US-based private equity firm One Equity Partners (OEP) has acquired a 40% stake in Italian wheel equipment specialist Nexion.
Company has been owned by Advent International, which acquired the company alongside its listed parent company Integer in April 2017
Apax Partners, Deutsche Telekom Capital Partners (DTCP) and Summit Partners have sold their stakes in Germany-based business process management software business Signavio to SAP.
Company intends to use the fresh capital to consolidate its presence in the French market and expand across Europe
GP invests in the precision components manufacturer via Equistone Europe Partners VI