Investment holding company Salvepar, which is 92 per cent owned by the Tikehau Group, has sold its entire stake in Lacroix for EUR2.1m. Salvepar is listed on the Parsi stock exchange and conducts an active policy of minority and medium-term shareholding acquisitions in listed and non-listed companies.

One of KRG Capital Partners’ Fund IV platform companies, Fort Dearborn Company, has completed the acquisition of FetterGroup’s paint and coating labels business. KRG made its initial investment in Fort Dearborn Company – a supplier of cut and stack, pressure sensitive, roll-fed and shrink sleeve labels – in August 2010. The acquisition of FetterGroup’s paint and coatings label business represents the 179th investment for KRG since its inception.

Alliance+, the Nordic cleaning business backed by Danish/Swedish mid-market private equity investor Polaris Private Equity, has completed its seventh add-on deal, acquiring Facila, a complementary Swedish business. Alliance+ was formed by Polaris in 2009 through the simultaneous acquisition of Kølving & Thaning and Alliance Clean & Care – two cleaning service companies operating in Denmark. Since then the company has made a number of add-on acquisitions, initially in Denmark. In 2012 Alliance+ reached a strategically important milestone with the acquisition of Sweden’s largest privately owned cleaning services company, Miljöteamet, which transformed the business into a pan-Nordic entity, making it the

Innovacom has invested in the capital of Green Communications during a fundraising round of EUR600,000. This marks the first investment of its seed fund technocom2, dedicated to digital start-up companies having a strong technical component. The seed fund technocom2 is financed by CDC Partners as part of the Fond National d’Amorcage which it manages for the French state in the programme of investment for the future together with strategic partners such as Alcatel-Lucent who will support Green Communications along with Innovacom’s management team. Green Communications grew out of research carried out by the Université Pierre et Marie Curie and the

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 provides its products and services through a multibrand, multi-specialist and multi-channel network. IPH is active in France, Belgium, the Netherlands, Germany and Romania, with approximately 3,000 employees and revenues of approx. EUR900m in 2011.   Olivier Berment (pictured), co-head of private debt and managing director at AXA Private Equity, says:

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 and reporting services. The company offers end-to-end integrated solutions, either as mobile services or located within hospitals, GP surgeries or dedicated community sites. The North West Fund for Biomedical is part of the wider GBP155m North West Fund, financed jointly by the European Regional Development Fund and the European Investment

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 US whose product lines include property and casualty, employee benefits and related third party administrator services, human resource outsourcing, loss and claims management, surety bonding and personal lines coverage.  The company was co-founded in 2005 by chief executive Greg Williams to acquire independent insurance agencies across the Midwest and since

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 independent distributors delivers products and services to professional roofing contractors. Founded in 2008, SRS has grown rapidly through organic same-branch sales growth, new branch openings and acquisitions. Ron Ross, chairman and chief executive officer of SRS, says: “We have had a very successful and rewarding past five years with our

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 and state-of-the-art systems to engineer and manufacture a diverse variety of customised products for the automotive industry.  Ned Fleming, founder and managing partner of SunTx, says: "Today’s announcement marks an important milestone for all parties involved. The sale of Huron is a validation of our firm’s investment strategy of seeing