France
AXA PE and PAI bidding for Shell’s €1bn LPG division
AXA Private Equity and PAI Partners are among the bidders circling Royal Dutch Shell’s Liquefied Petroleum Gas (LPG) division, which price tag nears €1bn.
2010 buyout activity promising
Although volume and value buyout figures in France have dropped in 2009, the slight recovery seen in the last two quarters could mean that a recovery is underway. Francois Rowell reports.
AXA PE invests in MenInvest
AXA Private Equity has taken a minority stake in MenInvest, an e-commerce company, in a first round of financing of an undisclosed value.
Q&A: Fundraising Review/Preview
Francois Rowell speaks to Lorenzo Lorenzotti, managing director at fund-of-fund ACG Private Equity about fundraising in 2009 and the prospects for 2010.
KKR nears NYSE listing; releases fourth quarter results
Private equity behemoth KKR is moving closer to listing on the New York Stock Exchange, as the firm has confirmed the move yet again in its financial results report for the fourth quarter, released yesterday.
Atlas sells 34.4% Sporever stake
Atlas Venture has sold its 34.4% stake in Alternext-listed Groupe Sporever, an online content publisher, back to the founder and company president, Patrick Chêne.
360 Capital Partners invests in Leetchi
Franco-Italian investor 360 Capital Partners has invested under €1m in Leetchi.com, an online payment company, alongside Kima Ventures.
Q&A: The fundraising fulcrum
Francois Rowell speaks to Mounir Guen, CEO of placement agent MVision, about the fundraising climate in 2010.
NextStage invests EUR 4m in Dallavalle
NextStage has provided Dallavalle, a construction company, with a EUR 4m investment.
EdRIP and UI gestion stage OBO of Segex
Edmond de Rothschild Investment Partners (EdRIP), UI Gestion and Socadif have staged an OBO of the Segex Group, a civil engineering company, alongside the management.
Bencis-backed Quaron to be acquired by Univar
Bencis Capital has agreed to sell its chemical manufacturer Quaron Group to trade player Univar.
Q&A: Intermediate on high ground
Deborah Sterescu speaks to Christophe Evain, managing director of ICG, on expectations for recovery and why high-yield is not a long-term threat for mezzanine.
Pantheon acquired by AMG
Fund-of-funds manager Pantheon Ventures is to be acquired by US-based Affiliated Managers Group (AMG) for $775m.
General Atlantic appoints senior advisor for Europe
General Atlantic (GA) has appointed Mike McTighe as special advisor to the firm in Europe.
123Ventures increases shareholder base
Private equity house 123Ventures has increased its shareholder base from seven to 17 through an owner buyout.
Oaktree takes majority stake in SGD
US buy-out fund Oaktree Capital will become the majority shareholder of perfume and pharmaceutical bottle manufacturer SGD, following the group’s debt restructuring.
CDC-backed EI-Technologies acquires ADEON
CDC Innovation et Entrepreneurs & Investisseurs Capital backed EI-Technologies has acquired IT business ADEON.
Argos Soditic reaps more than 4.5x on Dinno Santé exit
Argos Soditic, FHH Conseil and the management have sold their 100% stake in Dinno Santé to the healthcare business of Air Liquide and in doing so have realised over 4.5x return.