PIERRE ET VACANCES - CENTER PARCS acquired by MUBADALA

The Emma bakery network disclosed on July 2026 the consummation of its inaugural leveraged buy‑out, whereby FrenchFood Capital, a specialist agrifood investment vehicle, acquired a minority equity position alongside Bpifrance. The transaction, structured by Sevenstones and launched in January, attracted approximately ten competing fund proposals before FrenchFood Capital was selected on the basis of its sectoral acumen and long‑term commitment. The deal facilitates the divestment of co‑founder Thibault Pillet, who has withdrawn from day‑to‑day management, and enables Louis Lepicard to realize a partial exit, thereby rebalancing the shareholder base

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

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

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

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

Aermont Capital has entered into an agreement to acquire Park Holidays, the UK-based holiday park and leisure home business of Sun Communities. The transaction encompasses all assets through which the US group operates in the UK, marking Sun Communities' exit from this market. This divestment is part of Sun Communities' strategy to refocus on its core manufactured housing and recreational vehicle businesses in North America. For the seller, the deal enables a simplification of its asset portfolio and concentration of resources on priority markets

Nextalia SGR assumes control of Costa Edutainment through the acquisition of the group’s top holding company, marking the exit of DeA Capital Alternative Funds (Green Arrow Capital) from the shareholder base, alongside a broader restructuring of ownership. The transaction also includes a partial reinvestment by the founding family through its controlling holding, ensuring continuity and alignment within the new capital structure. The scope covers the group’s full portfolio of leisure and cultural infrastructure assets, operated under long-term concession and management agreements

Emirates International Investment Company (EIIC), a leading UAE‑based private investment firm and the strategic investment arm of National Holding Group, acquired a minority stake in Joe & the Juice. The transaction is structured as a mix of secondary share purchases from General Atlantic and the issuance of new equity, with General Atlantic remaining the majority shareholder and retaining control of the business. The move deepens an existing partnership between the two parties, as EIIC already operates as a franchise partner for Joe & the Juice in several markets, including Spain and Turkey, where it combines local market knowledge with capital to support store rollout and brand‑building

The executive management of La Tête dans les Nuages has finalized a minority "flex equity" transaction with a consortium led by Byway Capital and supported by Bpifrance. The strategic rationale for this operation centers on an "aggressive-scaling" play, merging the target's technical operational depth in the leisure sector with the sponsors' institutional capital and mezzanine expertise. This structural alignment allows the organization to remain under the controlling leadership of its majority owner while securing the definitive financial resources required to execute a massive network expansion

Friendly Hotels has secured a new round of investment to accelerate its expansion in major Alpine ski resorts. The operation sees the historical financial sponsor, 123 Investment Managers, renewing its commitment, strategically joined by new institutional partners Bpifrance and Smalt Capital. This newly formed financial consortium provides the crucial capital required for Friendly Hotels to successfully acquire the business and real estate of a new prime hotel, alongside purchasing the underlying property of one of its historically managed assets