Industrials
LBO France carves out Crouzet
French manufacturer of automation components Crouzet is carved out of PAI's InnoVistaSensors
Jet Investment acquires Hoeckle Group
Deal marks Jet Investment's second cross-border investment in 2017 from its Jet I fund
Endurance Capital leads consortium to carve out Witte Stromberg
Company will be reverting to its former name Prinz Kinematics after the carve-out
H2 Equity sells Brink Group to trade for €169m
GP makes the divestment from its 2010-vintage €300m buyout fund, H2 Equity Partners Fund IV
Rubicon, Grovepoint's Goodridge bolts on Gieffe Racing
Rubicon provided fresh capital to support the acquisition of the automotive fluids business
BlackFin leads €15m series-A for Friss
Fresh capital will be used to expand globally and facilitate cross-carrier collaboration
FSN Capital acquires majority stake in Gram Equipment
Through the transaction, the GP will offer financial and management resources to the firm
FCDE buys 70% of Utac Ceram
Transaction includes mezzanine financing provided by Tikehau and other debt by BNP Paribas
Northzone leads $20m series-A for Freighthub
Global Founders Capital, Cherry Ventures, Cavalry Ventures and La Famiglia also take part
Dawn leads €40m funding round for iZettle
Existing backer Dawn led the round along with The Fourth Swedish National Pension Fund
Triton makes 3.4x on final divestment of Orion, 37% IRR
Triton sold its remaining 8% stake at $22.99 per share, representing gross proceeds of $120m
CGS buys Schoen + Sandt
Fifth platform investment the GP has made from its CHF 208m 2012 vintage fund CGS III
Polaris sells Twister to trade
Denmark-based private equity investor had acquired Twister via the buyout of HTC Sweden in 2013
TDR Capital buys Touax Solutions Modulaires
UK-based TDR Capital uses Paris-based holding company WH Bidco for the acquistion
Saudi Aramco et al. in €8m round for Nexwafe
German family office Wermuth Asset Management has also taken part alongside GGF2 and Lynwood
Avallon acquires 70% stake in EBS
Remaining 30% stake will be divided between the management team and the co-founders
Caphaven invests in Deutsche Prüfservice
Caphaven arranged expansion capital for DPS earlier in 2017 in the form of a convertible loan
Cottonwood in €2.6m series-B for Clear Flight Solutions
Clear Flight targets an expansion of the funding round up to a total of €6m
Fidelium buys Otto Knauf
First investment from Fidelium's new fund, which held a final close on €103m in June 2017
Alcuin sells Domus to Headlam for up to £35.4m
Sale of tile and hardwood floor business brings to an end a five-year holding period for the GP
Espira holds first close for debut fund
Prague-headquartered investor launches its debut fund with a target size of €30m
CM-CIC's SFPI acquires Silac
Deal is part of a consolidation strategy announced by CM-CIC at the time of the SFPI acquisition
Weinberg sells Climater to Sagard
Climater intends to pursue market consolidation in France with further acquisitions
Miura, Demeter sell Contenur to US PE firm Acon
Acon Investments takes over with management retaining a significant stake in the business