Official Record/Industrials
Credo sells Optimar to Franz Haniel & Cie
Deal ends a five-year stint under Credo ownership, which acquired the business in November 2012
3i makes 4.4x on €307m sale of Atesteo to IHO
Sale ends a four-year holding period for the GP, which acquired Atesteo in September 2013
Deal in Focus: IK buys Optimum from Mentha
IK Investment Partners makes its first acquisition in the Benelux region since the opening of its new office in Amsterdam in April
BGF, Blue Water Energy inject £56m into Rovop
Subsea vehicle services company will expand its fleet by 50% following the transaction
Enterprise sells Macon to Xella in trade sale
Deal ends a 12-year holding period for Enterprise, which acquired the business in 2006
CDC IC, RDIF inject €10m into Olmix
Russian investment fund and French state investment arm extend their partnership to smaller deals
Investindustrial acquires CEME from Investcorp for €280m
New GP will own 97% of the pump and valve maker, with the remainder held by management
Abénex, Astorg sell Onduline to Naxicap
Company's management team, led by Richard Seguin, will retain a minority stake alongside Naxicap
Agilitas-backed Relita bolts on BBG
Company intends to use the fresh capital to scale up growth and offer more services
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