PARIS MATCH acquired by LVMH

Andera Partners acquires a majority stake in CDS Groupe, the French champion of business hotel booking solutions. This secondary LBO marks the exit of historical investors Siparex and Bpifrance. Ziad Minkara, the CEO, remains at the helm. With Andera's backing, CDS aims to accelerate its international expansion (particularly in Europe, targeting Italy and Germany) and potentially pursue new acquisitions to consolidate the fragmented business travel market.

Inflexion has agreed to acquire a majority stake in Finanzen.net Group from the media conglomerate Axel Springer. The transaction is structured as a carve-out, separating the financial portal and brokerage business from the parent company to operate as a standalone platform. The founders will retain a significant stake and continue to lead the business. Strategically, Inflexion aims to accelerate the growth of the "Zero" neobroker division by cross-selling to the portal's massive audience, effectively converting media traffic into trading customers

This transaction involves a significant restructuring of the target’s capital, resulting in a newly introduced family office acquiring a controlling majority stake. The operation successfully materializes merely a few years after a previous take-private leveraged buyout. Demonstrating strong ongoing confidence, the former private equity majority owner significantly reinvests to maintain a minority position, alongside another historical institutional shareholder and the executive management team. The acquisition is robustly supported by a comprehensive senior debt package syndicated by a consortium of major banking institutions

idealista has been acquired by Cinven in a transaction that secures a controlling equity position for the private equity firm. The agreement was announced in June 2024 and is subject to regulatory clearance and customary closing conditions. Cinven identified the platform as a strategic addition to its Iberia and technology‑focused investment portfolio, noting the company’s established market presence and diversified digital service suite. The acquisition aligns with Cinven’s objective to deepen its exposure to high‑growth online marketplaces in the real‑estate sector

Sagard has emerged as the winner of a competitive auction process managed by Amala Partners and eCap Partner, acquiring a majority stake in Primelis. The transaction values the company with a premium valuation underpinned by a 40% average annual growth rate over the last five years. The financing package includes a unitranche debt provided by Eurazeo Private Debt, which is structured to potentially evolve into a senior debt with PIK (Payment-in-Kind) interest to maximize reinvestment into growth

Latour Capital has successfully completed the capital reorganization of European Digital Group, acquiring a 30% stake alongside historical partner Montefiore Investment. This "LBO Bis" transaction, orchestrated by Lazard, was highly competitive, attracting interest from major funds such as Towerbrook and Marlin Equity Partners. The deal is strictly engineered to fuel a massive scale-up phase, aiming to quadruple the group’s revenue from €250M to €1Bn by 2028. To adequately capitalize this ambition, a senior debt package was arranged by a syndicate including CACIB, La Banque Postale, BNP Paribas, and Allianz, representing a leverage of approximately 4x EBITDA

Adevinta ASA is being acquired by Blackstone Inc. and Permira Advisers LLP in a joint transaction announced in November 2023. The deal follows a competitive process that concluded after the companies received regulatory clearance in key jurisdictions. Closing is anticipated in the fourth quarter of 2023, subject to customary closing conditions and final shareholder approvals. The acquisition results in a change of control from eBay Inc., which previously held a significant stake. The transaction aligns with Blackstone’s objective to expand its exposure to high‑margin digital platforms that generate recurring advertising revenue

EMZ Partners has successfully organized a management-sponsored buyout to support the founders of Yuri & Neil in their acquisition of majority control of the group. This strategic operation marks the beginning of a new expansion cycle for the agency, which has demonstrated a remarkable growth trajectory since its inception five years ago. To adequately capitalize this transition, a senior debt facility was arranged and fully subscribed by a banking pool consisting of Caisse d’Epargne Île-de-France (CEIDF), Société Générale, and CIC

The Independents finalized a $400 million fundraising round led by TowerBrook and FL Entertainment, representing a massive secondary leveraged growth operation. This investment, which followed a successful debt financing round led by BIL, Société Générale, and others, is intended to accelerate the group's international expansion and acquisition strategy. The group's ambition is to more than double in size by 2025. The deal allowed for the exit of Cathay Capital while providing the financial backing for the group to further consolidate its position as a "one-stop-shop" partner for iconic luxury brands worldwide

This transaction represents a renewed leveraged buyout where the incumbent private equity majority shareholder reinvests through its latest flagship fund to maintain absolute corporate control. The operation is executed in seamless alignment with the founding executive and the broader management team, who remain deeply involved in the capital structure. This strategic capital reorganization provides renewed stability and enhanced financial capabilities without altering the existing governance. The primary rationale underpinning this renewed partnership is to aggressively accelerate the company's geographic expansion through a balanced combination of robust organic growth and targeted external acquisitions