France
VCs sell Drivy to Getaround in $300m deal
Combined company now spans 300 cities in the US and Europe and serves five million users
French education deals offer a valuable lesson
Investment activity in the French education sector continues to look strong after a bumper 2018, with multiples heating up accordingly
PAI to buy Elior's Areas in €1.54bn deal
Proceeds of the Areas division sale will be used to reduce Elior's leverage ratio
Mutares to buy TrefilUnion from ArcelorMittal
Carve-out transaction sees special situation investor Mutares buy France-based TrefilUnion
Apollo buys 32 supermarkets from The Casino Group for €484m
Deal includes 12 Casino hypermarkets and 20 Monoprix and Casino supermarket properties
Sparring, Socadif buy Cesa-cap in SBO
Management team retains a minority stake in electrical engineering company Cesa-cap
Apicap backs T&T Consulting MBO
Founder and CEO Christophe Janin retains a majority of the engineering and consulting firm
PAI's Ethypharm bolts on Pharmy II Laboratory
Ethypharm acquires pharmaceutical laboratory specialising in the treatment of pain
Isai et al. in $41m series-B for 360Learning
France-based e-training courses specialist 360Learning is expanding in the US and UK
BNP Paribas partially exits Nexeya to Hensoldt
KKR-owned Hensoldt will buy some activities of the electronic equipment provider
MBO Partenaires names new head of IR
French mid-cap GP promotes Géraldine Lanthier to the newly created role
Idinvest leads €13m series-A for Alsid
Existing investors 360 Capital Partners and Axeleo Capital also take part in the round
GEI, Nord Croissance back Manganelli
GPs will support the buy-and-build strategy of the audiovisual services specialist
Andera exits VMI Jokon to management
Marc Laisne and management buy back VMI Jokon, an automotive equipment manufacturer
Idinvest leads $24m round in LumApps
Company intends to use the financing to scale up its team and further expand internationally
PE-backed Addev Materials bolts on Graytone
Addev will focus on synergies from the Graytone project in Europe and the Middle East
Sofina, Idia et al. back La Maison Chapoutier OBO
Sofina, backing the wine producer since 2007, becomes the second largest owner in the business
Ciclad, BPI France et al. back Kyotherm
Fresh capital of €18m will help France-based Kyotherm to grow in domestic market and abroad
BPI leads €13m series-A for NH TherAguix
Omnes Capital, BPI France and investment management firm Arbevel are new investors
BEX closes third fund on $365m
On the market since November 2018, BEX Capital III hit its $280m target in January
BlackFin promotes three to partner
Mathis, Cohen-Sabban and Lestang will help expand the firm's investment activities
Ardian backs Rivalis OBO
GP has acquired a minority stake in the business, investing alongside its management
Capzanine opens new office in Italy
Minard will lead a team based in Milan, responsible for the firm's investments in Italian SMEs
PE-backed ViaSphere bolts on Family Sphere
Acquisition will help the child care services provider to manage 150 agencies by 2022