News/France
Sofinnova's STENTYS IPO raises €22.7m
Sofinnova Partners' portfolio company STENTYS has raised up to €22.7m through an IPO.
Naxicap invests €1m in Xynergy
Naxicap has invested €1m in newly-created French healthfood company Xynergy.
IK Investment Partners acquires Snacks International
IK Investment Partners has taken a majority stake in French food company Snacks International, for an undisclosed amount.
LFPI et al. acquire Aurénis
LFPI, Edmond de Rothschild Investment Partners (EdRIP) and Barclays Private Equity (BPE) have backed the management buyout of French publisher Aurénis.
Ashurst appoints new lawyer in fund formation team
The Paris office of law firm Ashurst has appointed Tiana Rambatomanga as a senior lawyer in the fund formation team.
Bridgepoint and Apax acquire two jewel retailers for €600m
Bridgepoint and Apax Partners have acquired French jewellery retailers Histoire D'Or and Marc Orian from Silverfleet Capital and Qualium Investissement, in a deal that values the new group at €600m.
AXA Private Equity takes over Natixis private equity arms
AXA Private Equity has completed the acquisition of portfolios managed by iXEN Partners, NI Partners and Initiative & Finance from Natixis for €507m.
ISAI closes maiden fund on €35m
ISAI has announced the second and final close of its internet venture fund ISAI Développement on €35m.
Sopromec and BTP Capital back Charles Service MBI
Sopromec and BTP Capital have backed the management buy-in of forklift rental company Charles Service with a €170,000 investment.
Sopromec invests €300,000 in Alterpro Energie
French venture firm Sopromec has provided alternative energy company Alterpro Energie with €300,000 of funding.
Idinvest appoints three partners
Idinvest Partners, formerly known as AGF Private Equity, has appointed Jean-Philippe Boige, François Lacoste and Christophe Simon as partners.
Demeter Partners backs Neotek-Ponsel buy-out
Demeter Partners has purchased Neotek-Ponsel, the environmental division of Neotek S.A.S., as part of a management buy-in.
Riverside-backed Summit Medical Group acquires Orthomed
Riverside has acquired French medical equipment designer Orthomed as a bolt-on for its portfolio company Summit Medical Group.
WSA Avocats boosts team with six appointments
French law firm WSA Avocats has appointed six new associates, including three in its private equity team.
Naxicap invests in Laboratoire Gravier
Naxicap Partners has taken a minority stake in France-based Laboratoire Gravier, a manufacturer of organic cosmetics and cleaning products.
Schultze & Braun opens Paris office
German law firm Schultze & Braun, specialising in business recovery, insolvency and restructuring, has announced the launch of a new Paris office.
Naxicap injects €1.5m into Diamoco
Naxicap Partners has invested €1.5m in French oil equipment and services group Diamoco.
123Venture injects €1.6m in Sorec
123Venture has provided French furnishings company Sorec with €1.6m of funding.
Ontario Pension Plan appoints Jane Rowe
Ontario Teachers’ Pension Plan has appointed Jane Rowe to head its private equity unit.
Avenir Entreprises invests in Optilog
Avenir Entreprises has provided logistics company Optilog with mezzanine funding.
Turenne Capital backs Plastifrance MBO
Turenne Capital has backed the management buyout of plastic cards manufacturer Plastifrance with a €700,000 investment.
Naxicap and Avenir Entreprises reinvest in Oralia
Naxicap Partners and Avenir Entreprises have participated in the capital restructuring of real estate company Oralia, injecting respectively €27m and €3m.
Pragma Capital acquires IMV Technologies from OFI Private Equity
Pragma Capital has acquired French biotechnology company IMV Technologies from OFI Private Equity (OPEC).
Naxicap backs Primonial MBO
Naxicap Partners has backed the management buyout of The Groupe Primonial, the merging entity of Patrimoine Management & Associés and Primonial FundQuest.