France
Q&A: The state of fundraising
Greg Gille talks to Antoine DrУЉan, founder, chairman & CEO of independent private equity placement agent Triago, about the current market.
Astorg leads FCI unit auction
French mid-cap firm Astorg Partners has entered into exclusive negotiations to acquire FCI's microconnections division from Bain Capital, according to sources close to the transaction.
JPEL buys Arch Cru portfolio for £56.5m
J.P. Morgan's Private Equity fund of funds (JPEL) has snapped up 38 investments from the former Arch Cru portfolios in a deal worth ТЃ56.5m.
Advent buys part of Oberthur for €1.15bn
Advent International has agreed to acquire the Card Systems and Identity divisions of French secure technologies specialist Oberthur for €1.15bn.
Apax France exits Vizada in $960m trade sale
Apax France and Hutton Collins have sold French mobile satellite communications company Vizada to Astrium, an EADS subsidiary, for a total consideration of $960m.
Perceva Capital in Supra take-private
Perceva Capital has acquired a 58% stake in listed French heating devices manufacturer Supra in a deal that values the business at €12m, with a view to delist it in the Autumn.
TA Associates takes 50% stake in DNCA Finance
TA Associates has secured a 50% stake in French asset management firm DNCA Finance for an undisclosed amount.
CDC to sell PE portfolio
France's Caisse des Dépôts et Consignations (CDC) is planning the sale of a €180m private equity fund portfolio, according to media reports.
L Capital buys 35% stake in TWC L'Amy
L Capital, a PE firm sponsored by luxury group LVMH, has acquired a 35% stake in French fashion accessories company TWC L'Amy from Edmond de Rothschild Investment Partners (EdRIP).
€119m refinancing for PE-backed FPEE
AtriA Capital Partenaires, Pragma Capital and Barclays Private Equity (BPE) have refinanced the 2009 buyout of French building materials company FPEE with a €119m debt package.
France unquote" July/August 2011
Chequers Capital and Apax France have closed their latest funds on €850m and €700m respectively, joining the list of French mid-cap firms that successfully hit the fundraising trail in recent months.
BlackFin raises €220m for its latest fund
BlackFin Capital Partners has closed its BlackFin Financial Services Fund at €220m.
Apax France VIII closes on €700m
Apax France has closed its latest mid-cap fund on €700m.
Rumours of key-man clause following AtriA departures
The departure of two partners from French mid-cap firm AtriA Capital Partenaires in April has triggered a key-man clause on its third fund, according to media reports.
PE-backed Afflelou mulls over IPO
French optician Alain Afflelou, a portfolio company of Bridgepoint and Apax France, is considering a potential listing within the next 12 months.
Permira in lead for Alcatel Lucent Enterprise
Permira is currently a frontrunner in the Alcatel Lucent Enterprise sale, according to media reports.
Q&A: Montefiore's Eric Bismuth on the French mid-market
Strategies, opportunities, fundraising... Eric Bismuth, president of mid-cap buyout house Montefiore Investment, talks to Greg Gille about the state of the French mid-market.
IK acquires Savena in SBO
IK Investment Partners has acquired French food ingredient manufacturer Savena from Azulis Capital and Céréa Capital.
Chequers Capital closes fund XVI on €850m
French mid-market GP Chequers Capital has announced the final close of its latest fund on a €850m hard cap.
Alpha sells Mecatherm to Wendel for €170m
Alpha has agreed to sell Mecatherm, a French manufacturer of production lines for bakery products, to industrial holding Wendel.
French tech investments in need of higher gear?
Although optimistic about the sector’s growth prospects in the coming months, French tech entrepreneurs claim capital is hard to come by. Do tech-focused venture firms need to step up their game? Greg Gille reports
Eurazeo invests another €15m in Fonroche
Eurazeo has invested a further €15m in French renewable energy producer Fonroche.
Arjil appoints new partner
French corporate finance firm Arjil has hired Bertrand Grunenwald as partner.
Quartilium hires two for FoF team
Quartilium, the fund-of-funds arm of Groupama Private Equity, has appointed Jérémie Magne and Malcolm Vincent as analysts in its fund-of-funds team.