Private investment firm Sun European Partners has acquired TENAX, a manufacturer of chemical products, abrasives and tooling for the treatment of natural stone, engineered stone and ceramic slabs. Terms of the private transaction have not been disclosed.    An affiliate of Sun European has acquired a controlling stake in TENAX

Pelican Capital-backed Atech has acquired IMEX Technical Services Limited, a Swindon-based managed service provider. This is the first acquisition announced by Atech since securing an initial £10 million of funding from Pelican Capital in February 2022. Pelican invests in businesses to help support both organic growth, and acquisitions, with flexible

Oghma Partners has acted as exclusive financial advisor to the shareholders of UK-based KTC Edibles Limited (KTC) on the sale of the business to UK-based private equity investor Endless. KTC is one of the UK’s largest suppliers of edible oils, supplying over 250 million litres a year of high-quality cooking

An energy broker that helps businesses to reduce bills has received a further £500,000 in funding from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia. Sunderland-based Troo will use the investment to create around 50 new jobs over the next six

IK Partners’ (IK) IK Small Cap II Fund (IK SC II) is to sell its stake in Bahr Modultechnik (Bahr) to IMI plc (IMI). Bahr is a manufacturer of modular positioning systems, used in a wide range of process automation applications.   IK invested in Bahr in May 2018 and,

Astorg is to acquire OPEN Health, a global provider of scientific communications and market access services to the pharmaceutical industry, from Amulet Capital Partners (Amulet). Established in 2011 and headquartered in London, UK, OPEN Health helps its customers develop strategies for evidence generation and data communication. OPEN Health has more

Private equity investor AnaCap Financial Partners’ portfolio company Gestión Tributaria Territorial (GTT), a provider of software services for tax administration, has acquired the electronic administrations division of the Meana Group. Financial terms of the transaction have not been disclosed.

Global private equity investor Advent International (Advent), and specialty chemicals company LANXESS are establishing a joint venture have formed a joint-venture to acquire engineering materials business (DEM) from Dutch group Royal DSM. The Enterprise Value is around €3.7 billion and will be financed by the joint venture via equity from

GIC, a global institutional investor, and Greystar Real Estate Partners, (Greystar), a specialist in the investment, development, and management of rental housing, have formed a joint venture is to acquire Student Roost, the UK’s third largest purpose-built student accommodation (PBSA) provider from one of Brookfield’s real estate private funds. The

abrdn’s Finnish district heating and energy services business platform, Loimua Oy (formerly known as Elenia Heat), is to acquire Pilke Energia and its subsidiaries from Lahti Energia. Pilke Energia owns and operates biomass boilers with a capacity of 48MW across two sites in the municipality of Kärkölä in southern  Finland.