Europe

KPS inks €3.5bn deal for electric motor firm Innomotics

Hg’s Cube in US push with Reuters carve-out.

KPS Capital agrees to buy Innomotics for €3.5bn EV

Innomotics is a global supplier of electric motor and large drive systems.

Main to sell Optimizers to TA Associates-backed biz

KKR to take IQGeo private; Summa on Fast LTA plans.

Equistone to bid adieu to KWC Group’s home segment  

KWC Group is a manufacturer of fittings and accessories for kitchens, bathrooms and washrooms.

Bregal Milestone-backed Allshares picks up Aktieinvest Incentives

Aktieinvest Incentives is a share plan and equity incentive administration provider.

Main Capital sells Optimizers to TA-backed Orisha

Optimizers is a European ecommerce enablement software provider.

Summa Equity plans to make Fast LTA an international player

The firm agreed to acquire a majority stake in Fast LTA from Afinum in early May.

Equistone to sell majority stake in Andra Tech, to retain minority stake

Andra Tech is a manufacturer of precision components and sub-modules.

Mutares-backed Ganter Group adds on FSL Ladenbau

FSL Ladenbau is a shopfitting services provider.

PSG-backed Sport Alliance snaps up PerfectGym

PerfectGym is a global software provider to fitness and leisure businesses.