NVM Private Equity has acquired oil and gas technology solutions business Arnlea Systems and partner company NexusAB via the £5m management buyout of Arnlea Holdings.
Indaco Venture and CDP Venture Capital also take part in the round, alongside previous backer Genextra
Deal is Nylacast's second add-on transaction since the GP acquired it in 2018
New vehicle's target is almost double the €153m that Jet raised for its second fund
Buyout market is picking up again following one of the worst slumps on record, with some of the regions originally hardest hit becoming busier