France
Idinvest closes ISIA fund on €340m
ISIA, dedicated to the modernisation of production tools for SMEs, surpasses €300m target
IK-backed Questel acquires Brandstock
Following the transaction, the combined company will have sales of €150m and will employ 700 people
PAI's sale of B&B Hotels to Goldman Sachs nears €2bn
Merchant Banking Division of Goldman Sachs to buy a majority in the French budget hotel chain
LSP et al. back $38.5m series-B for DNA Script
Illumina Ventures, M Ventures, Sofinnova, Kurma and Idinvest recommit to DNA Script
Wise-backed Tapì buys Les Bouchages Delage
Management led by CEO Delage will continue to run the company, which will operate independently
Andera, Omnes buy majority stake in Spherea
Company management and existing shareholders Ace and Irdi-Soridec Gestion reinvest in the business
GFC in €20m series-B for real estate search engine Proprioo
Company plans to use the fresh capital to consolidate its market position and scale up its team
Capital Croissance collects €350m across two funds
Launched in Q3 2018, Cairn Capital II hit its hard-cap set at €120m three months later
France-based Apax Partners hires de Cardes
De Cardes has 20 years of operational experience in TMT and joins the development team
PE-backed Vitale Assistance buys Groupe 3iD
Vitale bolts on provider of emergency assistance and renovation services Groupe 3iD
Omnes et al. back Camerus, which bolts on Lign'Expo
Furniture rental company Camerus's buyout coincides with the bolt-on of domestic peer Lign'Expo
21 Invest France et al. inject €8m in DGF
French food distributor DGF plans to continue its buy-and-build strategy with fresh capital
Cathay et al. in $38m series-B for ride-hailing app Heetch
Existing shareholders Idinvest, Alven, Felix, InnovAllianz and Via-ID also take part in the round
Global LPs boost French mid-market fundraising
Country's macroeconomic outlook has played a vital role in boosting investor confidence in France since 2016
Bain's Autodistribution bolts-on AD Bosch
France-based Autodistribution buys a 75% stake in Spanish family-owned AD Bosch
LFPI sells CMG Sports Club to trade – reports
GP acquired asset in 2016 to help face competition from low-cost fitness club chains
DC promotes six to managing director
Promotions include two members of the Paris-based team and four in DC's London office
Nord Capital sells Expert Habitat & Industrie to trade
Minority investor Nord Capital exits French construction company Expert Habitat in trade sale
Abénex sells Cisbio Bioassays to trade
Abénex exits France-based biotechnology company Cisbio after three years of ownership
3i's Valorem bolts on Force Hydraulique Antillaise
PE-backed Valorem will support the conversion of FHA's pipeline into operational plants
Elaia et al. invest €25m in Fretlink series-B
Fresh capital will help Fretlink open new offices in Europe and pursue recruitment efforts
NextStage, MI3 invest €17.7m in Bagatelle
Bagatelle currently operates 10 restaurants, plans to open 15 more in the next five years
21 Invest France acquires FMA Assurances
21 Invest France invests in French companies providing tickets in the €20-50m range
Capzanine to sell Pierre Guérin to trade
GP bought a stake in Pierre Guérin in 2017, after being a shareholder from 2006-2012