Xirgo Technologies (Xirgo), a portfolio company of private equity firm HKW, has acquired UAB Baltic Car Equipment (BCE) based in Kaunas, Lithuania. Founded in 2006, BCE provides a variety of fleet management solutions, including hardware and software suites for light vehicles, trucks, heavy machinery, and agricultural equipment targeting a variety

Palatine Private Equity has completed the management buyout of SMP Group, after receiving regulatory approval for the deal. Established in 2007, SMP Group has grown into a leading international provider of fund administration and corporate and trust services. Headquartered in the Isle of Man, the company now employs over 200

IK Investment Partners’ (IK) IK VIII Fund is to acquire LAP Laser Applikationen (LAP), a provider of laser positioning systems as well as quality assurance (QA) software and hardware used during radiotherapy treatments, from capiton. LAP was established in 1984 and provides laser measurement and projection systems used in highly attractive

Ardenton Capital Corporation (Ardenton) has made its fifth investment in the UK, taking a majority equity position in Manchester-headquartered Food Innovations Baking Group (Food Innovations), a manufacturer of specialist products for the home baking and retail market.  Founded in 2004, the business now has 250 employees across five sites and

Cairngorm Capital Partners’ portfolio company, Parker Building Supplies (Parkers), has acquired Sussex Turnery and Moulding Company Limited (Stamco).  This is a key step in Parkers’ strategy to increase its business through a combination of acquisitions, new site development and organic growth. Parkers aims to become the market-leading independent builders’ merchant

High Road Capital Partners’ portfolio company Banner Solutions has completed the acquisition of Berg Wholesale, marking the fourth acquisition for the company under High Road Capital’s ownership. Based in Tualatin, Oregon, Berg Wholesale is a wholesale distributor of door hardware, bath hardware, and security products for the residential and multi-family

An affiliate of HIG Capital (HIG), a private equity investment firm with over EUR26 billion of equity capital under management, is to acquire the European Polyurethane Systems Business in a carve-out transaction from Covestro AG.  The transaction is subject to clearing by the relevant antitrust authorities with closing anticipated for

Private equity firm Clessidra SGR is to acquire an 80 per cent stake in L&S Group, a specialist in the interior lighting sector, with a particular focus on the furniture industry. Founded in 1977 in Maron di Brugnera (PN), home of the largest furniture district in Italy, L&S manufactures and

Old Mutual Private Equity (OMPE), the direct private equity investing arm of Old Mutual Alternative Investments, has acquired a majority interest in Footgear, a South African retailer of branded footwear. The transaction was finalised on 3 June 2019 and is pending approval from the Competition Commission.   Founded in 2001, Footgear