Industrials
Naxicap enters exclusive negotiations to buy ECS
GP is in talks to buy French outsourced airfreight operations service ECS from Alpha
Barber of Sheffield acquires The Tattoo Shop
Acquisition of The Tattoo Shop is Barber's third investment in the last four months
BGF invests £8.5m in IFA
Funding will be used to bolster growth by enhancing manufacturing and testing capabilities
Triton sells stake in Befesa
Shares are valued at approximately €123.9m, based on the share price of €41.30 per share
Gradiente buys HPF
GP is deploying capital from its Gradiente II fund, which held a first close in November 2017
Equistone's sixth fund makes first investment with Boal buyout
Vehicle held a €2.8bn final close this month and writes equity cheques of €25-150m
FSN Capital acquires majority stake in Mørenot
Deal sees FSN tap its FSN Capital V vehicle, a тЌ1bn buyout fund closed in December 2016
UnternehmerTUM leads €6.5m funding round for Fazua
Early-stage investors High-Tech Gründerfonds and Bayern Kapital are also taking part
MML divests Lowe Refrigeration to Perwyn
Deal reportedly values the catering equipment rental provider at slightly more than ТЃ60m
Gilde Equity Management's Chemogas bolts on Stereo Group
Belgium-based Chemogas has acquired Malaysian sterilisation gases distributor Stereo Group
Triton sells Ovako to trade for 2.2x money
Sale ends a seven-and-a-half-year holding period for Triton, which acquired the business in 2010
Cairngorm Capital acquires Parker Building Supplies
Founder and managing director Tom Parker will step down after 34 years at the helm
CGS holds interim close for fourth fund
GP has made two platform investments from the new vehicle, expects five to seven overall
Capitem Partenaires buys Aluthea in MBO
GP buys a 20% stake in French aluminum foundry Aluthea while managers retain the remainder
Patron sells Cala stake to Legal & General in £605m deal
Deal for the UK home builder brings to an end a five-year tenure for the vendor
DBAG prepares exit from last Fund V investment Heytex
In 2017, the GP exited five of the 12 portfolio companies held via the €434m vehicle
Alliance invests in Clas
Clas Equipement will use the new capital to boost its growth and development
Oaktree, KKR acquire Riverstone's Proserv via restructuring
Development comes three and a half years after Riverstone acquired the company for $750m
Bencis buys Halex from H2
Deal ends a four-and-a-half-year holding period for H2, which acquired the company in 2013
Consilium's Celli bolts on FJE Plastic Development
Acquisition was made through Celli’s British subsidiary ADS2, bought in 2015
Ardian's Italmatch bolts on Jiayou Chemical
Italmatch has bought the business from Ecolab, a US company operating in industrial water treatment
FSN Capital sells 10.8% stake in Instalco
Following the sale, FSN Capital IV will no longer hold any shares in Instalco Interessenter
Progressio's Garda Plast bolts on Ifap
Debt package was provided by Crédit Agricole Cariparma and Banco BPM to support the transaction
HitecVision starts acquisition process of Karsten Moholt
Norway-based PE firm is currently awaiting the green light from competition authorities