France
Leonardo appoints one in Paris team
Corporate financier Leonardo has hired Philippe Charbonnier as executive director, focusing on debt advisory services.
Bolt-on for Montefiore-backed Auto Escape
Listed French car rental business Auto Escape, a portfolio company of Montefiore Investment, has wholly acquired German counterpart Car Del Mar.
Azulis Capital buys Shop Novation off Argos Soditic
Azulis Capital has bought French merchandising solutions provider Shop Novation from Argos Soditic.
EdRIP et al. take 25% stake in EPG group
Edmond de Rothschild Investment Partners (EdRIP) and Siparex have taken a 25% stake in French protection equipment company Groupe EPG.
EdRCP in Groupe Moria take-private
Edmond de Rothschild Capital Partners (EdRCP) has acquired 85.27% of listed French medical equipment company Groupe Moria, with a view to take it private.
Avenir Entreprises et al. back Le Nappage SBO
Avenir Entreprises and Val Capital have backed the secondary OBO of French tablecloth company Le Nappage from CM-CIC Investissement.
French banks and leverage availability – Weathering the storm?
The debt crisis has claimed its first victims in the French banking system with SocGen, Crédit Agricole and BNP Paribas battered by a mix of rating downgrades and falling share prices. Is the situation cause for concern for the PE industry? Greg Gille...
CAPE backs SIMP MBI
Crédit Agricole Private Equity (CAPE) has taken a majority stake in the management buy-in of French industrial supplier SIMP.
McDermott Will & Emery appoints partner in Paris
Law firm McDermott Will & Emery has appointed Jonathan Wohl as a new partner in its Paris office's M&A practice.
France unquote" September 2011
Apax France and Hutton Collins have sold French mobile satellite communications company Vizada to Astrium, an EADS subsidiary, for a total consideration of $960m – around 10x EBITDA.
Bolt-on for Abénex-backed Dupont Restauration
French catering group Dupont Restauration, in which Abénex Capital holds a minority stake, has acquired Yvelines Restauration for an undisclosed amount.
UK hit by lack of larger deals
Amid a welcome recovery across the board, the European buyout landscape is markedly different from last year, with the UK registering a noticeable setback. Greg Gille reports
ISAI invests €1.25m in StickyADStv
ISAI has provided French online advertising agency StickyADStv with €1.25m of growth capital funding.
DFJ Esprit et al. in €19.8m Qosmos round
DFJ Esprit, Fonds Stratégique d’Investissements (FSI) and Alven Capital have co-led a €19.8m funding round for French software developer Qosmos.
Alven sells Fine Media to KKR's Pages Jaunes
Alven Capital has sold French online publisher Fine Media to Pages Jaunes, a listed portfolio company of KKR and Goldman Sachs.
AXA PE invests in KRDS
AXA Private Equity has taken a 20% stake in French online marketing agency KRDS.
AXA PE reacquires Photonis from Astorg
AXA Private Equity has reacquired French electronics company Photonis, three years after selling it to Astorg Partners.
Creathor Venture holds first closing
Creathor Venture has announced the first closing of its Creathor Venture Fund III at €51m.
3i buys Etanco off IK
3i has acquired a majority stake in French building fasteners manufacturer Etanco from IK Investment Partners.
PE-backed MBO for MB Electronique
Avenir Entreprises and CM-CIC Capital Privé have backed the management buyout of French electronic equipment distributor MB Electronique.
123Venture et al. in Vérifimmo MBI
123Venture, LCV Finance and David Hamelin have wholly acquired French insurance business Vérifimmo for an undisclosed amount.
IK sells Idex to infrastructure fund Cube
IK Investment Partners has sold French energy and environmental services company Idex to Cube Infrastructure.
Partners Group has new presence in Paris
Partners Group has opened a new office in Paris.
GE overcomes hurdle in Converteam trade sale
General Electric (GE) has reached an agreement with the US Justice Department (DoJ) allowing it to acquire French engineering group Converteam from Barclays Private Equity and LBO France.