ADM Capital has exited its Central Eastern European and Kazakhstan private equity business, collectively known as the CK Region, through a management buyout. The disposal, which completed on the 1 August, will allow ADM Capital to focus its strategic resources on further growing its Asian fixed income business, leveraging its

An affiliate of middle market private equity firm Peak Rock Capital (Peak Rock) has sold Precision Global (Precision) to an affiliate of ONCAP, the middle-market private equity platform of Onex Corporation. Founded in 1949 by the inventor of the aerosol valve, Precision is one of the world’s leading producers of

KPS Capital Partners (KPS) has signed a definitive agreement, through an affiliate, to sell the attachments division of International Equipment Solutions (IES), consisting of IES’ Paladin, Genesis and Pengo business units, to Stanley Black & Decker for USD690 million. KPS will retain ownership of the cabs division of IES, consisting

BGF and NVM Private Equity (NVM) have exited their investments in Wear Inns, a community pub estate based in the North East. Wear Inns, which currently has a portfolio of 25 pubs across the North East and Yorkshire, has been acquired by Aprirose, a specialist UK real estate investor. Wear

Pamplona Capital Management (Pamplona) has sold BBB Industries (BBB Industries) to Genstar Capital.   BBB supplies non-discretionary replacement parts in the North American automotive aftermarket, primarily focused on the do-it-for-me light vehicle aftermarket and serves vehicle owners, professional technicians and franchised dealers. BBB Industries has a broad product offering, including

Private equity firm ClearLight Partners has sold Taymax Group Holdings (Taymax) to Trilantic North America for an undisclosed sum. Based in Salem, New Hampshire, Taymax is one of the largest and fastest-growing franchisees in the Planet Fitness system. Taymax owns and operates more than 50 Planet Fitness clubs in the

Bowmark Capital, a mid-market private equity firm, has sold Nexus Vehicle Rental (Nexus), a UK-based corporate vehicle rental provider, to Phoenix Equity Partners for GBP142 million. The investment generated a return for Bowmark-managed funds of over 3-times cost.   Established in 1999, Nexus connects vehicle rental companies with corporate customers

Wendel has received a firm offer from Aptar Group to acquire all share capital of CSP Technologies (CSP), a provider of custom polymeric solutions and specialty protective packaging, for an enterprise value of USD555 million or approximately 13 times Adjusted EBITDA. Subsequently, Wendel has entered into an exclusivity period with