France
VC firms back €65m financing for BioSerenity
Fresh capital will be used to develop BioSerenity's products beyond their initial focus
Eurazeo, BPI France et al. invest €70m in PayFit
Previous round for France-based fintech startup PayFit was a €14m series-B in 2017
Qualium and BPI France to invest in EM Lyon
Qualium is currently investing via its second fund, Qualium II, which aims to make majority buyouts
Andera exits Europ Net in management buy-back
Management buys cleaning services provider Europ Net, five years after spinout from Samsic
Partech et al. invest $22.7m in Lifen
In 2018, Daphni and Serena invested €7.5m in Lifen, a healthcare messaging platform
Capgemini and Isai launch €90m Isai Cap Venture
France-based consultancy Capgemini and VC Isai launch fund to back B2B services startups
Capitem exits Novencia in management buy-back
GP sells stake in consulting firm Novencia back to the founding director, who becomes sole owner
Arkéa backs Groupe Vert, bolts on Netvime
Arkéa finances the merger of the France-based eco-friendly cleaning services providers
Andera exits Erget in management buy-back
Erget is the 11th divestment from Andera's Cabestan vehicle, which closed on €113m in 2011
PE-backed Raffin bolts on Maison Milhau
Combined business of meat food products is expected to generate revenues of €80m
Galiena Capital acquires Cameo Energy stake
GP backs the primary buyout of Cameo Energy, a specialist in energy transition services
Vespa Capital backs Le Marché de Leopold MBO
Company’s founder sells his majority stake, while management invests alongside the GP
Eurazeo's Sommet Education bolts on Ducasse Education
Portfolio company Sommet buys 51% stake in culinary arts and pastry school Ducasse
Arkéa et al. back Children Worldwide Fashion in SBO
Former majority owner Dzeta PE reinvests in the high-end children's ready-to-wear specialist
Ardian buys minority stake in Uptoo
Ardian will support the recruitment platform in completing strategic acquisitions
Future Positive holds first close for debut fund on $57m
Future Positive Capital was founded in 2017 by former Index Ventures executive Sofia Hmich
Seventure Partners invests €3.5m in Domain Therapeutics
Paris-based VC typically provides up to €20m per company, from early to late stage
White Star et al. back €8.9m series-B round for Destygo
Partech Venture, AccorHotels and airports operator ADP reinvest in chatbots developer
Astorg sells M7 Group to trade in €1bn deal
Majority owner Astorg sells Luxembourg-based TV operator M7 Group to French peer Canal+
Naxicap's Stelliant to buy GM Consultant
TGS, a subsidiary of Stelliant, will merge with insurance consulting firm GM Consultant
TA Associates' Solabia Group buys Algatech
TA has been a minority investor in natural active ingredients manufacturer Solabia since 2018
Elaia holds €65m close for PSL Innovation
Fund provides seed investments to AI development, deep-tech and deep learning startups
Investors inject €300m in Tikehau Capital Advisors
TCA forms part of the shareholding of France-headquartered asset manager Tikehau Capital
123 IM, Sigma Gestion back L'Usine
GPs acquire a majority stake, investing €4m in the France-based high-end gym operator, L'Usine