Industrials
Valbart sale brings first exit for 21 Investimenti II
21 Investimenti, the Franco-Italian mid-market later stage investor, has sold Italian oil and gas engineering firm Valbart to listed US business Flowserve.
Alto Invest backs TXCOM with €1m
French private equity house Alto Invest has injected €1m into logistics information chain specialist TXCOM.
SEP et al. invest in Elonics
Scottish Equity Partners (SEP), Octopus Ventures and existing investors have injected £6.1m into fabless semiconductor company Elonics.
Dunedin to sell OSS
Dunedin has put UK waste lubricant and oils recycler OSS up for sale after receiving a number of unsolicited approaches.
AXA Private Equity backs JIT Solaire with €3m
AXA Private Equity has provided French photovoltaic energy specialist JIT Solaire with €3m of funding.
Siparex and Cogerfi back JST Transformateurs MBO
Siparex and Cogerfi have backed the management buyout of French electric transformers specialist JST Transformateurs (JST) from AIAC.
3i mulls over possible GES sale
3i Group has hired Citigroup to conduct a strategic review of Spanish wind farms builder Global Energy Services (GES).
Nextstage backs Groupe TCV MBO with €2.8m
Nextstage has backed the management buyout of French ventilation specialist Groupe TCV with a €2.8m investment.
Avenir Entreprises invests in logistics company Bomex
Avenir Entreprise has invested an undisclosed amount in Bomex, a Saint-Géréon-based logistics business.
Rabo leads €3.6m round for Voltea
Voltea Limited has received €3.6m from a group of investors led by Rabo Ventures.
HitecVision portfolio companies form AT Group
HitecVision has merged its portfolio companies Aarbakke, Technor, Valco and Vector to form AT Group (ATG).
Triton acquires Ovako
Triton Partners has wholly acquired the bar, bright bar, tube and ring divisions of Swedish steel producer Ovako.
Holland Private Equity injects €9m in Airborne
Holland Private Equity has invested €9m in Dutch developer and producer of composite components Airborne International.
Barclays acquires Allied Glass from CBPE
Barclays Private Equity (BPE) has backed the £75m management buyout of UK glass container manufacturer Allied Glass from CBPE Capital.
Dow Venture Capital takes minority stake in Blade Dynamics
Dow Chemical's Venture Capital arm has made a minority equity investment in UK wind turbine blades manufacturer Blade Dynamics.
NEON Private Equity in partial exit of Kuiken
NEON Private Equity, formerly Fortis Private Equity, has sold the Könicke subsidiary of Kuiken Group to the Swedish Lantmännen Group.
Sun European Partners acquires majority stake in Prodac
Sun European Partners has acquired a majority stake in Belgian steel stockist-merchant Prodac, for an undisclosed amount.
Finnish Industry Investment makes two investments
Finnish Industry Investment has recently provided venture capital funding for two deals; €2.7m in silver mining company Sotkamo Silver, and €3m in the passenger information and safety system developer Mitron Group Oy.
Alpha-backed Rhiag acquires Auto Kelly
Alpha Associati’s portfolio company Rhiag Group Ltd has acquired Czech car parts distributor Auto Kelly.
CapMan and Langholm exit Farmos in trade sale
CapMan and Langholm Capital have sold their shareholding in detergent supplier Farmos to KiiltoClean.
AXA Private Equity acquires Rollon Group
AXA Private Equity has taken a 51.8% stake in Italian linear motion manufacturer Rollon Group, for an undisclosed amount.
TDR Capital-backed Algeco acquires Yvelinoise de Matériel
TDR Capital's portfolio company Algeco has wholly acquired French modular construction specialist Yvelinoise de Matériel.
3i to sell German MWM and Norma Group
3i is reportedly working on plans to sell two German portfolio companies, MWM and Norma Group, whose collective value has been estimated to be in excess of €1bn.
NXP raises $476m on Nasdaq
Private equity-backed Dutch chipmaker NXP Semiconductors was floated on Nasdaq, at more than 28% below midpoint of the expected price range.