The Carlyle Group has acquired a majority stake in Spain-based plywood manufacturer Garnica from Intermediate Capital Group (ICG) and certain shareholders in a €500 million deal. The transactions sees ICG exit the company, while the Garnica family will reinvest part of the money obtained and retain, along with the management

Arrowpoint Advisory’s Industrials team has advised Switzerland-based Cavotec SA (Cavotec) on the carve out and disposal of its Airports Division to US-based investment group Fernweh Group. Cavotec Airports Division will now be known as Dabico Airports Solutions (Dabico). Cavotec is a global engineering group, headquartered in Lugano, Switzerland, and listed

Lithium startup EnergyX, which completed two rounds of financing from 2020 to 2021 through the Netcapital Funding Portal, has received a $450 million investment commitment from private equity firm Global Emerging Markets Group (GEM) in conjunction with its plans to go public by 2024. Founded in 2017, EnergyX is a

Stout, a global investment bank and advisory firm backed by Audax Private Equity (Audax), has acquired The Claro Group (Claro), a US-based, privately owned financial, economic, and management consulting firm.  Since 2005, Claro has helped executives and management teams analyse, control, and resolve difficult business challenges related to high-stakes litigation,

Abris Capital Partners (Abris), an ESG transformation specialist private equity investor, has supported Alsendo, a Central European technology shipping solutions business, in acquiring a majority stake in Innoship, a Romanian SaaS delivery management platform.  Alsendo will team up with all four founders of Innoship, who are staying on board following

Lovell Minnick Partners (LMP), a private equity firm focused on investments in financial services, financial technology and business services companies, has added Ron Austin to the firm’s Advisory Council.  Austin will assist LMP in all phases of its insurance investments, as well as introduce operational improvements to existing insurance related

Odyssey Investment Partners (Odyssey), a growth-oriented middle-market private equity firm, is to acquire Magna Legal Services (Magna), a litigation support services provider, from CIVC Partners (CIVC). Financial terms of the transaction, which is expected to close in the fourth quarter, have not been disclosed. Magna provides litigation support services to

Victory Park Capital (VPC), a global alternative investment firm specialising in private credit, has provided a $100 million credit facility to Nelo, a consumer payments platform for online purchases in Mexico. Nelo’s recently launched all-in-one app enables customers to pay in instalments at any online merchant, through a partnership with