Industrials
Alder sells Powerbox in SEK 228m trade deal
Sweden-based Alder sells its portfolio company after a five-year holding period
Cerberus buys WFS in €1.2bn SBO
Sale ends a three-year holding period for Platinum Equity, which bought the company from LBO France
Amundi PE et al. back EMP Rotomoulage MBI
Brothers Cyril and Samuel Delamaire sell their stakes in the French plastic parts manufacturer
MBO Partenaires buys BCF Life Sciences
GP takes over from Céréa Capital and Sodero Gestion, investing alongside management
PEQ sells TM Progress to Kiilto
Deal comes two years after the GP acquired the business via its second flagship buyout vehicle
Vaaka sells Enegia to state-owned Gasum
Sale encompasses Enegia Consulting, Enegia Portfolio Services and IntStream
Alpina sells Dolan to Dralon
Sale ends a holding period of three years for Alpina, which bought the firm in a double acquisition
Consilium's GMM bolts on Techni Waterjet
Company plans to bolster its growth outside its traditional markets following the deal
Gilde acquires Elcee Group
Gilde will further support the company's acquisitive growth strategy and international expansion
Exponent's HSS Hire secures £245m refinancing
Development follows a difficult year for the tool hire group, in which adjusted EBITDA fell to ТЃ1.8m
UK government intervenes in sale of Better's Northern Aerospace
Better Capital agreed to sell the business to former portfolio company Gardner, now Chinese-owned
Alantra sells Tryo Group to Sener Aeronautica
Transaction spells the end of a seven-year holding period for the Madrid-based mid-market investor
EQT, PSP Investments buy Azelis in >€2bn deal
Apax is likely to generate a multiple in excess of 3.5x on the sale of its majority stake
MBO Partenaires buys-back Groupe LT
GPs Arkéa Capital, Amundi Private Equity and CEO Eric Van Acker acquire minority stakes
BWK buys H&R Industrierohrbau
Co-founders Alexander Hock and Andreas Rohleder will both retain a stake in the new company
PE-backed Wemas acquires Gerding
Previous owner Thomas Gerding acquires shares in Wemas in the transaction
ICG sells Nora Systems to trade for $420m
Sale ends a holding period of five years for ICG, which first entered as a minority shareholder
CVC's Delachaux foregoes IPO, acquired by CDPQ
Although an IPO price range was announced last week, CDPQ ultimately acquires the business
Highlander-backed Akomex bolts on Plano Pack
Investment comes eight years after the US and CEE-focused GP acquired its portfolio company Akomex
Avedon sells Seebach to trade for €60m
Avedon acquired the business in 2012, drawing equity from the €190m NIBC Growth Capital Fund II
HQ Equita buys Steindl Group
Steindl comprises packaging machinery manufacturers Fawema and HDG Verpackungsmachinen
Iris leads €15m series-A for Exotec
Existing investors 360 Capital Partners and Breega Capital also take part in the financing
DBAG backs Karl Eugen Fischer in MBO from Equistone
Deal is the fourth MBO structured by DBAG Fund VII since it began deploying capital in 2016
Ambienta, L Catterton buy Pibiplast
Company plans to broaden its product offering and expand internationally following the deal