France
Alven leads $10m round for vegan cosmetics brand Typology
Firstminute Capital and investors Marc Simoncini and Xavier Niel also take part in the funding round
IK buys majority stake in Eres
IK Investment buys France-based Eres in a €230-240m deal via the €1.85bn IK VIII vehicle
VC firms back €110m series-C for Ynsect
Astanor Ventures leads the round with additional contributions from BPI France, Talis and Idinvest
Bridgepoint buys minority stake in Bee2link
GP uses £600m Bridgepoint Development Capital III fund to invest in France-based Bee2link
Essling holds €100m first close for Essling Expansion
Fund has completed its first investment, backing medical software specialist Evolucare
Essling invests €16m in Evolucare Group
GP invests in the software company via Essling Expansion, a fund that recently held a first close
Naxicap-backed BVA bolts on Doxa
BVA expects to become one of the main market research groups in Europe and reach revenues of €200m
Hi Inov holds first close for Hi Inov 2 on €90m
Series-A specialist also partners with Axeleo Capital for expansion into seed transactions
Siparex Investimenti 3 to be launched in 2019
Fund is managed by Insec Equity Partners, which is based in Milan and led by Barbini and Gianola
Chequers, TCR sell Thermocoax to trade in €158m deal
TCR has been an investor in heating technology specialist Thermocoax since 2000
Index in €40m series-B for Alan
Latest round for the French digital health insurance firm comes 10 months after its €23m series-A
Idinvest et al. inject €25m in Malt series-B
VCs Serena and Isai re-up, having previously backed the €5m series-A in 2016
Ardian's Revima completes two bolt-ons
Ardian bought a majority stake in France-based Revima from Argos Wityu last month
OpenGate carves out SMAC from Colas
US-based OpenGate also carved out the silicon carbide division of Saint-Gobain last month
Astorg inks first US deal with Anaqua
GP uses Astorg VII, closed last month on €4bn, to acquire a stake in software developer Anaqua
Idinvest holds €340m final close for second growth fund
Fund was launched with a €300m target and held a first close on €250m in November 2016
CM-CIC, BPI France back Hardis Group MBO
Up to 30 managers, led by Nicolas Odet and Yvan Coutaz, acquire stakes in Hardis
BluGem sells DMC Group to Lion Capital
Sale ends a three-year holding period for BlueGem, which bought the company via its тЌ370m second fund
Ardian sells Citoxlab to trade in €448m deal
Sale price implies a 13.8x pro forma EBITDA multiple, based on Citoxlab’s latest results
GP Profile: Astorg
Managing partner Thierry Timsit discusses investment strategy, competition, ESG and political instability
Sofinnova et al. invest €20m in Afyren
France-based biotech business Afyren plans to commercialise its products in 2020
Tikehau IM holds €2.1bn close across funds
Tikehau IM's four vehicles, focusing on direct lending, were launched around a year ago
Iris leads €20m series-B for Virtuo
Balderton and Raise also take part in the round, which will fund the car rental firm's UK expansion
Hi Inov leads $6.2m series-A for Deepomatic
Previous investor Alven Capital and entrepreneur Bertrand Diard also take part in the round