France

ERIP et al. in €8m round for Implanet

Edmond de Rothschild Investment Partners (ERIP), has led an €8m round for Implanet SA, a French developer of surgical implants for orthopedic and spine surgery, along side CM-CIC Private Equity, Wellington Partners and Seventures Partners.

NextStage exits interest in Groupe Gruau

NextStage has exited its investment in Groupe Gruau, a commercial vehicle converter, selling its stake back to Patrick Gruau and reaping a 2.36x multiple on its initial investment.

Eurazeo invest €50m in Fonroche

Eurazeo has invested €50m in Fonroche, a renewable energy company, as part of its new ‘Eurazeo Croissance’ strategy to commit €500m to French SMEs over the next five years.

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Portfolio management: Unlocking value potential

In a challenging exit market, private equity firms now need to focus more than ever on the operational value drivers of their portfolio companies. Market due diligence may hold the key. Mareen Goebel reports.

Orkos leads $4m investment in MXP4

Orkos Capital has led a $4m third financing round in MXP4, a music technology platform, alongside returning investors Sofinnova Partners and Ventech.

Trilanctic in sale talks over MW Brands

Media reports suggest that private equity firm Trilantic Capital Partners has allegedly launched talks with banks over the possible sale of canned seafood firm MW Brands.

Natixis finalising sale of PE divisions to AXA PE

Natixis has reached an agreement to sell iXEN Partners, NI Partners and Initiative &Finance Gestion, three of its private equity division, to AXA Private Equity for €534m with potential performance-led premiums.

Avenir invest in Estivel

Avenir Entreprises has staged an LBO of Estivel alongside Alban and Lise Maurial, the company founders, a luxury real estate agency focused on the Aquitaine region in France.

AXA PE backs SynerLAB build up

AXA Private Equity has supported its portfolio company The SynerLAB Group in the acquisition of Pharmaster, a third party manufacturer in sterile, liquid preservative-free forms.

21-backed Almaviva acquired Juge

21 Centrale Partners-backed Almaviva Santé Group, a private healthcare provider, has acquired Juge Private Hospital based in Marseille in a build-up operation.

CDC Enterprises in $18m round for biospace med

CDC Entreprises, (acting on behalf of the Strategic Investment Fund -SIF), has participated in an $18m round for biospace med alongside existing investors Edmond de Rothschild Investment Partners, Crédit Agricole Private Equity, UFG Private Equity, NBGI...

Siparex stage OBO of Passman

Siparex has invested via an OBO deal in Passman, a company specialised in internet access solutions for the hotel industry.

Permira and AXA circle Go Voyages

Permira and AXA Private Equity are in a final run off to acquire Go Voyages, an internet company, for between €300-400m from shareholders Financière Agache (held by the Arnault group), Compagnie Nationale à Portefeuille and Albert Frère who own a...

Vespa Capital backs MBO of SDS

Vespa Capital has staged a management buyout of SDS, a company focused on the production of spare parts for the household good sector. Debt for the transaction was provided by Crédit du Nord, LCL and CCSO.