Industrials
Invision-backed Schneider Group bolts on Nova Traffic
Add-on is part of a succession solution for the Switzerland-based logistics and delivery company
Ace Management et al. invest €50m in Mecachrome
Company has benefited from a state-guaranteed loan from its banks with a financing of €60m
DBAG-backed Ding Group bolts on Reinhard Rohrbau
Transaction is subject to competition authority approval and will mark Ding's third bolt-on in 2020
Callista Private Equity carves out ArcelorMittal Ringmill
GP focuses on special situations and generally invests in companies with negative EBIT margins
LitCapital exits NNL
Investment generates a 4x return, for an IRR of 26%, for LitCapital
Mutares sells Klann Packaging to Accursia Capital
Sale ends a nine-year holding period for Mutares and the GP is now focusing on larger investments
Triton buys Lamina Technologies
GP invested vis its Smaller Mid-Cap Fund and plans to support the company's international expansion
Triton's AVS Verkehrssicherung announces two add-ons
Deals mark the seventh and eighth add-ons for the road traffic safety business since 2017
Sun Capital's Flabeg Germany files for insolvency
Coronavirus lockdown and its impact on the automotive industry were the trigger for the filing
Alto Partners buys Costruzione Emiliana Ingranaggi
GP invests via Alto Capital IV, which held a final close on its €210m hard-cap in 2018
Triton-backed Univativ buys majority stake in Opus One
GP invested in the Germany-based recruitment firm via its Smaller Mid-Cap Fund in June 2017
INVL to acquire Eco Baltia
GP is investing from its INVL Baltic Sea Growth Fund, a vehicle that closed on €165m in February 2020
Eight Roads-backed Picsolve enters administration
Deloitte has been appointed to find a buyer for the whole company or for a part of it
Capvis-backed Variosystems buys Solve Engineering
Add-on of Swiss market peer is the first in Capvis's investment period and in the company's history
Levine Leichtman backs SIPM MBO
Previous investor Fin.Co sells its majority stake in the company following its investment in 2017
NB et al. buy minority stake in Castik-backed Waterlogic
In January 2020, BCI acquired a minority stake, which the three new incoming investors will share
IDIA et al. invest €15m in Amarenco
Amarenco also purchases Macquarie Capital's shares in their solar project joint venture
BPE backs Dätwyler Sealing Technologies MBO
MBO is the first investment from BPE 4, which held a final close in March 2020 on €135m
VR Equitypartner-backed Kälte Eckert buys Gartner Keil & Co
Deal is the second add-on for the Germany-based cooling systems and cold storage specialist
Abac Capital exits Metalcaucho to trade
Sale ends a five-year holding period for the GP, which invested in the company via Abac Solutions
HCS sells AGO to RheinEnergie
Sale ends a six-year holding period for HCS and was conducted via a competitive auction process
Anders Invest buys 50% stake in Topvorm Prefab
GP sees a positive future for the residential construction sector in spite of short-term challenges
Paragon buys Castolin Eutectic
Acquisition of the industrial equipment protection and repair specialist is Paragon's first in 2020
Rhône Capital to increase stake in Maxam to 71%
Rhône Capital already owns a 45% stake in Maxam, which it acquired from Advent International in 2018