Private equity firm Stirling Square Capital Partners has acquired a majority interest in Italy’s Viscolube, a major European player in the used oil recycling sector. The stake is being acquired from Giorgio Carriero and his family, who will retain a minority interest. Carriero, who had previously acquired a minority stake

Private equity emerging markets investor Actis has invested USD71 million in Endurance Technologies Limited, a leading Indian auto component manufacturer. Endurance manufactures aluminium die castings, suspensions, transmissions and brakes with a specific focus on the motorcycle and scooter market and high end engine and transmission components for passenger and commercial

GMZ Energy has secured USD14 million in Series C financing. The new investment was led by Mitsui Ventures and includes I2BF Global Ventures, Energy Technology Ventures (a joint venture of GE, NRG Energy and ConocoPhillips), Kleiner Perkins Caufield & Byers and BP Alternative Energy. With the new funding, GMZ will

Golden Seeds has closed its second fund with USD26.5 million in committed capital for investments in early stage, high growth companies across at least three sectors, including technology, life sciences and consumer goods. The fund already boasts eight portfolio companies: AboutOne – online household management system; Cognition Therapeutics – drug

Global alternative asset manager The Carlyle Group has acquired The Sniffers, a Belgian provider of emission monitoring and related services to the global oil and gas industries, from majority owner Creafund. Creafund and The Sniffers’ management team will continue as minority owners. Equity for the investment comes from Carlyle Europe

DNV has acquired 74.3% of KEMA’s shares. The new combined company DNV KEMA will consist of all 1,800 KEMA employees and 500 employees from DNV’s renewable energy and sustainability activities. The new company will be led by Thijs Aarten, the CEO of KEMA, and headquartered in Arnhem, the Netherlands.  Aarten

Perusa Partners has held a EUR200 million first and final closing of Perusa Partners Fund 2, a Guernsey limited partnership managed by Guernsey-based Perusa Partners Management Limited. Perusa believes that the success and fast-pace of the fund’s final closing is attributable to significant support from existing investors, combined with exceptional

Denver-based private equity firm KRG Capital Partners (KRG) has completed its sale of Avizent to York Risk Services Organization, Inc, a portfolio company of ABRY Partners. The all-cash sale closed on, 2011 and represents KRG’s third successful exit in its USD715 million Fund III. Avizent, headquartered in Dublin, Ohio is

Manfield Partners has acquired two packaged food businesses – MCM Select Foods Limited in the UK and MCM Foods BV in the Netherlands – from Mitsui & Co Ltd of Japan.   The two businesses import, distribute and market a mixture of exclusive brands and own label foods for retailers