France
Ardian takes minority stake in Sarbacane Software
Third investment completed by Ardian Growth in the past two months, following Santédiscount and Abvent
Breega Capital closes second fund on €100m
Breega Capital Venture One, the firm's maiden fund, had reached a €45m close in March 2016
PE-backed Global Bionenergies in €10m private placement
CM-CIC and Seventure Partners are among the company's shareholders, and are reducing their respective stakes
Oaktree takes majority stake in Groupe SAF
BPI France, BNP Paribas Développement and Crédit Agricole des Savoies retain a minority stake in the company
Truffle Capital exits Credit.fr
Credit.fr was incubated by Truffle Capital in 2015 with an initial investment of €3m
Aleph and BPI back Ekinops' acquisition of OneAccess
OneAccess has been backed by a consortium of VCs since 2003, including Idinvest and CM-CIC
Vitruvian closes third fund on €2.4bn hard-cap
Vehicle is considerably larger than its £1bn predecessor, which held a first and final close in 2013
Keensight hires Louvel as associate director
Louvel leaves his role of manager at AT Kearney after six years to join the French GP
XAnge exits KissKissBankBank
XAnge Private Equity first invested in the Parisian startup with a €750,000 seed roundin 2009
Cathay Innovation raises $320m for first vehicle
Cathay Innovation, Cathay Capital Private Equity's venture arm, closes its first investment vehicle
Safran and Pengpai in $26m funding round for Kalray
Safran Corporate Ventures and Pengpai join as new investors in the round alongside previous backers
Argos Soditic's Valco acquires TCR Capital's D2FC
Second bolt-on completed by Valco since Argos Soditic became majority shareholder in 2014
Artemis holds first close on €100m for Red River West
Vehicle's investment strategy will be focused on French startups looking to expand into the US
EQT Credit et al. in exclusivity over Tiama sale to Caravelle
Proposed sale of glass packaging inspection business comes after a three-year holding period
NewAlpha closes first VC fund with €56m
GP aims to build and develop a diversified portfolio of fintech and insurtech startups
Truffle launches €200m BioMedTech fund
Truffle Capital will build on its existing experience in the medtech and biotech sectors
Idinvest in €12m round for M2i
Idinvest Growth Fund II was launched last year and held a first close on €250m in November
Mid-market fuels surge in French buyouts
Aggregate value in the country's buyout space reached the second highest level for six years in the three months to May 2017
CM-CIC backs Le Normandy and Clinique Développement merger
CM-CIC started backing the Le Normandy group in 2000, structuring a €9.3m financing round
IK takes majority stake in Pinard Emballages
GP invests in the packaging business via the IK VIII fund, closed on €1.85bn last year
Benchmark, Idinvest et al. sell Zenly to Snapchat
Zenly has raised an estimated $35.12m (€32m) in total to date through three expansion rounds
Apax and Altamir sell Altran share block
France-based Apax Partners took part in a €130m capital increase for Altran in 2008
BPI France, Arkéa Capital et al. exit Quadran
Quadran's investor pool includes BPI France, Arkéa Capital Investissement, Demeter Partners, Soridec and UI Gestion
Iris Capital holds €250m first close for IrisNext
Venture fund, which will largely focus on the digital sector, is largest raised by the GP to date