France
Ergon Capital Partners buys ELITech
Ergon Capital Partners has acquired French manufacturer and distributor of in vitro diagnostic equipment and reagents ELITech Group.
XAnge opens Lyon office
French growth capital specialist XAnge has opened a new office in Lyon.
Naxicap and SCR Provencale et Corse invest €1.15m in SolarQuest
Naxicap Partners and SCR Provençale et Corse have backed French energy equipment provider SolarQuest with €1.15m of growth capital funding.
PAI-backed Yoplait sale underway
A PAI spokesperson has confirmed the upcoming start of the sale process, according to media reports.
Naxicap backs Groupe MJA
Naxicap has provided French communication agency Groupe MJA with growth capital funding of an undisclosed amount.
AXA PE acquires 11% of Arismore
AXA Private Equity has taken an 11% stake in French IT services company Arismore for an undisclosed amount.
Ares Life Sciences to take Stallergenes private
Ares Life Sciences has agreed to buy 45.6% of listed French biopharma Stallergenes from Wendel, and plans to file a mandatory takeover offer for all the remaining shares.
Bain considering FCI IPO
Bain Capital is considering an IPO for its French portfolio company FCI, according to reports.
XAnge and Promelys invest €2.95m in Sport Universal Process
XAnge and Promelys Participations have invested €2.95m in French technology company Sport Universal Process.
Audacia invests in Storvision
Audacia has provided French CCTV solutions manufacturer Storvision with €2m of growth capital funding.
Truffle Capital invests €7.5m in three energy companies
Truffle Capital has invested a total of €7.5m in three French energy companies – Neelogy, Acerde and Actility.
Sofinnova's STENTYS IPO raises €22.7m
Sofinnova Partners' portfolio company STENTYS has raised up to €22.7m through an IPO.
Naxicap invests €1m in Xynergy
Naxicap has invested €1m in newly-created French healthfood company Xynergy.
IK Investment Partners acquires Snacks International
IK Investment Partners has taken a majority stake in French food company Snacks International, for an undisclosed amount.
LFPI et al. acquire Aurénis
LFPI, Edmond de Rothschild Investment Partners (EdRIP) and Barclays Private Equity (BPE) have backed the management buyout of French publisher Aurénis.
French venture: Retail funds under threat
France’s FCPI and FIP funds, two tax-efficient retail vehicles created to promote venture investments, are currently being overhauled by the legislator. While the proposed 2011 budget grants them a new lease of life, a number of changes are bound to...
Ashurst appoints new lawyer in fund formation team
The Paris office of law firm Ashurst has appointed Tiana Rambatomanga as a senior lawyer in the fund formation team.
Bridgepoint and Apax acquire two jewel retailers for €600m
Bridgepoint and Apax Partners have acquired French jewellery retailers Histoire D'Or and Marc Orian from Silverfleet Capital and Qualium Investissement, in a deal that values the new group at €600m.
AXA Private Equity takes over Natixis private equity arms
AXA Private Equity has completed the acquisition of portfolios managed by iXEN Partners, NI Partners and Initiative & Finance from Natixis for €507m.
ISAI closes maiden fund on €35m
ISAI has announced the second and final close of its internet venture fund ISAI Développement on €35m.
Sopromec and BTP Capital back Charles Service MBI
Sopromec and BTP Capital have backed the management buy-in of forklift rental company Charles Service with a €170,000 investment.
Sopromec invests €300,000 in Alterpro Energie
French venture firm Sopromec has provided alternative energy company Alterpro Energie with €300,000 of funding.
Idinvest appoints three partners
Idinvest Partners, formerly known as AGF Private Equity, has appointed Jean-Philippe Boige, François Lacoste and Christophe Simon as partners.
Riverside-backed Summit Medical Group acquires Orthomed
Riverside has acquired French medical equipment designer Orthomed as a bolt-on for its portfolio company Summit Medical Group.