France
McDermott bolsters Paris team
Law firm McDermott Will & Emery has appointed three new partners and four new associates in its Paris office.
Omnes et al. inject $4m into ividence
Omnes Capital and existing investor A Plus Finance have provided French email ad platform ividence with a $4m series-B round of funding.
Siparex closes MidCap II fund on €130m
Siparex has held a €130m final close for the Siparex MidCap II vehicle.
JP Morgan to inject up to €158m into Technicolor
Troubled French digital video specialist Technicolor has backed the offer of JP Morgan to inject up to €158m in exchange for a 29.96% stake.
France: acquisition finance off to good start in 2012
The overall value of French PE-backed acquisition finance deals completed in the first months of this year has already exceeded 2011 year-end figures. Recent research also highlights that French businesses remain hungry for build-up opportunities.
Seventure injects €2m into Netino
Seventure Partners has invested €2m in French online content moderation platform Netino.
Idinvest et al. back Sensee with €17.5m
Idinvest Partners, Partech International, Orkos Capital and several business angels have provided French online optician Sensee with a €17.5m funding round.
Fondations Capital grabs 60% of Sepur
Fondations Capital has acquired a 60% stake in French waste collector Sepur from its founder, in a deal that values the business at €124m.
Bain Capital sells FCI division for €765m
Bain Capital Europe has sold the motorised vehicles division of FCI, an automotive and electronics connector company, to NYSE-listed Delphi for €765m on a cash and debt-free basis.
French LBOs top European performance tables, says AFIC
LBOs generated higher returns in France than in all other European countries in 2011, although their performance declined year-on-year, according to a recent study by private equity association AFIC.
FSI Régions and Alliance Entreprendre invest in Fabulous Garden
FSI Régions and Alliance Entreprendre have injected €1m into French outdoor furnishings company Fabulous Garden.
FSI Régions backs Arcancil Paris MBO
FSI Régions has invested €500,000 in the management buyout of Arcancil Paris.
France unquote" May 2012
As reported in the last issue of unquote” analysis, French deal-doers had reason to cheer in 2011.
Carried interest reform sweeps across Europe
As many European governments impose austerity measures, there is a growing demand for a crackdown on loopholes enabling the wealthy to reduce their tax bills. This has led to a re-examination of the rules surrounding carried interest and several major...
Omnes et al. inject €12m into EXOSUN
Omnes Capital (formerly Crédit Agricole Private Equity) has taken part in a €12m funding round for French renewable energy business EXOSUN.
Omnes and Demeter exit Methaneo
Omnes Capital (formerly Crédit Agricole Private Equity) and Demeter Partners have sold their joint 60% stake in Methaneo, a French developer of bio-methanisation solutions, to trade player Séchilienne Sidec.
Emertec and CDC Climat in €3m round for HPC-SA
Emertec and CDC Climat have invested €3m in French energy measurement software developer HPC-SA.
Argos Expansion backs Vectis group MBI
Argos Expansion has taken a 33.3% stake in the buyout of French industrial equipment rental company Vectis.
EADS CEO Louis Gallois to join FSI board
Louis Gallois, the CEO of European aerospace and defense corporation EADS, is due to join the board of French sovereign wealth fund Fonds Stratégique d'Investissement (FSI), according to French daily newspaper Les Echos.
Arkeon backs NOVACYT
French investor Arkeon Gestion has participated in a €1.5m funding round for Vélizy-based cytology company NOVACYT.
123Venture launches €100m mezzanine fund
123Venture has launched a new mezzanine fund, Trocadero Capital & Transmission II, with a €100m target.
Lloyds announces six senior promotions
Lloyds's acquisition finance team has promoted six professionals to senior positions across Europe.
FSI Régions injects €700,000 into Bourdoncle
FSI Régions has invested €700,000 in French diversified industrials group Bourdoncle.
Sagard buys Stokomani from Advent
Sagard Private Equity has acquired French discount wholesaler Stokomani from Advent International, a transaction valued at €200-210m.