Industrials
Triton exits steel waste recycling company Befesa
Sale ends a six-year holding period for the GP, which bought Befesa from recycling company Abengoa
Wineus Capital acquires Zurrfix
Wineus typically provides investments of between CHF 5-30m for SMEs in Switzerland
GPs sell public transport operator Hansea to DWS
Belgium-based Hansea acquired four peers based in Flanders and Wallonia since 2014
Triton-backed AVS bolts on Fero
Triton bought AVS from Steadfast Capital in 2017, drawing equity from its €3.3bn vehicle Triton IV
Avallon-backed Fiten files for bankruptcy
Fiten posted a loss of PLN 9.5m from sales of PLN 227.8m in 2018, according to company records
Riello holds €50m first close for Italian Strategy
Fund targets Italian SMEs operating in the fashion, food, automotive, furniture and cosmetic sectors
DPE to exit First Sensor for approximately €117m
DPE, Teslin Capital Management and other shareholders have agreed to sell their shares
EQVenture invests $10m in USound
EQVenture owns 70% of USound and the co-founders have retained a 30% stake in the company
Alpha-backed Remazel buys Italian crane specialist Concrane
GP plans to consolidate Remazel's market position across Europe and further boost its expansion
Quantum-backed Gianetti Ruote carves out Fad Wheels from GKN
GP plans to strengthen Gianetti's position in the European steel wheel production market
Carlyle Cardinal Ireland Invests in The City Bin Co
The City Bin Co is the 11th investment from the Carlyle Cardinal Ireland fund
DACH manufacturing slump puts strain on deal-doing
With confidence hitting a low point in DACH's manufacturing sector, PE investors have to navigate a winding road to find opportunities
Carlyle buys Forgital in €1bn deal
GP deploys capital from its two funds, Carlyle Europe Partners V and Carlyle Partners VII
Industri Udvikling buys minority stake in Wila
Investment will be drawn from Industri Udvikling IV, a 2013-vintage DKK 500m fund
Steadfast backs Wilvo MBO
GP buys a substantial majority stake in metal parts and assemblies manufacturer Wilvo
Segulah sells Zengun
Segulah makes the divestment from its SEK 2.4bn, 2016-vintage buyout fund Segulah V
Sofindev backs WVT Industries MBO
Transaction represents the eighth investment for Sofindev IV, which closed on €107m
Gimv acquires Smart Battery Solutions
Gimv typically invests between €5-50m in companies with enterprise values of up to €200m
Bravo Invest sells Eurochiller to trade
Sale ends a three-year holding period for Bravo Invest, which owned an 85% stake in the company
Sponsor Capital sells Plastiroll to trade
Sale ends a seven-year holding for the GP, which made the divestment from Sponsor Capital III
Naxicap's Stelliant to buy GM Consultant
TGS, a subsidiary of Stelliant, will merge with insurance consulting firm GM Consultant
Egeria acquires majority stake in MAAS Aviation
Aircraft painting business is growing due to the continuing global growth in demand for air travel
Towerbrook exits Metallo in €380m deal
Sale ends a six-year holding period for the GP, which bought the company from Groupe Alpha
BM-T exits Hasec in trade sale
Scanfil has wholly acquired Hasec for €10.25m worth of Scanfil shares and liquid assets