Official Record/Industrials
Investindustrial acquires Benvic Europe from OpenGate
Deal closes a four-year holding period under OpenGate, which acquired the firm in 2014
Litorina-backed Fresks acquires Färingsö Trä
Fresks Group was acquired by Litorina Capital Advisers in January 2016 via the Litorina IV fund
Partners Group makes 6x return, 74% IRR on VAT Group final exit
GP originally acquired a joint majority stake alongside Capvis Equity Partners in December 2013
HIG buys Beinbauer from Orlando
Management team, headed by Tobias Lührig and Patric Meeth, will continue to lead the group
NCI backs Factem in SBO
NCI replaces Ciclad as backer alongside the CEO of French acoustic cells manufacturer Factem
Triton-backed Seves exits Vitrablok
Seves makes a strategic move with the Vitrablok sale to focus on its core insulator business
Waterland invests in Gas Tag
First investment made by Waterland's UK team since opening an office in Manchester
Cross Equity Partners buys WDM
Cross draws equity from its second fund, which was announced in 2015 with a hard-cap of CHF 175m
Triton-backed OptiGroup completes bolt-ons in Romania, Finland
Acquired businesses are expected to post a €50m combined turnover, according to OptiGroup
Sentica acquires Purkupiha and Dammega
Finnish GP has bought majority stakes in the Helsinki-based demolition businesses
Turenne, M Capital back StaffMe
VC firms invest €3m in a series-A funding round for the French recruitment company
BGF backs Walker Precision Engineering
Walker has seen an increase in demand from the burgeoning space market, BGF says
Parquest Capital buys Groupe Fauché
GP acquires a significant majority of French electrical equipment provider Groupe Fauché
DBAG backs Sjølund MBO
DBAG will use capital from DBAG ECF as well as a co-investment of €4.5m from its balance sheet
Brookfield acquires 75% of Schoeller Allibert
Brookfield's asset management and private equity branches jointly invest €205m in Dutch business
Cinven-backed Tractel bolts on Scanclimber
GP also completes a refinancing for Tractel, led by BNP Paribas, HSBC and Crédit Agricole
Baird Capital exits RaySpec
Polatechno acquires RaySpec for its products and future collaboration opportunities
Baltcap sells Magnetic MRO to trade for €43m
Number of employees has increased from 160 to 440 under Baltcap's ownership
Accel-KKR's Jaggaer bolts on BravoSolution
US-based Jaggaer acquires Italmobiliare's procurement software provider in a €184m deal
Madison Dearborn sells Finland-based Powerflute for €365m
Transaction comes only a year after Madison Dearborn Partners acquired a majority stake
EQT Credit provides growth capital for Abac-backed Metalcaucho
New financing will support Metalcaucho with its organic and inorganic growth profile
Canadian pension funds invest in Ardian-backed Fives
LBO sees PSP and CDPQ back French engineering firm Fives, with Ardian reinvesting
PAI buys Albéa from Sun European
Sale comes a year after the collapse of an auction led by strategic bidder RPC
Nord Kapital sells Rapp to MacGregor for €16m
According to Rapp Marine, the enterprise value of the acquisition was approximately €16m