France
PE-backed AES Laboratoire sold for €183m
Abénex Capital, EPF Partners, Fortis PE and BNP Paribas have exited French microbiology company AES Laboratoire in a €183m trade sale to bioMérieux.
AXA invests in Ticket Surf International
AXA Private Equity has acquired a 25% stake in French provider of e-money services Ticket Surf International (TSI) as part of an owner buyout.
Generis to manage "socially responsible" fund
Generis Capital Partners has partnered with business network Réseau Entreprendre Ile de France to manage a new growth capital fund.
Blackfin et al invest €57m in Kepler
BlackFin Capital Partners has led a €57m investment in Kepler Capital Markers, a pan-European equity and fixed income broker.
Seventure et al. inject €900,000 in Tigerlily
Seventure Partners and business angels network Seed4Soft have invested €900,000 in French online media agency Tigerlily.
France unquote" April 2011
Astorg Partners has closed its fifth fund on a €1.05bn hardcap. Astorg V was launched in September 2010 with an €800m target and attracted strong interest from LPs.
I&F and Vivéris back Médiane MBI
Initiative & Finance (I&F) and Vivéris Management have backed the management buy-in of French software developer Médiane - a deal that values the business at less than €10m.
AXA PE mulling Skyrock sale
AXA Private Equity is currently weighing its options to divest its 70% stake in French radio station Skyrock.
AFIC to reform governance
The French private equity association AFIC has launched a plan to reform its governance practices, according to French daily Les Echos.
Montefiore recruits new partner
French mid-market firm Montefiore Investment has hired Jean-Marc Espalioux as partner and executive chairman.
Activa buys Abrisud from AtriA
Activa Capital has acquired Abrisud, a French manufacturer of swimming pool enclosures, from AtriA Capital Partenaires.
Two partners leave AtriA
Edouard Thomazeau and Thibaut de Chassey have resigned from their positions as partners at French mid-cap firm AtriA Capital Partenaires.
Carlyle circling Gores-owned Sagem
Carlyle is in talks with The Gores Group to acquire Sagem Communications, a French manufacturer of network equipment and television set-top boxes, according to media reports.
France unquote" out now
The latest digital edition of France unquote” is available to download now, featuring all the latest in-depth deal information and analysis.
Cinven to take a further 30% of Camaïeu
Modacin France, a holding company owned by Cinven, has offered to acquire a further 30% of listed French clothing company Camaïeu and now plans to take it private.
21 Centrale Partners set to buy Planet Sushi
21 Centrale Partners is in exclusive negotiations to acquire Planet Sushi, a French chain of sushi restaurants, according to media reports.
Barclays PE and LBO France exit Converteam in $3.2bn trade sale
Barclays Private Equity and LBO France have sold 90% of French power conversion and engineering company Converteam to General Electrics for $3.2bn - around 13x EBITDA.
Altamir Amboise joins LPEQ
Listed vehicle Altamir Amboise has become the first French member of LPEQ, the industry association of listed private equity investment companies.
PAI in exclusive talks to buy Kiloutou
PAI partners is set to acquire French construction equipment rental company Kiloutou from Sagard.
France unquote" March 2011
PAI partners has sold its 50% stake in French yoghurt maker Yoplait to General Mills, in a deal that values the company at €1.6bn. The French private equity firm should reap a little over €800m for its stake.
Intel Capital et al. invest $5.5m in Total Immersion
A consortium of investors led by Intel Capital has invested $5.5m in French software developer Total Immersion.
Alven Capital invests €1m in QuelleEnergie.fr
Alven Capital has invested €1m in QuelleEnergie.fr, a French online energy-saving consultancy.
Idinvest et al. invest $7m in Scality
Idinvest Partners has led a $7m series-B round of financing for French technology company Scality.
Wendel acquires Parcours
Private equity firm Wendel has acquired a 95% stake in French vehicle leasing company Parcours for €107m.