned by IK Investment Partners) and Sfinc (owned by AXA Private Equity) have announced their merger.
ACE Management injects €7m into Le Piston Français
ACE Management has invested €7m in French aerospace parts supplier Le Piston Français (LPF).
ACE Management's Mecachrome buys Mecahers
Mecachrome, a portfolio company of ACE Management, has wholly acquired aerospace supplier Mecahers.
Partech announces first close on €100m
Partech Ventures has announced the first close of its new venture fund Partech International VI on €100m.