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Deals & Transactions

EQT Private Equity to sell StormGeo to Alfa Laval

The EQT Mid Market fund (EQT Private Equity) has agreed to sell StormGeo Holding AS (StormGeo) to Alfa Laval AB (Alfa Laval), a specialist in heat transfer, centrifugal separation and fluid handling. The transaction price amounts to NOK3,630 million. StormGeo was founded in 1997 in Bergen, Norway, as a spin-off

PE-backed The Equine Network acquires VOD companies Roping.com and EventingTraining.com

Growth Catalyst Partners-backed The Equine Network (Equine Network), a tech-enabled membership services platform to the USD130 billion US equine industry, has completed the acquisitions of two subscription video on demand (SVOD) companies, Roping.com and EventingTraining.com, along with other key domains to be developed. Terms of the transactions have not disclosed.

Tech sector M&A activity hit record high in Q1

A new report from technology-focused investment bank ICON Corporate Finance, has revealed record-breaking tech deal activity in the first quarter of 2021, up 28 per cent on Q1 2020, with 268 deals announced.  Evidencing resilience within the sector and a huge appetite for Vertical and Enterprise Software organisations, ICON believes

Equistone acquires majority stake in TIMETOACT GROUP

Funds advised by Equistone Partners Europe (Equistone) have acquired a majority stake in TIMETOACT GROUP, an IT consultancy and services provider for medium-sized businesses, large corporations and public sector institutions, based in Cologne, Germany.  With Equistone, TIMETOACT GROUP shareholders Felix Binsack and Hermann Ballé have brought a partner on board

Offen Petroleum acquires Petromark

Offen Petroleum (Offen), an independent fuel distributor, is acquiring the business assets of Petromark, a motor fuel distributor, and Petromark Transportation, its affiliate trucking company.  Offen is a provider of motor fuel, propane, lubricants, and petroleum logistics services in 23 states in the Midwest and Western US The business combination

One Equity Partners completes sale of INTREN to MasTec Inc

One Equity Partners (OEP), a middle market private equity firm, has sold INTREN, a nationwide specialty utilities contractor primarily providing distribution network services for electrical and gas infrastructure, to MasTec Inc infrastructure construction company, for USD420 million, including a contingent earnout through year end 2021.   Headquartered in Union, Ilinois, and

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