Industrials
Lansdowne et al. in $120m round for TechMet
Company intends to launch a new round of funding later this year, with the goal of raising around $250m
NB Renaissance launches €362m takeover for Sicit
NB Renaissance intends to take the company private alongside its current shareholder Intesa Holding
Battery Ventures buys IMC Test & Measurement
Company will operate with the GP's existing test and measurement companies in the US and Denmark
Electric car maker Polestar raises $550m from new investors
Company raised $1.2bn in a series-A round last year and said that further fundraising was being considered
Abac sells Isolana to Blackstone's BME
Sale ends a two-year holding period for Abac, which acquired a stake in Isolana via its €320m fund Abac Solutions I
Klar Partners to acquire ISS Kanal Services
Carve-out is the first DACH-region platform investment from Klar Partners' €600m debut fund
Espiga sells Unica to Hexpol for €48m
Unica's management team stays on with the business and will continue to lead the company
Searchlight's Survitec completes refinancing
Ares' ТЃ270m package will be used in part to finance the add-on of IK's Hansen Protection
Activa sells Alliance Etiquettes to Chequers
Activa reinvests in the business in exchange for a minority stake, via its ACF IV fund
KJK acquires heavy equipment provider Alwark
GP will acquire a 66% stake in the company via its €250m KJK Fund III
KPS to buy Crown's EMEA tinplate packaging business
European packaging sector buyouts in 2021 already exceed the aggregate value recorded in 2020
Orienta-led consortium sells Sidac to Lindsay Goldberg's Schur
Sale ends a four-year holding period for the club deal led by Orienta, which acquired Sidac from its parent company Acmar
Investcorp, LDC exit Kee Safety
Exit sees the UK-based building safety business acquired by management, backed by ICG
NorthEdge acquires Correla
Acquisition of the energy data company is the first platform investment from the GP's ТЃ250m Fund III
ECM buys driving school support service Academy
GP is acquiring a majority stake in the driving school support service via its €325m GEP V fund
Endless exits Carpet & Flooring in trade sale
GP acquired the carpet and flooring division of listed building products company SIG in early 2017
Astorg in exclusive negotiations for CVC's Corialis
SBO will be the fifth PE buyout for the aluminum door and window systems producer since 2004
DBAG buys majority stake in R+S Group
Equity investment of €15m is from DBAG's balance sheet and is intended to be a long-term investment
Investindustrial launches takeover for Guala
Minority shareholders GCL Holding and Peninsula Capital might try to block the takeover
H2 Equity readies Brink exit with Houlihan Lokey
Brink will be marketed based on EBITDA of more than €25m, according to one source
Triton reaps 2.4x return on sale of Logstor
Deal comes more than seven years after Triton invested in Logstor via Triton Fund III
Callista Private Equity acquires Pleiger Thermoplast
Carve-out will see the thermoplastics parts and products producer rebranded as Globus Thermopast
Inflexion sells Kynetec to Paine Schwartz Partners
Fourth exit in four months sees the GP net returns of more than 3x money and a 25% IRR
Cairngorm Capital buys majority stake in Bromborough
GP plans to support geographical expansion and add-ons for the paint and wall coverings distributor