UK

'European and allied governments are spending more on defense and security than at any point in a generation, and the companies we back are winning real contracts earlier than they would have done a few years ago,' says CEO and founder John James.

The firm started raising the strategy in Q2 and aims to reach final close by Q1 next year as more funds emerge in this space, Private Equity International has learned.

UK-headquartered Clarion owns and operates more than 100 B2B brands. Its 10 largest category franchises account for two-thirds of revenues.

Clarion, founded in 1947, owns and operates more than 100 specialist B2B live events brands, including IFA Berlin, DSEI and ICE.

CrestOptics, founded in 2011 in Rome, develops and manufactures optical imaging systems for spinning disk confocal and super-resolution microscopy.

Fullers Foods provides outsourced procurement and own-label program management to UK retailers.

BMP Group makes industrial consumable components and sub-assemblies, and RB Medical supplies healthcare products to the UK medical sector.

OCU Group provides design, engineering, construction, commissioning and maintenance services for critical energy and infrastructure assets in the UK, Australia and New Zealand.

London-headquartered Agilia, founded in 2016, has more than 100 infrastructure specialists and offices in Teesside and Peterborough.

The targets include global refrigeration components manufacturer Henry Group Industries, Belgian rubber mounting manufacturer RubberGreen and Brazilian refrigeration components maker Forming Tubing.