Energy & Environment
Mutares acquires majority stake in Sofinter
The investor expects synergies between Sofinter and its other engineering and technology portfolio companies
Triton exits specialty installation company EQOS in trade sale
The sale to Eiffage Énergie Systèmes comes after a 10-year holding period
Mutares acquires Greenview Group from Cordovan Capital and CEO
The platform investment is Mutares' fourth acquisition in 2024
BGF pumps £6.25m into energy utility consultant Skewb
The funding will support expansion of the company’s suite of products and services
Karmijn Kapitaal invests in tree-conservation company
InvesTree is the latest addition to the firm's Dutch SME portfolio, which includes companies active in biogas, art and culture, clothing and beer
Mentha acquires majority stake in Belgian metal-coatings company SPC Group
The portco's founders, Anthony Demaerel and Yves de Mild, and broader management team will remain shareholders
Mutares powers up Polish high-voltage services business
The carve-out is the third transaction by Mutares in 2024
Sobro backs Swedish building consultancy
All existing owners will remain as "significant" shareholders
Climatetech’s second wind
Climatetech has emerged as a pivotal sustainability investment theme for private equity. Xhulio Ismalaj explores the journey climatetech businesses have been through in the midmarket and finds out why the future for the subsector remains hopeful
Triton carves out multi-utility service provider V&N Group
The company is indirectly owned by Koninklijke VolkerWessels
CapMan Growth completes first investment from Equity Fund III
The Finnish GP has picked up a minority stake in waste-equipment company Tana as part of an investor consortium
ThinCats launches regional fund
The fund targets midsized SMEs across the UK
INVL-backed Eco Baltia eyes Eko Osta acquisition
INVL’s Baltic Sea Growth Fund acquired a 52.8% stake in Eco Baltia in June 2020
Alcuin backs Mainprize Offshore
This deal is the sixth investment from Alcuin’s fifth fund
Bravo Capital Partners-backed In Group bolts on Tecno In
The deal represents In Group’s second bolt-on, after it acquired Insitu in December 2023
Inspirit Capital-backed Vysus Group carves out ModuSpec
The company has been bought by specialist offshore rig inspection company MR Group
Cibus Capital harvests over $600m for food and agriculture investments
The GP believes agrifood technology has the potential for "unprecedented positive change"
Deal in Focus: NorthEdge backs Contollo
NorthEdge director Liam May tells Real Deals that the deal origination was relationship-driven
SEP exits Vital Energi to Corran Capital
The seller said the portfolio company has “grown exponentially” during its time as an investor
Triton Partners merges portcos to form Assemblin Caverion
The GP aims to create a Northern European technical service and installation specialist group
YFM exits Checkmate to IK
The buyer is investing from its IK Small Cap III Fund
Lightrock-backed Sunfire completes series-E financing round
The German electrolyser manufacturer has secured more than €500m
Summa acquires STIM
The GP invested through its Summa Equity Fund III
Palatine acquires majority stake in water and environmental consultancy
The deal is the fourth investment from the GP’s Impact Fund II
Deal in Focus: Nordic Alpha Partners sells Spirii to Edenred
Senior partner Laurits Bach Sørensen tells Real Deals the GP’s “highly” capital-efficient strategy was key to the portco’s growth
NVM acquires Vegetarian Express
The deal represents the GP’s eighth transactions in 12 months
Apax Partners acquires controlling stake in IES
It is the first climate-focused investment from the GP’s Global Impact Fund
Deal in Focus: Lightrock consortium completes take-private of Velocys
Real Deals speaks with Lightrock’s Kevin Bone to understand the dynamics behind the GP’s first take-private deal
Gimv exits Groupe Acceo
The Belgian GP supported the firm with four bolt-ons
Palatine-backed B2W Group targets green energy growth
The transaction represents the third bolt-on for the training company under Palatine
Turquoise and Redwheel launch UK climatetech growth-stage fund
The fund is targeting more than £100m
B & Capital exits Steliau to Astorg
The deal marks the buyer’s fifth investment from its Astorg VIII fund
Venture Views: Zebra Impact eyes smorgasbord of agrifood investment opportunities
Real Deals' Shivani Khandekar sits down with co-founder Fabio Sofia to understand the impact investor’s thesis and fundraising plans
Connection Capital backs Winder Power MBO
The GP backed the management with a mix of debt and equity
Gresham House launches UK biodiversity fund
The vehicle will be part of Gresham House’s British Sustainable Infrastructure Fund strategy
LDC-backed Stonbury bolts on Panton McLeod
Stonbury received investment from LDC in December 2022
BGF exits Fig Power
Fig Power was founded as a standalone company in 2022, following a spinout from Hydrock
Innova Capital picks up minority stake in CloudFerro
The GP backed the business through its Innova/7 fund
Deal in Focus: Ambienta acquires Officine Maccaferri
Ambienta’s Mauro Roversi tells Real Deals the GP plans to support the firm via organic and inorganic growth
Auctus exits Profiltubi Group
The GP first invested a majority stake in the business in 2020
Fund in Focus: Epiris Fund III holds final close on £1.044bn
Alex Cooper-Evans, partner, tells Real Deals the fund had strong re-ups from existing LPs
Altor acquires 90% of Permascand
The deal follows a public cash offer to the portfolio company’s shareholders
Fund in Focus: Fondo Italiano d’Investimento’s co-investment fund hits first close on €82m
Roberto Travaglino tells Real Deals that the investor hopes to reach its final close within 12 months
Bregal launches impact strategy
Bregal Sphere Nature will focus on investments in nature-based solutions
AIB Foresight SME Impact Fund holds second closing
The fund received a cornerstone commitment from AIB in 2022
Progressio Investimenti IV holds first closing on €182m
Commitments from its existing investor base made up more than 75% of the fundraising, the GP said
Future Energy Ventures banks €110m for new fund
FEV was launched in 2016 and is backed by E.ON
Lanza Capital closes second parking-focused fund on €550m
Anchor investors include Brookfield Asset Management and Partners Group
Trilantic Europe acquires solar mounts business
The company’s founder Mathias Muther will remain a significant shareholder
Fondo Italiano D’Investimento FIAF fund holds second close on €225m
EIF, Intesa San Paolo and Eurizon Capital have supported as cornerstone investors
Exclusive: Arcano Partners eyes Q1 first close for second impact fund
The firms aims to secure commitments from its existing backers before expanding its outreach to international investors, Ricardo Miró-Quesada tells Real Deals
Altor closes sixth fund on €3bn
The Article 8 fund is the largest ever raised by the GP
BGF and Scottish National Investment Bank pump £26m into Trojan Energy
The company is headquartered in Aberdeen
The Riverside Company-backed Montel completes twin bolt-ons
The deal will support the portfolio company’s expansion in the European energy and electricity market
Eurazeo plugs additional investment into Electra
Eurazeo Infrastructure Fund has already completed six investments supporting the energy transition
Fund in Focus: How Cinven banked $14.5bn for Fund 8
Real Deals catches up with Alexandra Hess, partner and head of investor relations, to discuss how the GP overcame a difficult macro environment to reach the fund’s hard-cap
ScaleUp sells edtech business
The acquisition has been completed by a local family office in collaboration with the management team
Deal In Focus: Averroes completes sophomore investment
Investment director Jack Scott tells Real Deals that the deal-by-deal investor has been tracking Glacier Energy for a “number of years”
Cinven closes flagship fund at $14.5bn
Fund 8 is nearly 30% larger than its predecessor
Blue Equity acquires 50% of solar cell business
The investment in KlimaEnergi is the GP’s sixth from Blue Equity III
Bridges Evergreen exits AgilityEco
The exit secured the GP a more than 3x money multiple
Egeria exits sustainable packaging solutions firm
Wentus has been sold in a trade deal to Trioworld Group
Mutares sells Frigoscandia to Dachser
With the transaction, Mutares completes its eighth exit in 2023
Gimv invests in Castelein Sealants Group
The GP will focus on market expansion within the French markets
Unigrains acquires stake in Sinfo One
Founders the Pomi family will remain major shareholders
Axcel-backed XPartners completes three bolt-ons
The deal will strengthen XPartners’ commitment to sustainability
Fund in Focus: Foresight seeks SME opps for two new funds
The GP remains sector agnostic and has ticket sizes of up to £10m, partner Matt Smith tells Real Deals
Fund in Focus: Revaia Fund II holds first close on €150m
Fund II has already invested in three firms, Alice Albizzati tells Real Deals
Ara Partners closes third vintage on $2.8bn
The oversubscribed private equity fund closed on its hard-cap
Nordic Capital acquires majority stake in Sesol
Minority shareholder SEB Private Equity has divested its holding as part of the deal
Altor exits Eleda to Bain Capital
Eleda is a Swedish infrastructure projects and services firm
Fortino Capital’s second PE fund holds final close on €377m
The GP seeks to invest in B2B SaaS and PaaS firms with at least €5m turnover
Equistone-backed Andra Tech Group bolts on Lemmens Metaalbewerking
The deal will strengthen the firm’s position in DACH markets
SK Capital-backed Ecopol bolts on JRF Technology
Following the deal, president James Rossman will continue at the helm
Eurazeo backs Samskip’s zero-emission shuttle
The investment is the 15th investment from the GP’s maritime infrastructure fund
Quilvest takes the helm on Summa Equity continuation vehicle
Summa Equity acquired NG Group in 2018 via its Summa Fund I
Carbon fund to begin selling carbon credits in three years – Portobello Capital
Real Deals catches up with the investment team’s Isabel Bordás to get an update on the green carbon fund
Investcorp launches $750m climate solutions investment platform
The platform aims to accelerate net-zero carbon transition
Bridgepoint acquires Fera Science from Capita
The deal is Bridgepoint Development Capital IV’s 14th platform investment
Ardian checks in with 15% stake in Heathrow Airport
The French sponsor previously invested in London’s Luton Airport
PE consortium invests growth capital into Mylight150
Eiffel Investment, Andera Partners and Azora Capital co-led the funding round
NVM exits Pareto for 4.2x return
Pictet has acquired a controlling interest in the portfolio company as part of the deal
Nordic Alpha Partners acquires majority stake in Airwatergreen
NAP’s investment supports the company’s European expansion
YFM delivers 2.5x return on e2E Group exit
The GP supported the firm’s growth via market consolidation and bolstering its technical skillset
Melior Equity Partners invests in NRG Panel
The Irish company installs solar panels and heat pumps
DIF and EDF Invest acquire Norway’s Fjord1
The sellers, Vision Ridge and Havila Holding, have been investors in Fjord1 since 2019 and 2011, respectively
Pioneer Point Partners acquires Esken Renewables
The biomass fuel supplier was purchased from LSE-listed Esken Limited
Apax-backed Alcumus bolts on Planet Mark
The GP acquired a controlling stake in Alcumus from Inflexion in February 2022
Freshstream backs Project Better Energy Group
The deal is the sixth from the PE firm’s first independent fund
SVP acquires APCOA Parking Holdings
The PE firm has acquired Centerbridge Partners’ majority stake and those of other minority stakeholders
EIP backs Myenergi with £30m
The deal follows the £30m debt finance Myenergi secured from HSBC earlier this year
Par Equity launches fund to boost growth in parts of the UK
The GP is aiming for a final close by the end of H1 2024, a spokesperson told Real Deals
Mutares acquires Sofinter
The deal will be the firm’s ninth acquisition in 2023
Fund in Focus: Appian closes Fund III at $2bn
Mining and metals industries are playing a critical role towards net-zero transition, Appian’s CEO Scherb tells Real Deals
BGF acquires multimillion-pound stake in Artus Air
The GP plans to strengthen the firm’s technical expertise and innovative touch towards the acceleration of net-zero targets
Westbridge-backed APEM Group acquires Aspect Ecology
The add-on represents the sixth bolt-on since Westbidge’s initial investment two years ago
Triton purchases Siemens Energy’s Trench business
The German company said it's looking to sharpen its portfolio through this carve-out
Inspirit Capital carves out CWind
The deal will enable CWind to enhance its offering, explore innovative solutions and support sustainable energy generation
B & Capital acquires majority stake in Hubency
It is the third investment from the PE firm’s RB Capital France 2 fund
SET Ventures raises €200m for fourth fund
The Amsterdam-based VC looks is eyeing investments in technology companies that are shaping a carbon-free energy system