A holding company owned by the Permira funds is to acquire Intelligrated (www.intelligrated.com), a North American-based provider of automated material handling solutions, services and products, in a transaction at a valuation in excess of USD500 million. Intelligrated’s management, led by founders Chris Cole and Jim McCarthy, will maintain a significant

Maven Capital Partners has sold its investment in Transys Projects Limited (Transys) to the German engineering concern Vossloh Kiepe, the rail transportation division of MDAX listed Vossloh AG. 

Transys is engaged in the provision of turnkey and engineering consulting solutions relating to the maintenance and enhancement of rail rolling stock.

Gresham Private Equity, the UK mid market private equity specialist, has successfully exited Marston Group through the sale of the business to Inflexion Private Equity. The performance of the Marston Group will result in a strong return on investment for Gresham. Gresham led the management buy-out of Drakes, a leading

Private equity firm Catterton Partners has made a capital investment in Mendocino Farms, the rapidly-growing gourmet sandwich casual restaurant brand. Terms of the transaction have not been disclosed but Mendocino Farms plans to use the investment to fund expansion throughout Southern California and eventually to new geographic regions.  Mendocino Farms

Business Growth Fund (BGF), established to help the UK’s fast growing smaller and medium sized businesses, has invested GBP3 million of growth capital in the Cennox Plc group of companies (including ATM Parts and Mainet) which provides services to the ATM (cash machines) sector.  Cennox was founded in 2004 by Clive

KPS Capital Partners has completed the acquisition of Robert Bosch’s global automotive foundation brakes business, through a newly-formed affiliate, Chassis Brakes International Group. Financial terms of the transaction were not disclosed.    Lazard Freres & Co. LLC acted as financial advisor, and Hengeler Mueller as legal counsel, to KPS and its

Activa Capital, the French mid-market private equity firm, is merging Armatis and Laser Contact (a spin-off of Laser – itself a subsidiary of BNP Paribas and Group Galeries Lafayette), two major French call centre companies, to create the leading independent French onshore call centre company with combined sales of over

Symington’s Ltd, the convenience food manufacturer and Intermediate Capital Group plc (ICG), the FTSE 250 alternative investment firm and Asset Manager, have announced a new private equity partnership to support a management buy-out of the food manufacturer.    The move follows after a five year investment period with current private

Hutton Collins Partners has sold portfolio company Windsor Limited, a leading Lloyd’s specialty insurance broker, to Hyperion Insurance Group Limited. The sale remains subject to FSA approval. Hutton Collins backed the management and employees of Windsor in a public to private buy out in 2007. A GBP15m preferred equity investment