Europe

Tenzing- and Livingbridge-backed CitNOW Group in triple play

The deals make it four bolt-ons since Livingbridge’s investment and Tenzing’s reinvestment in CitNOW Group in July.

Mutares exits Nordec for 7x-10x ROIC

Nordec Group Oyj generated revenues of approximately €225.5 million in 2021.

CapMan backs green logistics services provider Niemi Services

Niemi Services' fleet of vehicles runs on 100% fossil-free fuel.

KKR’s Pillarstone exits Sirti Energia to make it eight for Mutares

Mutares has bought the company as an add-on acquisition to its portfolio company Exi.

Investindustrial takes bite of Eataly; Monroe Capital tees up football and rugby deals

Gordon Saint-Denis, managing director, head of sports finance at Monroe Capital, is confident that the influx of private money into European football will continue apace.

ICG Infra’s investment electrifies Zeplug’s growth efforts

Zeplug has combined with Bornes Solutions, an ICG Infra portfolio company that installs charging stations in multi-occupancy residencies, as part of the deal.

Investindustrial takes bite of Italian marketplace chain Eataly

Investindustrial VII has invested €200m and will become the majority shareholder.

US PE firm looks at Lukoil asset as sanctions bite; Tikehau-backed Mecachrome takes flight with Rossi Aero

Latest data from M&A technology provider Datasite indicates the war in Ukraine is bolstering activity in the industrials sector.

Blackstone exits Butlin’s to new Harris family company

Blackstone acquired Bourne Leisure in January 2021 from founders the Harris, Cook and Allen families.

Tikehau-backed Mecachrome buys Groupe Rossi Aero

Mecachrome designs, machines and sub-assembles high precision assemblies for the aerospace, automotive, defence and energy sectors.