Avedon Capital Partners has made simultaneous acquisitions of ICT service providers Detron and Zetacom and will combine the businesses to create one of the Netherlands’ largest independent managed services providers, with over 600 employees. 

HIG Capital, a global private equity investment firm with $54 billion of equity capital under management, has acquired a controlling stake in Pinalli, a distribution platform for beauty & personal care products. 

ARC Group, a specialist in M&A and capital markets advisory services, is establishing a presence in New York City through the acquisition of a controlling stake in US-based private equity and advisory firm Luminous Capital.

Inflexion is to acquire a majority stake in dss+, a provider of sustainability-focussed operations management consulting services, from Gyrus Capital, via its Buyout Fund VI, which closed with £2.5 billion in capital commitments in March 2022.

ARX Equity Partners, a Central Europe-focused private equity firm, has completed the sale of TES Vsetin, a Czech electro-mechanical engineering company, to a private equity consortium of Genesis Capital and Avallon. The financial terms of the transaction have not been disclosed.

Consumer-focussed private equity firm Yellow Wood Partners has acquired Unilever’s Suave beauty and personal care brand, which includes hair care, skin care, skin cleansing and deodorant products, in North America. Suave will continue to be owned and operated by Unilever outside of the US and Canada.