Industrials
Credo Partners partially exits Lönne Holding
Credo Partners has sold LУЖnne Holding to Brammer, while simultaneously acquiring the group's subsidiary LУЖnne Service.
Deal in focus: Oquendo in €20m Monbus mezzanine deal
Oquendo Capital made a €20m mezzanine commitment to Spanish bus operator Monbus in December, highlighting the rise of the alternative debt market in Spain.
Springwater picks up Adveo division for €16m
Swiss turnaround investor Springwater Capital has acquired the industrial business unit of Adveo for €16m.
N+1 Mercapital secures stake in Salto
N+1 Mercapital has acquired a 22% stake in electronic lock company Salto Systems.
OpenGate pulls Kem One out of administration
Global buyout house OpenGate Capital has acquired European PVC producer Kem One out of administration.
Spie eyes IPO
French engineering company Spie, backed by Clayton Dubilier & Rice (CD&R) and Ardian, is considering a public listing by the end of the year.
Lucibel closes cash and bonds funding round
French LED lighting solutions provider Lucibel has raised €15m from Bpifrance, Aster Capital and CM CIC Capital Innovation.
Fondo Italiano backs Forgital Group
Fondo Italiano di Investimento has injected €30m into Forgital Group, an industrial components manufacturer and systems provider.
AAC backs Lubbers MBO
AAC Capital Benelux has acquired a majority stake in Lubbers Transport Group, a Dutch transport and logistics company for the oil and gas industry, as part of a management buyout.
Nazca Capital in €45m Fritta buyout
Nazca Capital has acquired a majority stake in Spanish ceramic tiles company Fritta.
Carlyle and Vitol invest in Varo Energy
Carlyle has teamed up with Vitol Group to invest in Varo Energy, in a move to create a midstream energy business in north-west Europe.
Arx reaps 4.5x on Ergis Eurofilms exit
Arx Equity Partners has divested Polish plastics processor Ergis Eurofilms through a series of block trades to investors on the Warsaw Stock Exchange.
Maven invests £5m into R&M Engineering MBO
Maven Capital Partners has supported the management buyout of R&M Engineering with a ТЃ5m investment in return for a majority stake.
Ardian acquires NHV Group
Ardian has acquired a majority stake in Noordzee Helikopters Vlaanderen (NHV) Group, a Belgium-based provider of helicopter transport services.
Carlyle pours $200m into Discover Exploration
Carlyle has invested $200m in Discover Exploration, an oil and gas company led by the former Cove Energy management team.
Finnish Industry Investment et al. back Visedo
Finnish Industry Investment has invested тЌ4m in Visedo, a Finnish developer of electrical drive components, alongside previous backers.
CGS-backed Top-Werk acquires Hess Group
Top-Werk, an industrial machinery business backed by Swiss private equity firm CGS Management, has bought Hess Group.
Onex-backed Tomkins eyes IPO
UK-based components manufacturer Tomkins, backed by Onex Corp and the Canada Pension Plan Investment Board (CPPIB) is considering an IPO.
PE-backed Keymile acquires Hytec Gerätebau
Data transmission system provider Keymile, backed by Halder and The Riverside Company, has bought Hytec Gerätebau, a provider of communication network products.
LPFA makes first direct co-investment with Secured Mail
The London Pension Fund Authority (LPFA) has completed its first direct co-investment, investing in postal operator Secured Mail alongside Adveq and Next Wave Partners.
Activa and Paluel-Marmont back Gaz Européen
Activa Capital and Paluel-Marmont Capital (PMC) have invested in Gaz Européen, a French B2B energy supplier.
HitecVision sells Stream for $260m
HitecVision and Converto Capital have agreed to sell Stream, a Norwegian oil & gas services company, to MRC Global.
Capvis and Partners Group acquire VAT Holding
Swiss private equity firm Capvis Equity Partners and private capital manager Partners Group have jointly acquired vacuum valves manufacturer VAT Holding.
Siparex makes 5x on Manuloc exit
Siparex has sold its stake in French logistics business Manuloc to existing backer CM-CIC Capital Finance after more than 10 years as a minority shareholder.