Deals
Pan-European mid-market private equity firm Agilitas has completed the sale of Hydro International, a provider of technological solutions for the control, storage and quality management of wastewater, stormwater and industrial process water, to Oldcastle Infrastructure.
Private investor Rcapital, has completed its second carve out deal of 2023 with the acquisition of Temple Lifts from Hitachi. Temple, which has over 35 years’ experience in the lift maintenance sector, was acquired by Hitachi in 2017.
TPG is to acquire Nextech, a provider of clinical and administrative healthcare technology solutions for specialty physician practices, from Thomas H Lee Partners for $1.4 billion. TPG is investing in Nextech through TPG Capital, its US and European late-stage private equity platform.
Private investment firm Summa Equity has sold Kiona, a proptech firm and developer of a building energy efficiency software platform that allows users to monitor, control and optimise their energy consumption, to global energy efficiency specialist CAREL.
Ardian, a $150 billion private equity, real assets and credit manager, has signed an agreement to acquire 100% of European waste management and circular economy platform Attero.
Headquartered in Wilp, the Netherlands, Attero is a Dutch operator of energy-from-waste, plastics recycling, biomethane production, and inert mineral depository facilities, processing 3.6mt of waste from municipalities and businesses and generating more than 800 GWh of renewable electricity, equivalent to powering 300,000 homes, as well as 22m m3 of green gas.
Ardian plans to support Attero’s renewable energy expansion via significant capex investments into biomethane from organic waste and solar PV development on
UK private equity firm Maven Capital Partners has realised its investment in the scientific instrument developer Blacktrace Group with a strategic sale to US life science tools corporate Unchained Labs.
The sale represents Maven’s third profitable exit in 2023, having earlier in the year sold Hedgehog Lab, a mobile app and web development specialist, and Titan Wealth, a consolidator in the discretionary fund management sector.
The deal is the second profitable sale from the Blacktrace Group following the acquisition of the Group’s Syrris unit by Japanese corporate Asahi Glassplant in early 2020.
Maven clients invested in Blacktrace in 2016. Blacktrace
Bain Capital is acquiring 90% of Adani Capital and Adani Housing, in a deal which will buy out 100% of the Adani family’s private investments in the company.
Gaurav Gupta, CEO and managing director, will retain his stake and will continue to lead the company.
Bain has also committed $120 million in primary capital to facilitate the company’s ongoing growth. In addition, Bain Capital is also immediately making available to the Company a liquidity line $50 million in the form of Non-Convertible Debentures.
Rishi Mandawat, partner at Bain Capital, said Adani has “strong business fundamentals, an experienced team, with ability
Inflexion Private Equity Partners is buying UK-listed global law firm DWF Group in a recommended all-cash offer for £342 million, according to a report by Marketwatch.
DWF shares rose 13% following the announcement on Friday. Its price had earlier risen after the legal and business services provider DWF and London-based middle market Inflexion said last week they were in talks regarding a possible deal.
Under the agreed terms, DWF shareholders will receive a total consideration of 100 pence a share, which includes 97 pence a share in cash and 3 pence a share from a special dividend.
The offer price
KKR is nearing a deal to acquire chemical maker Chase for approximately $1.3 billion including debt, according to a report by the Wall Street Journal.
The specialist chemical manufacturer – which has a market capitalization of $1.18 billon – gained 3% this week on the back of reports of a potential deal, which could be agreed later on Friday.
Chase has reportedly received multiple bids from private equity firms including Pritzker Private Capital, a family-owned investment firm connected to the family of Illinois Gov. J.B. Pritzker and others, as well as other industrial companies.
KKR is understood to be looking
Los Angeles-based Levine Leichtman Capital Partners is investing in SEV, a Burbank, California-based manager and operator of med spas which provide cosmetic services such as laser hair removal, injectables and body contouring.
SEV, which was founded in 2010, will continue to be led by founder and CEO Sevana Petrosian and the existing management and clinical teams. Financial terms of the transaction were not disclosed.
Andrew Schwartz, partner at Levine Leichtman Capital, which manages $8.7 billion of assets, said: “SEV has built an incredible brand, compelling service offerings, and a loyal customer base. We believe strongly in the long-term potential of
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
