BPIFRANCE, THREE HILLS, TURENNE CAPITAL & GROUPE VYV take majority stake in DESTIA

Charvet has been acquired by Chanel, concluding a transaction announced in early July 2026 that transfers ownership of the historic shirtmaker to the luxury group. The acquisition follows a series of informal engagements that began with a collaborative runway presentation and culminated in negotiations between the Colban family and Chanel’s fashion leadership. Both parties highlighted the cultural fit and the desire to preserve Charvet’s bespoke heritage within a broader luxury portfolio. The strategic rationale centers on Chanel’s intent to broaden its product ecosystem by integrating a specialist made‑to‑measure capability

Basic‑Fit has announced the acquisition of German fitness operator Wellyou from its private‑equity owner Auctus Capital Partners. The transaction is structured as an all‑cash purchase and is slated for completion in the third quarter of 2026. At the time of the announcement, Wellyou operated 41 clubs in northern Germany and maintained a membership base of roughly 110,000 individuals. The deal adds these locations to Basic‑Fit’s existing German portfolio, which already includes 74 clubs and 22 sites acquired through its Clever Fit subsidiary

Pre-eminent private equity firm PAI Partners has reached a definitive agreement to acquire a majority equity stake in Arlettie, partnering alongside the company's founders, Muryel Lanneau and Thibaut Caillemer du Ferrage. Executed as a tertiary leveraged buyout (LBO ter), the transaction facilitates the formal exit of incumbent investors Capza Transition and BNP Dev. The capital will be deployed through PAI Mid-Market Fund II (PAI MMF II), the sponsor's dedicated vehicle targeting mid-market opportunities

Capza has entered into exclusive negotiations to acquire a minority stake in Respire as part of its Flex Equity strategy. This transaction marks a new milestone in Respire's development, while maintaining founder control over the company. The deal primarily involves the buyout of shares held by historical investors who participated in a previous funding round (Bpifrance, Raise Ventures, and Kostogri), with Capza becoming the company's primary minority financial partner. In parallel, the founders are taking the opportunity to slightly strengthen their position and retain a comfortable majority stake in the company

Funds advised by Ekkio Capital, together with co-investors including Bpifrance, Carvest, BNP Paribas Développement and CIC Private Debt, have completed a new €240 million financing and buy-out package for Calicéo, a French balneotherapy and wellness center operator. The transaction marks a new growth phase for the company and supports its accelerated expansion strategy in France and internationally. The financing package is structured through a combination of equity and debt. Approximately €65 million is provided in equity, largely reinvested by Ekkio Capital through its latest fund, a continuation vehicle backed by LGT Capital, and a co-investment vehicle alongside BNP Paribas Développement and a family office

Isalt and Raise Impact have entered into an agreement to acquire a majority stake in Pearltrees, a leading French educational software publisher. The transaction involves the acquisition of 77% of the company's capital, split between Isalt's Strategic Transition Fund, which will hold 46%, and Raise Impact II, which will take a 31% stake. The five co-founders of Pearltrees will collectively retain the remaining equity and continue to be fully involved in the company's development. This deal enables the complete exit of the company's historical financial shareholders, comprising primarily business angels and family offices that have been invested since the early stages of development

Quadrivio & Pambianco, through its Made in Italy Fund II, and Capdesia Group have acquired 100% of Alice Pizza's share capital from Green Arrow Capital and the founding Giovannini family. This transaction marks the complete exit of Green Arrow Capital, which held its stake through the Idea Taste of Italy fund, as well as the exit of the historical founders who had accompanied the group's development for over three decades. The acquisition enables Alice Pizza to embark on a new chapter of growth, backed by two investors with recognized expertise in consumer goods, branding, and organized restaurant services

Yum! Brands has announced the signing of definitive agreements to divest its entire Pizza Hut business, following a strategic review process initiated in November 2025 to assess the best value-creation options for the brand. After careful consideration, the company has decided to separate Pizza Hut from its portfolio to focus its resources on its other brands and strategic growth priorities. The transaction is structured into two separate deals. Pizza Hut's operations outside of mainland China will be sold to LongRange Capital, while Yum China Holdings will acquire the Pizza Hut business in mainland China

Ravensburger AG has announced the acquisition of a majority stake in Margarete Steiff GmbH, the historic German plush toy manufacturer founded in 1880. The transaction brings together two iconic players in the family entertainment industry and reflects Ravensburger’s strategy of expanding its portfolio through premium brands with strong heritage and international recognition. The acquisition represents a strategic expansion for Ravensburger into the premium toy and collectible segment. By combining Ravensburger’s expertise in puzzles, games and educational content with Steiff’s craftsmanship and distinctive brand identity, the transaction creates a complementary platform for future growth

The acquisition of FineToday Holdings by Bain Capital represents the full exit of funds advised by CVC Capital Partners through a 100% buyout transaction. The deal follows a multi-year value creation phase initiated in 2021, when CVC carved out FineToday from Shiseido and established it as a standalone consumer platform. Since then, the company has strengthened its operational independence, expanded its product innovation capabilities, and accelerated its growth across Asia, particularly in China and Southeast Asia