Industrials
Foresight-backed Envair acquires TCS for £2m
TCS managing director Dave McCabe will stay on with the combined company
Verizon Ventures, PME Investimentos in €4m round for PicAdvanced
PME invests via Fundo 200M, a €200m co-investment vehicle that supports the expansion of Portuguese startups
Nordic Alpha Partners et al. in $14m round for DyeMansion
Series-B round follows a seed round in 2018, backed by BtoV, AM Ventures and Unternehmertum
Horizon exits Glass Container to Vetropack
Glass Container companies are portfolio companies of Horizon Capital’s Western NIS Enterprise Fund
Armonia-backed Biodue buys Farcoderma
Following the deal, the combined group will employ a staff of 200 and generate revenues of c€60m
Callista buys Ledvance Eichstätt
Company will now operate as Aurora Lichtwerke and was sold as part of a non-core asset divestment
ECI invests in CSL
ECI is currently investing from its ECI 11 fund, which closed on £700m on July 2018
Pentapart buys Westiform Germany from insolvency
Signage company filed for insolvency in 2019, citing a fall in revenues from automotive clients
GCP invests in GTS
GCP makes hybrid debt and equity investments of £5-30m across a variety of sectors
EQT closes acquisition of Schülke
Deal values the hygiene products producer at €925-1bn, subject to an earn-out provision
HLD to acquire majority stake in Microwave Vision Group
HLD will issue a public takeover offer following the expected deal completion at the end of 2020
Equistone’s Rena buys Hirtenberger Engineered Surfaces
Chemical surface treatment equipment manufacturer is continuing to seek add-ons in niche sectors
Eurazeo to buy majority stake in Utac Ceram
BPI France-backed FCDE II bought a majority stake in the transport services company in 2017 for €50m
Gilde Equity Management acquires HC Groep
Gilde has acquired the climate technology and building ventilation company from Airvance Group
Madison Dearborn acquires IPLP for C$981m
CDPQ, the company’s largest shareholder, will retain 24.9% of shares through a subsidiary
BC Partners backs Ima in €3.6bn deal
BC Partners and Sofima will launch a mandatory tender offer to acquire all remaining Ima shares
Signals Venture Capital leads €34m round for Everphone
B2B mobile phone rental startup expects to benefit from increased home working due to the pandemic
Waterland buys majority stake in Leupold
GP plans to assist the company with add-on acquisitions in the folding packaging sector
Ace Aero Partenaires reaches €630m first close
Fund is dedicated to supporting the aerospace sector in the wake of the Covid-19 pandemic
Suma invests in Gestcompost
GP deploys capital via Suma Capital Efficiency & Environment fund, which closed on €150m in 2018
V4C-backed Kom-Eko buys Lubelska Agencja Ochrony Srodowiska
Value4Capital acquired Kom-Eko from Royalton Partners in November 2018 via its V4C Poland Plus Fund
Auctus Capital Partners invests €30m in BlinkLane
Deal is a combination of a buyout plus growth capital and aims to support add-on acquisitions
Talde backs Engineered Fire Piping
GP intends to consolidate the company's market position in Spain and boost its international expansion
Cadman's Backs Enterprises acquires Norpol, Burbridge
Louth-based companies are specialist operators in the printing and packaging sector