AXA Private Equity has arranged a EUR220m unitranche facility for the acquisition of IPH by PAI Partners from Investcorp. The deal represents the largest unitranche financing in Europe to date.   IPH is a distributor of industrial supplies in Europe. Founded in 1987 and historically based in Lyon, France, IPH

Diagnostic imaging company Diagnostic Healthcare has secured GBP1m investment from The North West Fund for Biomedical, managed by SPARK Impact. Diagnostic Healthcare, headquartered in Altrincham, has a network of centres and mobile units across the UK providing MRI scans, obstetric ultrasound, bone density scans (DEXA scan), cardiac testing, health screening

Genstar Capital, a middle market private equity firm that focuses on investments in the insurance and financial services, software, life sciences, healthcare and industrial technology industries, has acquired Acrisure, a retail insurance brokerage organisation. Based in Grand Rapids, Michigan, Acrisure is the 50th largest privately owned insurance agency in the

Berkshire Partners has acquired a majority interest in SRS Distribution from AEA Investors. Members of the SRS management team will remain significant investors in the business. Terms of the transaction have not been disclosed. SRS is the fourth largest residential roofing distributor in the US. The company’s national network of

SunTx Capital Partners has sold its portfolio company, Huron, to a financial sponsor. Financial terms of the transaction have not been disclosed. Huron, based in Lexington, Michigan, is a supplier of value-added tubular assemblies and precision machined products for the automotive industry. Originally founded in 1943, Huron uses advanced technologies

Independent oil and gas company Aladdin Middle East has raised USD20m in new equity from 4D Global Energy Advisors SAS (4DGEA), a Paris-based private equity investor that specialises in the energy sector. The equity financing will enable Aladdin Middle East to finance its committed and contingent work programmes and working

Sovereign Capital portfolio company City & County Healthcare Group has acquired ISS Healthcare (ISS), extending the group’s complex care offering and marking its first acquisition in Wales.   ISS provides care in the home from its two branches in Torfaen, South Wales and Birmingham. The Torfaen branch was established in 2001,

GI Partners, a Bay Area-based multi-strategy private equity investment manager, has acquired a data centre-anchored property in Hayward, California.  The investment was made through DataCore, a fully discretionary core real estate fund managed by GI Partners. The California State Teachers’ Retirement System (CalSTRS) created DataCore in 2012 as a core

Private equity firm Nautic Partners has completed the sale of Big Train to Kerry Group. The terms of the transaction have not been disclosed. Headquartered in Lake Forest, California, Big Train is a manufacturer and marketer of liquid and powdered beverage concentrates used for blended ice coffee, fruit smoothies, chai