Industrials

River Associates acquires auto parts provider Horsepower Automotive Group

The company designs, manufactures, and distributes performance parts and accessories used in off-road, overlanding and adventure vehicle applications.

Tikehau’s Emmanuel Laillier: Electronics and mechanical components offer opportunities in defense tech; Defense deal round-up

'We have been working actively on several opportunities while continuing to strengthen our pipeline, with the next deal expected to materialize later this year or into next year,' TIkehau's Laillier told PE Hub.

Apheon acquires French frozen snack group Alma, looks for Benelux, Germany, UK expansion; Novo Holdings ramping up planetary health deal plans

Apheon to acquire frozen snacks biz Alma

Alma combines Foo Seng, a manufacturer of premium frozen Asian snacks, and Varachaux, a manufacturer of frozen meat-based and plant-based food components for food manufacturers and foodservice operators.

Rotunda-backed RMH Systems snaps up material handling integrator Top Shelf

Headquartered in Waukee, Iowa, RMH is a provider of turnkey automation, material handling, packaging, and industrial scale solutions.

Blackstone Energy Transition Partners to buy Dresser Utility Solutions; How AI is forcing software players to rethink business models

First to report that Blackstone Energy Transition Partners is buying Dresser Utility Solutions, a provider of natural gas and water measurement, control and infrastructure metering equipment, from First Reserve; an excerpt from Private Equity International’s story about how AI is upending private equity’s software sweethearts, a must-read for software investors.