Mid-market private equity firm Equistone Partners Europe (Equistone) is to acquire Heras, a Netherlands-based provider of perimeter protection solutions.  The company’s management team will also acquire a minority stake in the business. Heras will continue to be led by Gilles Rabot, who joined the business in 2015. The financial terms

KP Capital Partners’ portfolio company Autokiniton Global Group (AGG), a North American supplier of metal-formed components and assemblies to the automotive industry, is to acquire Tower International, a manufacturer of engineered automotive structural metal components and assemblies, tor USD31 per share in cash. The all-cash transaction represents a 70 per

Sovereign Capital Partners’ portfolio company Arachas Corporate Brokers (Arachas), an insurance brokerage operating in Ireland, has acquired Murray & Spelman.   This is the fourth acquisition Arachas has made since Sovereign backed the management buy-out of the business in July 2017, and secures Arachas’ position as the largest independent broking group

Chicago-based private equity firm CORE Industrial Partners’ (CORE) portfolio company Prototek has acquired Cal-X, a provider of precision machining and sheet metal fabrication rapid prototyping services.  Financial terms of the transaction have not been disclosed.   Headquartered in Wisconsin, Cal-X offers rapid prototyping and short-run production services through its wide

The Kempen European Private Equity Fund has acquired a significant direct interest in Wilvo Group a family business in the province of Brabant in the Netherlands that specialises in the processing of thin sheet metal and precision parts assembly.  Wilvo Group employs 230 people and has an annual turnover of

Private equity manager Keensight Capital has acquired Infarco’s majority stake in 3P Biopharmaceuticals, a Contract Development and Manufacturing Organisation (CDMO) specialised in the process development and GMP manufacturing of biologics. Founded in 2006 and based near Pamplona, Spain, 3P Biopharmaceuticals offers a complete biologics production service, from preclinical and clinical

Private equity firm Permira is to acquire a majority stake in sustainable fashion brand Reformation. As part of the transaction, Yael Aflalo will remain Chief Executive Officer and a significant owner of the company, and Hali Borenstein will remain as President. Headquartered in Los Angeles and founded in 2009, Reformation

CEE private equity firm Innova Capital is to acquire Optiplaza, one of the major players in the Romanian optical market. The transaction marks further stronger entry of the fund into the attractive and growing optical market. The funds managed by Innova Capital have signed an agreement to acquire 100 per

Wren Sterling has acquired TD Armstrong Financial Planning Limited (T D Armstrong), a Dunfermline-based independent financial planning business. The deal will secure around GBP116 million of assets under advice, taking Wren Sterling’s total assets under advice to GBP3.3 billion.   Wren Sterling has over 100 advisers based in eight regional

Audax Private Equity (Audax) has entered into a definitive agreement to acquire Aspen Surgical (Aspen) a business unit comprised of certain surgical consumable products, from Hillrom.  The business is a leading manufacturer of branded and private label single-use surgical products including scalpels, blades, wound care, fluid control, and other patient