Managers
An incubator designed to help fledgling companies grow and thrive in County Durham has been launched at one of the region’s fastest growing business hubs.
Durham City Incubator, based at Salvus House, in Aykley Heads, Durham, will be open to businesses that have been trading for under 12 months and are based in County Durham. Companies will be able to tap into six months of intensive support designed to ensure they are ready for the next stage of growth, with training and advice ranging from financing and marketing to legal issues and business strategy and much more.
The incubator is
CVC Credit Partners has acted as Administrative Agent on a first lien senior secured credit facility provided to Industrial Physics.
The company used the proceeds at close to finance an acquisition and refinance existing debt, whilst the credit facility can also be utilised to finance the company’s growth through future acquisitions in the US and Europe.
Formed in 2014 by Union Park Capital, Industrial Physics designs, manufactures, and distributes test and measurement instruments for quality assurance of packaging materials. These instruments are critical to maintaining customer quality control procedures and are used throughout the value chain. The Company has offices
ARQIS has advised Alloheim Senioren-Residenzen SE on the acquisition of the Cologne-based CMS Unternehmensgruppe.
The takeover is subject to approval of the antitrust authorities. After the transaction’s closing, which is expected to be carried out by the end of the year, Alloheim will combine about 21,000 care beds and apartments for assisted living under one umbrella.
CMS operates 23 nursing homes with about 2,000 care beds, an outpatient nursing service, day care services, and about 300 apartments for assisted living. Since its foundation in 1990 by Klaus Rosenthal, CMS has constantly expanded its regional presence and today has operations
Private equity company HIG Capital’s (HIG) portfolio company AVI-SPL has acquired Interactive Solutions (ISI).
AVI-SPL is the global leader in enterprise grade audio visual and videoconferencing (AV/VC) systems integration and unified communications (UC) solutions. ISI’s leading position in the Southeastern US will enhance and expand AVI-SPL’s ability to service its customers in the fast growing region.
Headquartered in Memphis, Tennessee, ISI provides AV/VC and UC services through its Memphis and Nashville locations to leading corporate, higher education, healthcare, and government customers. Founded in 1996, ISI has exhibited robust growth driven by continuous innovation and a “customer first” culture. The
Noerr has advised the Danish electronics manufacturer GPV International on the acquisition of the Swiss CCS Group in a deal worth DKK800 million (EUR107 million).
The seller is the Swiss investor Zurmont Madison Private Equity.
Both companies are active in the field of electronic manufacturing services (EMS) with a focus on electronics, mechatronics, precision mechanics and cable harnesses. The merger creates a global EMS provider with around 3,700 employees and production sites in Asia, Europe and America.
Noerr advised on the transaction together with the Danish law firm Gorrissen Federspiel and advised GPV on the German and Slovak
CogitalGroup, an international business services group focussed on entrepreneurial and private businesses, and its London division, Blick Rothenberg, have acquired Hazlems Fenton.
Hazlems Fenton, is a practice focussing on providing a range of compliance and advisory services to owner managed businesses.
John Connolly, Executive Chairman, says: “I am delighted to welcome our new colleagues into our group. Hazlems Fenton‘s client base complements Blick Rothenberg’s services to entrepreneurial businesses. The acquisition builds on Blick Rothenberg’s existing client base in this sector which is a core historic strength of Blick Rothenberg.”
Nilesh Shah, CEO of Blick Rothenberg, says: “We are
One Equity Partners, a middle-market private equity firm, has acquired the Alltub Group. Terms of the transaction have not been disclosed.
Founded in 2005 as a spin-off from the aluminium producer Alcan, Alltub is a market leader in aluminium and laminate speciality packaging for the cosmetics, pharma, food and industrial end markets. Headquartered in Amsterdam, Alltub operates a global production and sales platform with facilities in the Czech Republic, France, Germany, Italy and Mexico. With revenues of EUR 150 million in 2017 and more than 1,400 employees, the Company has experienced steady growth in recent years and serves large global
Frontenac, a Chicago-based private equity firm, has completed the sale of GNAP, a distributor of industrial abrasive products, equipment, specialty ceramics and ancillary services to CenterOak Partners.
Terms of the transaction have not been disclosed.
GNAP was formed in 2005 through a merger between Grand Northern Products and Abrasive Products. Since Frontenac recapitalised GNAP with the owner operators in 2014, the Company has achieved strong organic growth and completed four acquisitions, making it the market-leading speciality distributor of consumable abrasive products for surface enhancement and specialty ceramics applications. GNAP represents more than 550 global suppliers and serves over 5,000
High Road Capital Partners has completed the acquisition of Radix Wire (Radix), the ninth platform acquisition for High Road Capital Partners Fund II.
Cleveland, Ohio-based Radix is a manufacturer of high-temperature and fire-resistant wire and cable. Radix designs and engineers products proven to perform in temperatures ranging from 150°C to 1000°C and in diverse industrial OEM, maintenance, repair and operations, and fire protection applications. Radix serves global markets with increasingly stringent regulations governing component selection and performance, including cooking and heating equipment, oil and gas, lighting, and fire protection systems. Radix’s branded, high-performance products are manufactured in two facilities in
IK Investment Partners’ (IK) IK Small Cap II Fund, together with company founders, is to acquire SCHEMA Group (SCHEMA), a developer and provider of software solutions for demanding product- and process-related content.
Financial terms of the transaction, which is subject to regulatory approval, have not been disclosed.
Founded in 1995 by Marcus Kesseler and Stefan Freisler, SCHEMA provides sophisticated component content management system (CCMS) software for creating modular documentation in technical content and other editing contexts and targets a broad range of different global industries such as engineering, pharmaceuticals and medical technology. CCMS solutions are required to efficiently master
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
