Funds advised by European private equity fund PAI Partners are to purchase a 78.39 per cent stake in Marcolin, an Italian eyewear manufacturer, at a price of EUR4.25 per share from family and private owners in a proprietary primary LBO transaction in one of its core investment sectors. On completion,

Private equity firm Advent International is to acquire KMD, a Danish IT services and software company, from EQT and ATP. Advent’s investment is subject to customary regulatory approval and is expected to complete by year-end.   Founded in 1972, the company has a long track record as a trusted partner

Ombu Group, a new UK investment company focused on backing and building UK technology companies, has invested a further GBP5m into Open Energi. This increases Ombu’s total commitment of growth capital into the company to GBP9m and will enable Open Energi to expand its business in the UK and overseas.

HIG Capital’s European affiliate, HIG Europe, is to acquire shares representing 49.99 per cent of the capital of Vértice 360 Servicios Audiovisuales (VSA) – until now fully owned by Vértice 360º – for a total of EUR16m. The investment will take place through a capital increase, following which the remaining

European private equity firm Cinven has acquired the Amdipharm Group, the family-owned international niche pharmaceuticals business, for a total consideration of GBP367m. Amdipharm will operate initially as a standalone business but, over time, Cinven will look to merge Amdipharm with its existing portfolio company, Mercury Pharma, which it acquired in

Branding Brand, a mobile commerce platform used by retailers such as American Eagle Outfitters, Costco, Ralph Lauren and Sephora, has secured USD7.5m in series A funding led by Insight Venture Partners, with CrunchFund and Eastern Advisors also participating. Branding Brand will use the investment to scale customer acquisition, technology development,

The CapStreet Group, a Houston-based private equity firm, has completed the sale of GHX Holdings to United Central Industrial Supply. GHX, a value-added distributor of fluid transfer and sealing products, will merge its operations with those of United Central and will operate as The United Distribution Group. GHX’s management team,

Denver-based private equity firm KRG Capital Partners has completed a recapitalisation of Home Solutions in combination with its senior management team. This investment represents the 13th platform company for KRG’s USD1.96bn Fund IV and its fourth platform investment in the healthcare sector. Home Solutions is a provider of home infusion