France
Cathay Capital, Bpifrance weigh NeoXam sale
Auction for French group to launch imminently as financial software assets go through buoyant moment
C’est la rentrée: PEs line up French deals despite adverse market
Local economy managed to stay comparatively strong compared to sluggish global growth and inflationary pressures
Perwyn strengthens push to France with new country head
In his new role, former Ardian France head Mathieu Antonini will also oversee Southern Europe
DLA Piper bolsters French PE team with new hire
The London-headquartered law firm has hired Thomas Priolet as a private equity partner in Paris
Geneo to hold final close for mezzanine impact fund by year-end
Evergreen sponsor has set EUR 200m target for the fund, which will focus on European companies
Permira to exit Vacanceselect to PAI-backed European Camping Group
French campsite operator will have approximately 10% market share in Europe after the acquisition
Montagu to exit Arkopharma for EUR 450m
Sale of French supplement maker leaves two unrealised assets in 2010-vintage Montagu IV
IK Partners in exclusivity to sell Exxelia to US trade
Aerospace electronic components group to be acquired by HEICO Corporation for EUR 453m in cash
Tikehau holds EUR 3.3bn final close for TDL V, plans further fundraises
GP said in its H1 2022 results that it has fundraises for its flagship funds in sight for Q3
Tikehau et al. sell majority stake in GreenYellow to Ardian
French sponsors to reinvest in the renewable energy firm following EUR 1.4bn deal
Eurazeo’s NAV dips amid volatile markets
Net asset value dips by 3.9% as French sponsor creates contingency buffer of EUR 500m to account for market uncertainty
Oakley to combine Grupo Primavera with Silver Lake’s Cegid
Merged software groups valued at EUR 6.8bn; Oakley becomes minority investor alongside KKR and AltaOne
Eurazeo PME IV holds 1bn close
Deployment has reached 40% for the new fund, with five to seven further platform investments penned
IK to sell Linxis Group to Hillenbrand for EUR 572m
Agreed sale of packaging machines group to US-based industrial buyer set to complete by year-end
Ardian exits majority stake in Opteven to Apax
New owner will aim to accelerate the insurance provider's international growth
Five Arrows-backed A2MAC1 eyes September auction launch
Car benchmarking group could be valued at EUR 1bn in sale likely to attract major tech funds
Five Arrows exits pharmacy group Laf Sante to Latour
Vendor plans to reinvest in pharmacy chain; Bpifrance takes minority stake
Eurazeo to reap 3.2x money multiple in Vitaprotech SBO to Apax
French GPs in exclusive negotiations for security specialist deal, which could generate IRR of 30%
Siparex holds EUR 450m final close for ETI 5
Mid cap-focused fund is 60% larger than its 2017-vintage predecessor and has made four investments
Eurazeo reaps 3.7x money on Orolia exit to trade
Sale of majority stake in French precision electronics group generates EUR 189m in cash proceeds
Adagia in exclusivity to buy Motion Equity's Minlay
GP beats out Apax, Naxicap in auction final round; deal marks second transaction from its debut fund
AlpInvest leads Equistone’s Sicame continuation fund deal
The deal is Equistone's inaugural continuation vehicle in process first reported by Unquote
Capza launches SME decarbonisation fund with EUR 1.3bn target
Second vintage of the SME-focused strategy will aim to support its portfolio companies with decarbonisation
Equistone, IK invest in PE-backed Safic-Alcan
Paris-headquartered speciality chemical provider’s existing shareholders include EMZ and Sagard