France
Newfund 2 holds final close on €130m
Newfund 2 is a significant step-up from the €72m Newfund 1 but comes short of €150m target
Isatis Capital backs Next Group
Next Group follows several transactions in training and education services seen in France in Q3
Nixen sells Weave to trade in €120m deal
Nixen's Weave is wholly acquired by France-based OnePoint, a digital transformation service
Apax France buys AEB Group in SBO
GP eyes a buy-and-build strategy for the Italian food-focused biochemicals business
Activa appoints managing partners in succession reshuffle
Michael Diehl sells shares and becomes senior adviser, while brother Charles becomes chair
BPI France sells G2Mobility to trade
French energy giant Total wholly acquires G2mobility, an electric vehicle charging service
PE-backed Neoen prepares for IPO
France-based Neoen, a renewable energy project developer, plans to raise around €450m
PE-backed Staci bolts on Eurodislog
Staci, backed by Cobepa and Soc Gen Capital Partenaires, buys retail logistics peer
Otium Brands renames as Eutopia
Brands and consumers division of VC Otium rebrands as Eutopia, in view of future spin-out
LBO France launches fund for high-net-worth clients
LBO France's FCPR White Caps Sélection accepts a minimum of €25,000 from high-net-worth clients
CM-CIC Innovation-backed MedinCell announces IPO price range
CM-CIC and BNP Paribas Développement make subscription commitments of €4.7m and €3m each
Qualium backs Parella
GP invested alongside Parella's managers and employees to accelerate the company's growth
Cathay et al. in €21m series-B round for Kayrros
New and former investors back Kayrros to improve its intelligence service and expand coverage
Momentum Invest I closes on €110m
GP Momentum Invest backs French services-related businesses with €10-100m turnover
Ardian backs IWD
Ardian Growth buys a stake in IWD, a retail technology specialist, in an expansion deal
Navigator Capital in talks for Tropicana's French plant
Bottling plant sale was announced in late March, and the offer could be finalised in Q4 2018
Capital Croissance backs Toutapprendre.com's OBO
Marc Wacongne buys a majority, while the GP buys a minority in the online courses provider
BPI France closes €200m Fonds Build-up International
Fonds Build-up International will back French SMEs and mid-cap firms generating turnover of between €20m-1.5bn
Raise holds first close for venture fund on €60m
Mostly backed by corporates, French GP's venture vehicle targets a €100m final close
IK-backed Colisée bolts on STS Grup
Colisée raised a new term loan of €120m in order to increase its financial capabilities
Partech promotes Huberson and Grosse Hokamp
Pair will work on the investment strategy of Partech Growth Fund, a €400m vehicle closed in mid-2016
Latour Capital buys Sogetrel in SBO
Former owner Quilvest sells stake in Sogetrel, a communication network installer
Eurazeo's Smile acquires digital agency Adyax
Agency Smile acquires its France-based peer, Adyax, aiming for revenues exceeding €115m in 2018
Tikehau hires BNP Paribas AM's head of compliance
Marquer will be responsible for ensuring there is an enhanced level of compliance across the group