Industrials
AP Ventures et al. invest €17m in Hydrogenious
AP Ventures and several corporates have invested €17m in the hydrogen carrier company
Gilde exits Powerlines to trade
Gilde Buyout Partners acquired a majority stake in Powerlines from Invest Equity in 2008
Gimv exits Legallais in management buy-back
Members of the founding family, management and employees will wholly own Legallais
CVC to acquire Ontic for $1.365bn
BBA Aviation acquired Ontic in 2006 for $67m and has pursued an acquisitive growth strategy
Quadrivio buys moulding specialist Rototech
Second deal made by the GP via its Industry 4.0 fund, launched in 2018 with a €300m target
Equistone buys Bulgin in £105m deal
Firm scores its fourth carve-out in a month with the purchase from Elektron Technology
Blackstone et al. in talks to sell Refinitiv in $27bn deal
Trade buyer LSEG and target Refinitiv's combined 2018 revenues amount to around ТЃ6bn
Advent International agrees £4bn take-private for Cobham
Proposed share price represents a 50.3% premium on the average value across the last three months
Equistone to acquire Heras
Equistone will acquire the property protection company from building materials group CRH
Demeter acquires Chesneau
Existing investor UI Gestion has reinvested in the company following its initial investment in 2011
VCs invest $10m in Cambridge Touch series-B
Funding round for the touch screen technology company was led by Japan-based Kureha Corporation
Steadfast, Kempen back Wilvo MBO
Kempen used its European Private Equity Fund, which held an interim close on €120m in June
Andera carves out Siemens' Merlin Gerin business
Andera's Winch Capital team backs French high-voltage equipment producer Merlin Gerin
Agilitas-backed Hydro International buys M&N
Hydro International is a UK-based wastewater treatment company that Agilitas acquired in 2018
Ardian buys majority stake in Staci from Cobepa
Transaction sees logistics services provider Staci valued at €600m, according to a report
Arsenal to acquire Clariant healthcare business for CHF 308m
Enterprise value of the healthcare business is equivalent to 13.2x adjusted EBITDA for 2018
FSN sells Velcora to trade for SEK 1.28bn
Acquisition includes Velcora's Roplan and Steridose businesses, both headquartered in Sweden
Cairngorm's Stamco and Parker bolt on Fairalls
Deal is the third installment in a buy-and-build strategy in the builders' merchant market
Blackstone to acquire CRH distribution arm for €1.64bn
Deal for the building materials provider is based on a 2018 pro forma EBITDA figure of тЌ155m
AnaCap makes 2.6x on Ellisphere exit
Sale of business intelligence company generates a 2.6x money multiple and 52% IRR for AnaCap
Rubicon sells Farsound Aviation to AGIC for £115m
Aviation-focused supply chain management company was reportedly marketed based on ТЃ11.4m EBITDA
Bencis invests in Gebhardt-Stahl
Bencis is currently investing from Bencis Buyout Fund V, which closed on €425m in 2016
Eurazeo-backed Efeso buys ROI Management Consulting
GP bought France-based business strategy and operations consultancy Efeso in Q4 2018
Citic and 3i's Formel D bolts-on CPS Quality
CPS will be incorporated into the Formel D Group, but will continue to trade under its name