European Camping Group (ECG), a European outdoor accommodation provider backed by PAI Partners, is to acquire Vacanceselect, a campsite and mobile-home operator, from funds advised by Permira and minority shareholders including The Ganivenq Family and Batipart. Headquartered in Montpellier, France, Vacanceselect is present in over 270 campsites, located across attractive holiday-making European destinations such as France, Italy, Spain and Croatia. The Company operates 22,000 mobile-homes under the Tohapi and Vacanceselect brands. Vacanceselect has a strong presence throughout the camping and outdoor accommodation value chain, including rental activities, mobile home sales and online digital distribution.   Since acquiring ECG (which is

Forward Solutions, a portfolio company of Osceola Capital, has acquired Utility Sales Associates, a provider of outsourced sales services for utilities and telecommunications equipment manufacturers. Utility Sales Associates, headquartered in Chicago, IL, further expands Forward Solutions’ existing coverage areas into the highly strategic utilities and telecommunications sectors, while strengthening the company’s geographic footprint in the Central United States. Utility Sales Associates’ product offering includes network testing equipment, cables, transformers, grips, switches, personal tools, safety products, and cable installation, repair, identification and locating equipment, among others. Utility Sales Associates will represent a new, standalone go-to-market brand within Forward Solutions’ portfolio focused

ICG’s debut Infrastructure fund, ICG Infra I, has acquired British Solar Renewables (BSR), one of the largest integrated solar developers in the UK. ICG Infrastructure Equity successfully raised €1.5 billion in investor commitments in February 2022. ICG Infra has acquired the business from Siem Europe and will become the majority owner of BSR. The current management team will remain as shareholders and will work alongside ICG to develop the current pipeline and business to continue the focus on building high quality renewable energy projects to help the UK achieve its Net Zero emissions target by 2050.   Located in Somerset,

Ceros Financial Services is partnering with Forte Capital Group, a financial advisory firm based in New York City with approximately $1 billion in client assets and 45 registered representatives and its affiliate, Innovation X Advisors, a leading late stage venture capital firm. The Innovation X family of funds have over $2 billion of capital commitments and have realised many successful exits including Airbnb, Spotify, Uber, Palantir and Pinterest. Terms of the transaction were not disclosed.    Mark Goldwasser, CEO of Ceros Financial Services, acquired the business in 2019 with partners Chris Dewey and David Brown.  Ceros Capital Markets, the firm’s

Actis is to acquire a controlling stake in Yellow Door Energy Limited (YDE), a distributed Commercial & Industrial (C&I) solar platform in the Middle East and Africa (MEA) region with around 200MW of secured production capacity.

Galaxy Digital Asset Management (GDAM), the diversified asset-management arm of Galaxy Digital Holdings Ltd dedicated to the digital assets and blockchain technology industry, is investing in Europa Digital Assets, an active alternative investment manager focused on crypto opportunities. GDAM’s investment will provide seed capital for the firm’s Europa Opportunistic Offshore Fund, a newly launched fund that will offer investors exposure to cryptocurrency markets by actively managing investments across the digital asset ecosystem, including spot assets, derivatives, and DeFi protocols. Europa will also utilise Galaxy Digital’s trading platform.  Additional terms of the partnership have not been disclosed. Europa is managed by

Sentinel Capital Partners, a private equity firm that invests in promising mid-market companies, has acquired Bandon Holdings, the largest franchisee in the Anytime Fitness family. Terms of the deal have not been disclosed. Based in Austin, Texas, Bandon operates 213 Anytime Fitness clubs and has more than 140,000 members. Bandon’s strategy has traditionally focused on owning and operating clubs in small suburban and rural markets with limited fitness club options. Bandon’s clubs are well maintained and feature high-quality equipment and personal training services, offering a friendly, convenient fitness solution to local communities in 24 states.

Ironwood Capital has exited its investment in Ripley Tools (Ripley), which was sold to Hubbell Incorporated earlier this month. Ripley designs and manufactures cable preparation tools, testing and measuring equipment for the fibre optic, coaxial cable, telecom and electrical utility markets. Ironwood Capital provides non-control growth capital to middle market companies across the US. The Firm has invested more than $1 billion in over 100 companies since 2001 and currently invests subordinated debt and minority equity in amounts ranging from $10 million to $30 million. 

An affiliate of IK Partners’ IK VII Fund has entered into a put option agreement to sell its stake in Exxelia to global aerospace business HEICO Corporation (HEICO).