FRANCE - CAPE makes 3x from sale of Béryl to Vivarte

The sale by Crédit Agricole Private Equity of shoe distributor Béryl to Charterhouse-backed Vivarte has been approved by market authorities.

The deal, which resulted from an unsolicited approach, was announced earlier this year, as Vivarte was completing its own buyout by Charterhouse.

Béryl posted revenues of EUR 64m in 2006.

Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017

Several investors placed bids for the company in 2022 but mismatch in pricing didn't lead to a deal

GP has owned the Norway-headquarterd market research business for almost four years

French employee savings distribution and management firm could be valued at a few hundred million euros

Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017

Czech Republic-headquartered family office is targeting DACH and CEE region deals

Ex-Rocket Internet leader Bettina Curtze joins Swiss VC firm as partner and CFO

Estonia-registered VC could bolster LP base with fresh capital from funds-of-funds or pension funds