Deals
Maven Capital Partners has invested GBP5m for a majority equity stake in R&M Engineering, which provides integrated engineering and fabrication services to the North Sea oil and gas industry.
This investment is the sixth new deal Maven’s Aberdeen team has completed this year.
R&M operates out of purpose built premises in Huntly (Aberdeenshire) and is one of the few independent companies in the UK with the expertise and infrastructure to carry out large and complex projects including hydraulic, pneumatic and electrical work. The business undertakes all processes in-house including design, machining, welding and final fabrication.
R&M has enjoyed
Private investment company Ardian has joined forces with Eric Van Hal, chief executive and co-founder of the NHV Group, to acquire a majority stake in the Ostend-based NHV Group from the founder shareholders.
NHV Group is an international helicopter transport services group.
Based in Ostend, Belgium, NHV was founded in 1997 by Van Hal, Jozef de Kinder and Concordimo. Fin.co Capital Partners, a Belgian family office, joined the founding shareholders in 2009 to further support the company’s growth.
NHV has 360 employees across 15 bases on three continents, with a solid track record of rapid international expansion and
HIG Europe has sold Europa Support Services (Europa) to Bilfinger SE.
HIG Europe is the European arm of global private equity company HIG Capital.
Europa Support Services is one of the leading providers of technical, infrastructural and integrated facility management services in the UK and the Republic of Ireland.
HIG invested in the company in 2008 in what was then its first investment in the UK market from its maiden dedicated European equity fund. Since then, the company has completed four bolt-on acquisitions and delivered strong organic growth, with revenues increasing during the period more than fivefold to over
PA Group, the parent company of the Press Association (PA), has signed an agreement to sell its weather business MeteoGroup to global growth investment firm General Atlantic.
MeteoGroup, Europe's largest private sector weather business, provides weather services for corporate, industrial, media and consumer markets including key sectors such as transport, marine and energy.
Since PA's acquisition of MeteoGroup in 2005, the business has enjoyed consistent double digit growth in both revenue and profit and has more than doubled in size, employing almost 400 people in 14 countries.
Clive Marshall, PA Group's chief executive, says: "The sale of MeteoGroup
Law firm Reed Smith has advised Sovereign Capital Partners on the sale of City & County Healthcare Group (C&C) to Graphite Capital Management.
Sovereign first acquired C&C in 2009. Since then, C&C has extended its services to include children and adults with learning disabilities, expanding from 13 branches to 64, and is now Britain’s fourth largest domiciliary care provider.
The Reed Smith team was led by partner Perry Yam, senior associate James Cross and associate Emilia Valvano. The team advised the shareholders of C&C on the sale and advised management, led by CEO Craig Rushton, on its re-investment into
Eagle Energy Exploration has received an equity commitment of up to USD300m from energy private equity firm Riverstone.
The Riverstone commitment comprises up to USD200m from Riverstone Global Energy and Power Fund V and up to USD100 m from Riverstone Energy Limited (REL).
Eagle will pursue oil and gas exploration and production opportunities in the Mid-Continent region of the US, leveraging its operating experience in the region and building on its prior success accumulating, delineating and developing acreage in the Mississippi Lime.
This venture represents the second partnership between Riverstone and Eagle management, led by Steve Antry
OFI InfraVia’s European fund II (InfraVia II), its second European infrastructure fund, has acquired Outokumpu’s electricity distribution network located on the Tornio site in Finland.
With the transaction, a number of Outokumpu employees are transferring to RIG (Röyttä Industrial Grid), a new industrial electricity distribution company established by InfraVia II and which will continue to operate the network.
“RIG is an excellent electricity distribution asset with a strong contractual framework and an attractive investment profile, which aligns perfectly with our investment strategy in midcap infrastructure assets supporting solid industrial partners,” says Vincent Levita, founder and chief executive of OFI
JTC Group has acquired Anson Fund Managers Limited (AFML), the fund administration business of the Anson Group, which is based in Guernsey and represents GBP11.5bn in funds under administration.
AFML specialises in providing a wide range of support services to companies and funds. Its clients include trading companies, open ended and closed ended funds and unit trusts, investment companies and limited partnerships, many of which are listed on stock exchanges such as the London Stock Exchange, Euronext and AIM.
In addition to working for many London listed companies including FTSE 350 members, AFML also acts for a third of
U-Boat Worx has partnered with Exa Limited, a company owned by entrepreneur Tan Sri Lim Kok Thay who spearheads the Asian conglomerate Genting Group.
The partnership is aimed at advancing U-Boat Worx’ growth path in the coming years, which includes increased production capacity, reduction of delivery times, and improvement of global support.
“This is an innovative product that offers the unique experience of deep-sea exploration and ocean diving without getting into scuba gear. I am impressed that U-Boat Worx’ team has established the company as the market leader in the field of manned submersibles, notwithstanding the adverse economic environment,”
Private investors Francis Louvard and Gregory Ingram have acquired just under 90 per cent of the shares in KGAL.
The firm is a specialist in fund and asset management and is headquartered in Grünwald, near Munich.
The current owners, Commerzbank, Bayerische Landesbank, Haspa Finanzholding and Sal. Oppenheim, retain a stake of around 10 per cent.
CMS Hasche Sigle advised the two investors on all legal aspects of the purchase via a team led by Dr Peter von Borch and Richard Mitterhuber.
The KGAL Group is an asset manager for tangible assets, specialising in real estate, infrastructure, aircraft
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
