Europe

Plastiwell manufactures products for sectors including car making, electrical engineering and sporting goods.

The firm's new vehicle will target European LPs and invest in European SMEs amid rising appetite for defense-related assets, partners Peter Ryttergaard and Lasse Lynge tell affiliate title Private Equity International.

Thoma Bravo, Blackstone and Main Capital are among the PE firms finding opportunity in this sector.

IGS is a healthcare manufacturer in the tooling market for medical devices.

RedBird Capital, Bridgepoint and Great Hill Partners are among the firms investing in the wealth management sector.

The European investment firm is after a double scoop on ice cream maker Froneri, having completed a concentrated multi-asset deal on the asset in 2019.

Leonard Green and Partners portfolio company TenCate is the buyer.

IGS is an independent healthcare manufacturer in the tooling market for medical devices.