Industrials
Idea CCR I purchases Sinterama
Deal is the fourth transaction in 2017 for the Italian debtor-in-possession fund
Adelis Equity Partners takes majority stake in Knightec
Launched in 2012 in Stockholm, Adelis is currently investing from its €410m maiden fund
Avenue Capital et al. buy Selcom Elettronica
Deal follows the insolvency proceedings filed for the business in March 2017
Nord Holding buys PPS Imaging
PPS managers Michael Krieger and Roland Niggemeyer invest alongside Nord Holding for a minority stake
IK Investment Partners acquires Messerschmitt Systems
German hotel management systems developer will use the extra funding for international expansion
PHD Equity Partners invests in Olympic Fixings
Deal is the second investment for PHD Equity Partners' £20m second fund
EQT's Getec acquires Urbana
EQT's portfolio company strengthens its presence in the northern Germany energy sector
Advent’s Ammeraal Beltech bolts on F&P
Dutch business acquires its Dublin-based competitor to expand across the Irish market
DBAG sells Romaco to Truking Group
DBAG will initially sell around 75% of the company from its balance sheet and its vehicle DBAG Fund V
Wise sells chemicals producer Primat
Following a three-year holding period, the GP sells its stake to a consortium led by Hat Orizzonte
HQ Equita sells Isolite group to Hitachi Chemical
HQ Equita acquired Isolite using capital from Equita Holding in 2010
NorthEdge backs £16m MBO of Future Industrial Services
Deal gives the waste management and decontamination company an equity valuation of £16m
Aliter's Edwin James Holdings bolts on WT Parker
Bolt-on deal was financed by Aliter Capital's recently closed maiden fund, Aliter Capital I
Nordic Capital-backed Munters to list with SEK 10.1bn market cap
Partial divestment of climate control group comes six and a half years after the GP's acquisition
Benelux's packaging firms playing hard to get with PE
Failed take-private efforts by GPs have meant activity in the region has remained dominated by small-cap and lower-mid-market deals
Idea Box acquires packaging producer Drukarnia Ekspres
Deal is the third investment for the Polish private equity firm, launched in 2012
HgCapital sells Qundis for 3.5x money
Exit represents a 3.5x investment multiple for HgCapital and a 30% gross IRR, with cash proceeds of £36.9m
Cornerstone and Oaktree buy IT Kontrakt
Cornerstone partners with Oaktree to source, execute and support equity deals in CEE countries
CBPE's Allied Glass refinances with £75m Investec package
Transaction comes three and a half years after the GP reacquired the glass packaging company
Beechbrook backs Plan.com and Infomedia
Investor provided a unitranche loan to finance the buyout of a minority shareholder in Infomedia
Advent to acquire 90% of Integer.pl
Conditions of offer have been met, and received unconditional consent from the antitrust authorities
BC Partners sells SGB-Smit to OEP
Transaction involves a €590m all-senior debt package, €340m term loan B and €250m undrawn facilities
Terra Firma, CPPIB sell Awas to Dubai Aerospace
Earlier media reports suggested the vendors were seeking $7bn for the aircraft leasing company
Fondo Italiano d’Investimento exits Emarc via trade sale
GP sells its holding in the Italian auto parts producer after a five-year ownership period