France
Eurazeo in exclusivity for Sevetys acquisition
French sponsor beats Ardian and Antin in race for a majority stake in French veterinary chain
3i sells Havea to BC-led consortium
BC Partners is acquiring the French natural healthcare group with co-investors PSP and National Pensions Services Investment Management
Capza acquires minority stake in Nutravalia
French food supplements laboratory to seek opportunistic strategic acquisitions
Equistone chooses continuation fund route for Sicame
GP had considered ownership options for the electricity distribution products and services provider
EcoVadis valued at over USD 1bn in Astorg, BeyondNetZero-led round
Deal brings total raised by sustainability rating group to USD 725m; CVC remains largest institutional shareholder
360 Capital holds EUR 45m first close on early stage tech fund
Square II will invest in pre-seed and seed rounds with a focus on French B2B software, consumer disruption, deeptech
Carlyle sells Euro Techno Com to Cinven
Buyer competed alongside BC Partners, PAI, CVC and Brookfield in Goldman Sachs-led auction
Ardian invests in TA Associates-backed Odealim
Sponsors will have co-control of the France-based insurance broker, with TA reinvesting
Revaia aims for EUR 400m - EUR 500m final close for Fund II by year-end
VC firm’s second fund is expected to be up to double the size of its EUR 250m debut vehicle
Bridgepoint acquisition of Dentego collapses
GP had entered into exclusive negotiations with vendor G Square following a Lazard-led process
Squire Patton Boggs hires senior partner to Paris office
Maxime Dequesne’s appointment will enhance the law firm’s private equity practice in France
Cathay Capital launches EUR 500m health fund
New vehicle will invest at the crossover of health care, life sciences and tech with EUR 5m-50m tickets
EMZ in final stretch of EUR 1.2bn EMZ 10 fundraise
EMZ 10 held a first close in excess of EUR 800m earlier in May and continues to seek new LPs
French sponsor-led deal flow pushes through despite war in Ukraine stalling some auctions
YTD sponsor-led transactions value have so far seen the second highest performing year since 2015
Andera Partners holds EUR 450m first close for Andera MidCap 5
Vehicle has a target of EUR 600m and is around 50% larger than its predecessor, Winch Capital 4
VC Profile: Jeito Capital in final stretch of biotech fund deployment
Founder Rafaèle Tordjman outlines the French sponsor’s strategy as it aims to remain independent amid wave of consolidation in healthcare funds
Tikehau, Unilever, Axa form EUR 1bn impact fund
Each party has made a EUR 100m commitment and the agriculture-focused fund is now open to new LPs
Naxicap preps for Fund III with eyes set on DACH, Benelux expansion
Sponsor expected to hit the road “soon” for its new EUR 1bn-plus small mid-cap buyout fund
Eurazeo gears up for Eurazeo Capital V
GP has registered the fund almost three years after the EUR 2.5bn final close of its predecessor
Astorg adds new partner to Paris office
With addition of Jean Raby, Astorg will establish two new functions
Teachers' Venture Growth leads Alan's EUR 183m Series E
Temasek, Index, Coatue, Ribbit Capital, Exor, Dragoneer, and Lakestar also joined the round which values Alan at EUR 2.7bn
Phoenix sells 1000Heads to PE-backed Labelium
Phoenix Equity Partners has sold its stake in UK-based social media data and consultancy firm 1000Heads to France-headquartered Labelium, a portfolio company of Charterhouse Capital Partners.
Squire Patton Boggs makes France and Italy partner hires
Anthony Guillaume and Benjamin Marché join the Paris team, while Sara Belotti joins in Milan
Latour sells Atlas For Men to Motion Equity
Vendor owned the French menswear retailer for just three years; buyer participated in 2019 auction