Industrials
Astorg buys Microconnections from Bain's FCI
Astorg Partners has acquired Microconnections from French connectors manufacturer FCI, a portfolio company of Bain Capital.
Polaris backs Scandinavian Track Group MBO
Polaris has acquired a majority stake in railway service and maintenance company Scandinavian Track Group from its management and employees.
Imperial Innovations backs £5m round for Plaxica
Imperial Innovations Group has led a ТЃ5m finance round for technology and licensing company Plaxica in return for a 36.5% stake.
Segulah ups stake in Kemetyl
Segulah has increased its shareholding in Kemetyl to 100% and transferred the ownership of its subsidiary hygiene business Antibac to CCS/Opus.
Azulis Capital buys Shop Novation off Argos Soditic
Azulis Capital has bought French merchandising solutions provider Shop Novation from Argos Soditic.
EdRIP et al. take 25% stake in EPG group
Edmond de Rothschild Investment Partners (EdRIP) and Siparex have taken a 25% stake in French protection equipment company Groupe EPG.
CAPE backs SIMP MBI
Crédit Agricole Private Equity (CAPE) has taken a majority stake in the management buy-in of French industrial supplier SIMP.
HTGF invests in Autoloader
HTGF has provided seed financing together with senior shareholder Thomas Breuer from BF Consulting for automated baggage loading system specialist Autoloader.
Afinum sells Pinova to trade
Private equity firm Afinum has sold tinting solution provider Pinova AG to CPS Color for an undisclosed amount.
Portobello and Vista exit Maxam to Advent for €900m
Advent International has acquired a 50% stake in Spanish explosives supplier Maxam as part of a secondary buyout valued at almost €900m. The deal represents an exit for Portobello Capital and Vista Capital.
Bridges Ventures invests £2m in Ardenham Energy
Bridges Ventures has provided ТЃ2m of funding for renewable energy company Ardenham Energy.
AXA PE reacquires Photonis from Astorg
AXA Private Equity has reacquired French electronics company Photonis, three years after selling it to Astorg Partners.
WHEB backs Green Energy Group
WHEB Partners has invested in Oslo-based Green Energy Group (GEG), a supplier of small-scale geothermal power plants.
PE-backed MBO for MB Electronique
Avenir Entreprises and CM-CIC Capital Privé have backed the management buyout of French electronic equipment distributor MB Electronique.
Nord Holding buys WEMAS
Nord Holding has acquired WEMAS Absperrtechnik, a provider of safety equipment for construction sites.
GE overcomes hurdle in Converteam trade sale
General Electric (GE) has reached an agreement with the US Justice Department (DoJ) allowing it to acquire French engineering group Converteam from Barclays Private Equity and LBO France.
Clyde Blowers Capital sells Clyde Union Pumps for £750m
Industrial investment company Clyde Blowers Capital has sold its Scottish portfolio company Clyde Union Pumps to American Fortune 500 company SPX Corporation for ТЃ750m.
Bridgepoint acquires four businesses from Hampson
Bridgepoint Development Capital (BDC) has acquired four businesses from Hampson Industriesт Aerospace Components & Structures division for $84m.
CFH backs DMB buy-in
CFH Beteiligungsgesellschaft has acquired a 50% stake in metal manufacturer DMB Metallverarbeitung GmBH in a management buy-in.
Ersel nabs Arbo from Quadrivio
Italian SME investor Gruppo Ersel has acquired an 80% stake in Accessori Ricambi Bonazzoli (ARBO) from fund manager Quadrivio in a secondary buyout.
IK sells Magotteaux for €550m, reaps 6x money
IK Investment Partners has sold Belgian industrial supplier Magotteaux to Chilean group Sigdo Koppers for €550m.
Astorg leads FCI unit auction
French mid-cap firm Astorg Partners has entered into exclusive negotiations to acquire FCI's microconnections division from Bain Capital, according to sources close to the transaction.
Bregal buys Novem from creditors
Bregal Capital has acquired troubled automotive supplier Novem.
Industrifonden et al. invest SEK 9m in SEEC
Industrifonden, STING Capital and ALMI Invest have invested SEK 9m in SEEC, a company that develops, markets and sells energy stores with energy modules for large buildings.