Industrials
PE-backed Addev Materials bolts on Graytone
Addev will focus on synergies from the Graytone project in Europe and the Middle East
Triton's Chevron acquires Traffic Management Services
Acquisition of the traffic management business comes one year after the GP invested in Chevron
EQT buys Dellner Couplers
GP draws capital for the transaction from its latest flagship buyout fund, EQT VIII
IK acquires BST
Since 2016, BST's annual revenues have grown from SEK 220m to almost SEK 340m in 2018
Carlyle exits VWD for €130m
VWD was a Carlyle Europe Technology Partners II portfolio company
M80 buys Theuma
M80 backs Theuma, a doors and frames specialist, investing for the first time in Belgium
Afinum-backed Liftket acquires Movecat
Acquisition follows Liftket's purchase of Chainmaster in 2018, which was also supported by Afinum
VR Equitypartner and SuedBG look to exit Duo Plast
VR Equitypartner and SuedBG acquired a majority stake in Duo Plast in November 2013
S-UBG acquires minority stake in Sato
S-UBG has acquired a third of the shares, while the remaining shares are owned by management
Ardian backs Rivalis OBO
GP has acquired a minority stake in the business, investing alongside its management
Battery Ventures-backed AED-Sicad acquires Geocom
Geocom and AED-Sicad will merge and the combined company will operate under a new brand
Agilitas-backed Recover Nordic buys Aktiv Tankrens
Sixteenth add-on for Recover Nordic since Agilitas backed the buyout of the group in 2013
Capvis-backed Felss Group acquires HMP
In 2017, Capvis purchased a majority stake in Felss using its 2013-vintage Capvis Equity IV
Oaktree Capital exits Railpool
Oaktree wholly acquired the company in 2014 and partially exited the company in 2016 to GIC
Capitem backs Slat in SBO
CEO and five managers of the France-based designer of power supply services retain a majority stake
Tikehau, BPI France invest €38m in Addev Materials
GPs back adhesives and insulates maker Addev Materials to foster European and US expansion
Consortium raises $20m for Agorize
Agorize plans to expand in Canada and said 12% of its turnover is generated in North America
Trajan Capital backs Thomas Plants MBI
Nicolas Paul takes the helm of the France-based producer of organic vegetables
Ardian's Trigo bolts on QSSL Industrieservice
Ilkin Bananyarli, a court-appointed administrator of Germany-based QSSL, brokered the deal
Arx buys two Czech facades businesses
Newly created business will be rebranded as Fenestra and expects sales of €40m this year
Cathay et al. sell Amplitude Laser to L-GAM
Sale ends a seven-year holding period for the GP's €200m Cathay Capital II vehicle
LBO France buys Infodis majority stake in SBO
France-based IT services firm Infodis has been controlled by the PE firm Ciclad since 2016
Magnesium Capital, BMO Global acquire Cyberhawk
Cyberhawk plans to expand into the US, develop its technology and pursue strategic M&A activity
Litorina sells Fresks to Kesko for €200m
Company's sales have more than doubled from SEK 850m to SEK 2.1bn during Litorina's holding period