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TCR Capital

Aerospace manufacturing
Chequers, TCR sell Thermocoax to trade in €158m deal

TCR has been an investor in heating technology specialist Thermocoax since 2000

  • Exits
  • 18 February 2019
London and UK-based deals
Abénex eyes TCR Capital acquisition – report

TCR is currently managing two funds, France Transmission I and TCR Capital Partners III

  • GPs
  • 15 November 2018
Fighter jet on deck
TCR Capital exits Alkan

TCR Capital sells its majority stake to IDI and family office Groupe Chevrillon

  • Exits
  • 21 July 2017
Water treatment plants and filtration systems
Argos Soditic's Valco acquires TCR Capital's D2FC

Second bolt-on completed by Valco since Argos Soditic became majority shareholder in 2014

  • Exits
  • 28 June 2017
Hospitals and healthcare
Eurazeo PME to acquire 80% of In'Tech Medical for €78m

Eurazeo is taking over from TCR Capital, which had secured a majority stake in In'Tech in 2012

  • Buyouts
  • 09 June 2017
Healthcare drugs and digestion assistance prescriptions
TCR Capital et al. in Lescuyer MBI

TCR secures a majority stake in the transaction, alongside Ouest Croissance and BPI France

  • Buyouts
  • 08 November 2016
Interpreter services and equipment
Capitem, Ouest Croissance back Proson management buy-back

TCR Capital had held a majority stake in the group since 2012

  • France
  • 19 September 2016
A Plus in capital increase for PE-backed Locabri

Prior involvement of GP’s Bled with business was key to landing all-equity deal

  • Expansion
  • 25 January 2016
3i exits Labco to Cinven in €1.2bn SBO

Company scrapped IPO plans prior to sale

  • France
  • 28 May 2015
Finding a cure
Deal in focus: MPVenture sells SDN to 3i-backed Labco

SDN backed by 3i, TCR, Nixen and CM-CIC Capital Finance

  • Southern Europe
  • 23 October 2014
Ardian’s Trescal bolts on two US firms

Fourth expansion deal for Trescal since Ardian acquisition

  • France
  • 10 April 2014
TCR buys Locabri from Ekkio

Siparex and Carvest to co-invest in SBO

  • Buyouts
  • 05 March 2014
Argos Soditic sells Alkan to TCR, IDI

Argos Soditic has sold Groupe Alkan, a French manufacturer of equipment for the aeronautical defence industry, to TCR Capital and IDI.

  • France
  • 26 February 2014
TCR in SET Environnement MBO

TCR Capital has invested in the management buyout of SET Environnement, a French business specialising in asbestos removal.

  • Buyouts
  • 28 January 2014
TCR acquires GEC in MBI

TCR Capital has acquired Générale d’Etanchéité et de Couverture Ile-de-France (GEC) in a management buy-in, bringing in Jean-Christophe Blot to succeed the company’s current president.

  • France
  • 06 December 2013
Ardian’s Trescal bolts on SE Laboratories

Trescal, a portfolio company of Ardian (formerly Axa Private Equity), has acquired SE Laboratories, a Silicon Valley-based provider of calibration services.

  • France
  • 04 October 2013
Axa PE buys Trescal in €250m SBO

3i stands to double its money in a little less than three years after agreeing to sell French measurement services specialist Trescal to Axa Private Equity for around €250m.

  • France
  • 17 June 2013
TCR exits Laboratoires Chemineau in trade sale

TCR Capital has sold French pharmaceutical company Laboratoires Chemineau to Groupe Anjac, generating a multiple in excess of 3x and an IRR of more than 20%.

  • France
  • 30 May 2013
PE-backed Labco in €100m high-yield refinancing

French medical diagnostics company Labco has made a €100m bond issue to repay the outstanding amounts borrowed under its revolving credit facility.

  • France
  • 14 February 2013
Socialist party candidate Francois Hollande plans to limit the tax deductibility mechanism for interest payments on acquisition debt if elected
France's fresh start

Fresh start

  • France
  • 28 January 2013
21 Centrale buys Oberthur from TCR Capital

21 Centrale Partners has bought French stationery manufacturer Oberthur from TCR Capital.

  • France
  • 07 January 2013
TCR invests in In'Tech Medical

TCR Capital has acquired a stake in French orthopaedic devices manufacturer In'Tech Medical, alongside Arkea Capital.

  • France
  • 05 October 2012
3i looking to divest Labco and Civica

3i has initiated much anticipated exit processes for Labco and Civica, two acquisitions made in 2008, according to reports.

  • Exits
  • 04 October 2012
€30m first close for TCR Capital

French GP TCR Capital has raised around €30m for its latest fund, a small-cap buyout vehicle.

  • France
  • 20 March 2012
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