Private equity investor PAI Partners (PAI) is to acquire M Group Services, a service provider to the regulated infrastructure markets in the UK and Ireland, from First Reserve, a private equity firm exclusively focused on energy.  Jim Arnold, Chief Executive of M Group Services, says: “Over the past two years, First Reserve’s strategic investment in our group has enabled the successful delivery of our business strategy. This has resulted in continued profitable growth. We have broadened the markets in which we operate, we have diversified our service offering and we have created a strong foundation for future continued success across

Direct Healthcare Group (DHG), a private equity-backed manufacturer of pressure care solutions, has completed the acquisition of Qbitus Products. Qbitus was founded more than thirty years ago and supplies bespoke, pressure relieving cushions to the NHS and Wheelchair Services.   Based in Caerphilly, DHG specialises in the development of clinically effective solutions for the delivery of harm-free patient care. The Group expects to grow turnover to GBP24m in the current year and has increased headcount from 62 to 180 since NorthEdge Capital supported an MBO in April 2016.   This latest bolt-on represents DHG’s fourth acquisition in 24 months. In

TPG Growth has partnered with management to acquire HALO Branded Solutions, a leading marketing services platform that distributes promotional products and provides employee recognition services. TPG Growth acquired the company from Audax Private Equity. Financial terms of the transaction, which is expected to close in the second quarter, subject to customary closing conditions, including regulatory approval, have not been disclosed.   “At HALO, we strive to provide our clients with innovative, customised solutions that showcase their brand and values,” says Marc Simon, CEO of HALO. “TPG Growth is a hands-on partner that understands our business and supports our vision. We

IK Investment Partners’ (IK) IK Small Cap I Fund, alongside founders Maxime Aiach, Philippe Coléon and José Dinis, has acquired Domia Group (Domia), owner of French private tutoring market specialist Acadomia and French home cleaning provider Shiva, from Metric Capital Partners. Acadomia is the leading player in the primary, secondary, higher-education and test-prep tutoring markets (at-home, centres and online). Since 1989, Acadomia and its employees have continuously innovated to offer quality learning experiences to more than 1 million families across different geographies, backgrounds, subjects and learning needs. Acadomia now operates a network of 100 agencies and 20,000 tutors dedicated to

A consortium of Finnish institutions, including LocalTapiola, Varma and Ilmarinen, together with Mehiläinen management and in partnership with lead investor CVC Capital Partners’ (CVC) Fund VII, has agreed to acquire Mehiläinen, a private healthcare and social care provider in Finland. The change in Mehiläinen ownership does not impact the company’s employees, customers or business partners. Mehiläinen’s management team will remain unchanged as owners in the company.   Founded in 1909, Mehiläinen has a long and proud history of providing high quality and customer-centric healthcare and social care services to the Finnish population. Today, the company provides a full range of

Mecadaq Group, a provider of high precision manufacturing for the aerospace industry, has acquired Hirschler Manufacturing, a US based company specialised in hard metal machining. Based near Seattle, Washington, USA, with EUR9m in turnover, Hirschler Manufacturing produces high-precision mechanical parts made from hard metals such as titanium, stainless steel, and inconel. The company has been a strategic supplier for more than 50 years to large clients in aerospace such as Spirit AeroSystems, Mitsubishi Heavy Industries, or Boeing, which has given the company the ‘supplier silver award’.   By joining the Mecadaq Group, Hirschler Manufacturing brings its customer portfolio, a recognised

Maroon Group has acquired J Tech Sales, a national distributor of specialty chemicals and ingredients. J Tech’s management team, led by Jeff Tannenbaum and Barry Tannenbaum, will remain in place and continue to actively manage the business as an operating vertical within Maroon Group. Tannenbaum and Tannenbaum will become significant shareholders in Maroon Group, which is majority-owned by CI Capital Partners. This is Maroon Group’s eighth add-on acquisition under CI Capital’s ownership. Terms of the transaction were not disclosed.   Established in 1997, J Tech Sales is a value-add distributor to the household, industrial & institutional (HI&I); Food & Beverage;

The Carlyle Group (NASDAQ: CG) has acquired The Crosspoint building on Liverpool Street in London from Amsprop in an off-market transaction. This investment adds to the Uncommon flexible office and co-working business that Carlyle and the Adir Group launched in June 2017.  Capital for this investment came from investment funds that Carlyle advises.   The building is to be rebranded ‘Uncommon Liverpool Street’, with an opening expected later this year.  The 41,000 sq ft nine-storey office benefits from 360 degree views over the City skyline including two roof terrace gardens. Adjacent to Liverpool Street station, the site offers excellent access to the London