Industrials
Planet First seeks sustainability investments ahead of EUR 350m fund close
Managing partner and co-founder Frédéric de Mévius speaks to Unquote about the firm's evergreen fund and its investment strategy
Bridgepoint sells Element to Temasek for 3.7x money, 30% IRR
Testing, inspection and certification company is reportedly valued at USD 7bn in the sale to Temasek
Synova sells Pacifica's Home Services division to trade
GP invested in Pacifica in 2019 and will now focus on its applied services and warranty division
Eurazeo Smart City II holds EUR 150m second close
VC fund focuses on companies promoting the transition towards more liveable and sustainable cities
Refresco admits Jacobs, KKR, Platinum to second round
PAI-owned company is marketed based on EBITDA of EUR 514m and could be valued at USD 6bn
Prefere Resins owner Silverfleet readies imminent sale launch
Rhone Capital-backed ASK Chemicals is expected to establish itself as the frontrunner
Riverside sells Repa to Berkshire-backed PT Holdings
Manufacturer of spare parts for vending and catering mahines expected to post revenues of USD 1.2bn in 2021
Verdane's Porterbuddy sold to VC-backed Instabox
Verdane is reinvesting for a minority stake in the combined delivery service platform
PAI revives exit plans for Swedish chemicals group Perstorp
Options being explored by PAI include a sale to an industry player or an IPO, sources say
Axcel buys Danx, Livingbridge-backed Carousel
Livingbridge invested in Carousel Logistics in 2013; the company will now merge with Danx
Adelis acquires majority stake in Westpack from Capidea
Adelis acquires an 83% stake in the packaging company from Capidea, while management reinvest 17%
TDR et al. in EUR 4.9bn LeasePlan sale
LeasePlan will be combined with Societe Generale's car-leasing subsidiary ALD, forming NewALD
Axcel buys Picca Automation
Company sells industrial automation and software packages to the public and private sector in Denmark
Waterland buys Nowocoat
Paint manufacturer had revenues of DKK 200m in 2021 and has seen organic growth of 18% in 2018-2020
3G acquires 75% stake in Hunter Douglas at EUR 6.27bn valuation
Netherlands-based manufacturer of window coverings will be taken private following the transaction
Mandarin's Italcer to collect NBOs in early January
Company will be marketed off EUR 65m EBITDA expected for 2021 and more than EUR 70m for 2022
Perusa eyes Müpro exit
Formal sale process is expected next year with IMs to be distributed in the first half of 2022
Capiton buys Betonbau Group
GP is deploying equity via Capiton VI, which held a final close in November 2021 on EUR 504m
Carlyle buys Altadia from Lone Star
Lone Star Funds bought Esmalglass for EUR 605m in 2017, forming Altadia in 2021 via a merger with FTC
Aurelius in conversations with sponsors for NDS Group exit
Aurelius acquired NDS Group, then called Hellanor, from Nordic Forum Holding in 2018
Ardian, Cathay buy listed Artefact
Ardian is investing in the data consulting and digital marketing company via its Expansion strategy
Rutland exploring dual-track exit for Omar Group
UK-based builder of park homes and luxury lodges is expected to come to market in Q1 2022
Vita Group attracts early interest from ICG and Lone Star
Information memorandums have been distributed for the UK manufacturer of polyurethane foam
OTPP's Trivium adds to busy packaging auction pipeline
Owners of Trivium Packaging are expected to kick off a sale process early next year
