Industrials
Sparring, Socadif buy Cesa-cap in SBO
Management team retains a minority stake in electrical engineering company Cesa-cap
Apicap backs T&T Consulting MBO
Founder and CEO Christophe Janin retains a majority of the engineering and consulting firm
Hannover Finanz acquires stake in Lacon Electronic
Hannover Finanz targets medium-sized enterprises with annual sales of at least €20m
BNP Paribas partially exits Nexeya to Hensoldt
KKR-owned Hensoldt will buy some activities of the electronic equipment provider
Cartesian's Arlington Industries secures £95m refinancing
Deal will enable the automotive and aerospace components firm to bolt on Wahler
GEI, Nord Croissance back Manganelli
GPs will support the buy-and-build strategy of the audiovisual services specialist
Abac Capital backs building materials specialist Isolana
GP invests via its Abac Solutions I fund, which held a €320m final close in 2016
PAI's M Group makes triple bolt-on
Infrastructure group acquires telecoms-focused Avonline Networks and water specialists IWJS and TPC
Credo Partners acquires MMC First Process
Main vendor is Norwegian maritime group Hayvard, which is selling a 77% stake in the business
Andera exits VMI Jokon to management
Marc Laisne and management buy back VMI Jokon, an automotive equipment manufacturer
YFM exits Leengate Valves in management buy-back
Divestment of the industrial valve wholesaler brings to an end a five-year holding period
PE-backed Addev Materials bolts on Graytone
Addev will focus on synergies from the Graytone project in Europe and the Middle East
Triton's Chevron acquires Traffic Management Services
Acquisition of the traffic management business comes one year after the GP invested in Chevron
EQT buys Dellner Couplers
GP draws capital for the transaction from its latest flagship buyout fund, EQT VIII
IK acquires BST
Since 2016, BST's annual revenues have grown from SEK 220m to almost SEK 340m in 2018
Carlyle exits VWD for €130m
VWD was a Carlyle Europe Technology Partners II portfolio company
M80 buys Theuma
M80 backs Theuma, a doors and frames specialist, investing for the first time in Belgium
Afinum-backed Liftket acquires Movecat
Acquisition follows Liftket's purchase of Chainmaster in 2018, which was also supported by Afinum
VR Equitypartner and SuedBG look to exit Duo Plast
VR Equitypartner and SuedBG acquired a majority stake in Duo Plast in November 2013
Waterland sells Infra Group to Andera
Andera backs Belgium-based infrastructure company via its €445m Winch Capital 4 vehicle
Odewald acquires AMT Schmid
Odewald KMU invests in companies founded less than 30 years ago that generate sales of up to €100m
S-UBG acquires minority stake in Sato
S-UBG has acquired a third of the shares, while the remaining shares are owned by management
Ardian backs Rivalis OBO
GP has acquired a minority stake in the business, investing alongside its management
Battery Ventures-backed AED-Sicad acquires Geocom
Geocom and AED-Sicad will merge and the combined company will operate under a new brand
