Allocations
An affiliate of middle market private equity firm Peak Rock Capital (Peak Rock) has sold Precision Global (Precision) to an affiliate of ONCAP, the middle-market private equity platform of Onex Corporation.
Founded in 1949 by the inventor of the aerosol valve, Precision is one of the world’s leading producers of valves, actuators and related dispensing solutions. The Company operates a global network of facilities spanning fifteen countries on six continents, serving a diverse customer base comprised of many of the world’s largest multinational consumer packaged goods companies across personal care, household, food & beverage, industrial, and pharmaceutical end markets. Precision
KPS Capital Partners (KPS) has signed a definitive agreement, through an affiliate, to sell the attachments division of International Equipment Solutions (IES), consisting of IES’ Paladin, Genesis and Pengo business units, to Stanley Black & Decker for USD690 million.
KPS will retain ownership of the cabs division of IES, consisting of IES’ Crenlo, Emcor and Siac do Brasil brands (collectively, “IES Cabs”).
IES Attachments is a major independent manufacturer of attachment tools for off-highway applications. During KPS’ ownership, IES Attachments acquired and integrated CWS Industries (July 2012) and Kodiak (March 2015), and launched Paladin do Brasil (July 2013).
DataOnline, a provider of Industrial Internet of Things (IIoT) solutions, has completed the acquisition of Independent Technologies. Along with DataOnline’s recent acquisition of Germany-based Wikon GmbH, the combined business will serve more than 1,000 customers in 75-plus countries across Europe, Asia, and the Americas.
Independent Technologies, founded in 1985, is a diversified provider of hardware, software, and services to the telecommunications, oil & gas, and power industries. Its brands include Enertrac, Wintel, and Sheyenne Dakota. The largest division, Wesroc, is the leading provider of IIoT solutions to the North American propane market, offering cellular, satellite, and LoRa technology.
“We
I Squared Capital (ISQ), through its ISQ Global Infrastructure Fund II, has finalised the acquisition of TIP Trailer Services, a pan-European and Canadian trailer leasing and services company, from HNA Group (International) Company Limited.
All regulatory approvals required have been obtained, closing conditions have been met and the sale has been successfully completed per 1 August 2018.
Bob Fast, CEO of TIP Trailer services, says: “TIP’s Senior Leadership team and I are very excited to be undertaking this next phase in our company’s future and we remain convinced of the benefits that it will bring to our customers, our
Polaris Partners has held the first and final close for Polaris Growth Fund I, with USD175 million to continue the firm’s successful track record of investing in profitable technology companies, including software, Internet and technology-enabled services companies.
Polaris Partners closes first-ever Growth fund with USD175 million to continue track-record of helping grow profitable software and technology-enabled services businesses.
The Polaris Growth Fund is led by Managing Partner Bryce Youngren and Partner Dan Lombard. The team has collectively led 15 Polaris growth investments, which have been made from Polaris’ diversified funds. The Polaris Growth team consists of six dedicated professionals
BGF and NVM Private Equity (NVM) have exited their investments in Wear Inns, a community pub estate based in the North East. Wear Inns, which currently has a portfolio of 25 pubs across the North East and Yorkshire, has been acquired by Aprirose, a specialist UK real estate investor.
Wear Inns was founded in 2006 by John Weir and John Sands, with backing from NVM, who created a well-known and much-loved group of pubs run with an absolute focus on community, quality food and drink, customers and staff. Founded on a wealth of experience in the hospitality sector, the group
Plantforce, a provider of heavy equipment rentals in South West England, has received a GBP4.7m growth capital investment from BGF to further scale its operations.
The company, whose clients include Kier, Costain, Balfour Beatty and BAM construction groups, will use the funding to support its growth plans in expansion, acquisition and geographical locations
Founded in 1999, Plantforce operates from four depots in Bristol, Exeter, Bridgwater and Birmingham. It has one of the most modern and diverse ranges of excavator equipment in England – comprising over 750 machines and 250 attachments. The business is highly accredited and focuses on providing
Duet Private Equity Limited (DPEL), an investor in emerging- and frontier markets, has acquired a majority stake in AJEAST Nigeria Limited, the Sub-Saharan Africa subsidiary of AJE Group, one of the largest global multinational beverage companies.
DPEL’s total investment in the transaction is in excess of USD50 million, a significant share of which is allocated as growth capital.
AJE Group formally launched the Company in October 2015 with a brand new, state of the art factory near Lagos, Nigeria. With brands such as BIG Cola, BIG Orange and BIG Lemon, it has gained significant market share in the carbonated
Consolis Group, a European supplier of precast concrete solutions, is to acquire TMB Group, a producer of concrete elements in the Baltic countries and Finland.
TMB Group brings more than 50 years of industry expertise and specific capabilities in both residential and non-residential buildings. Founded in 1961, TMB Group employs around 500 people and its annual revenue exceeded EUR120 million in 2017.
Nicolas Yatzimirsky, Chief Executive Officer of Consolis, says: “By acquiring TMB Group, we’ve demonstrated our ambition to further strengthen our presence in our key European markets. They bring valuable industrial know-how and our respective teams will mutually benefit from further best practices sharing.”
“TMB and its subsidiaries in Finland, Estonia and Latvia have built long-term relationships
YFM Equity Partners (YFM), a specialist private equity fund manager, has invested GBP4.5 million from its managed funds into Collaborative Project Management Services (CPMS) to support the continued growth of the business through ongoing new product and market development.
YFM’s investment is the seventh from its GBP46 million buyout fund.
CPMS provides multidiscipline Project Management to the railway system across track, signalling, telecoms, civils, and overhead lines. CPMS has built a very strong reputation for excellence and is one of only seven companies to be awarded top marks under Network Rail’s Performance Supplier feedback process. CPMS has grown quickly due
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
