DAHL acquired by KESKO

21 Invest has signed an agreement to acquire a majority stake in Kali Environnement, replacing Turenne Emergence, which is exiting its position after a first investment cycle initiated in 2021. Kali Environnement is a French environmental consulting and regulatory compliance platform that specializes in supporting industrial companies with their compliance obligations. Since the primary management buyout (MBO) in 2021, the company has experienced strong growth, with revenues more than doubling due to a combination of organic growth driven by increasingly stringent environmental regulations and an active external growth strategy that has enabled the completion of three targeted acquisitions

Triton Partners is acquiring the Bureau Veritas Oil & Petrochemicals and Coal testing and inspection businesses (BVF) following an exclusive negotiation process announced in June 2026. BVF operates as a global provider of fuel and petrochemical testing, inspection and certification services, maintaining 320 sites in 45 countries and serving over 8,000 clients. The acquisition follows a period of strategic growth for BVF, which expanded its capabilities through acquisitions of Inspectorate, Maxxam Analytics and Analysts, Inc

CVC Strategic Opportunities, CVC Capital Partners’ long-duration investment platform, has announced a strategic partnership with Gaming Laboratories International (GLI), representing the company’s first external investment partner. The transaction is intended to support GLI’s next phase of development while preserving its operational independence, leadership team and long-standing company culture. The investment reflects CVC’s strategy of partnering with established businesses that have strong market positions, specialised expertise and long-term growth opportunities

EQT has reached an agreement to acquire Intertek, a UK-based FTSE 100 company specializing in testing, inspection, and certification services, in an all-cash deal. The transaction values Intertek at £61.08 per share, including a dividend. This deal comes after months of negotiations between the two parties, during which EQT submitted multiple offers, all of which were initially rejected by Intertek's board due to concerns that the valuation did not adequately reflect the company's growth prospects and asset quality

The acquisition of SynergenOG is a strategic move to enhance the capabilities of ABL Group's engineering subsidiary, Longitude, by fully internalizing process safety and technical risk management expertise. This acquisition marks a critical milestone in the buyer's integration journey, enabling it to offer energy operators a comprehensive suite of services that spans not only the architectural design of offshore facilities but also the thorough execution of regulatory hazard studies required for final regulatory approval

Bain Capital’s majority investment in FDH Aero represents an ownership transition timed to underwrite the target's next institutional growth phase, leveraging a highly fragmented global aerospace distribution landscape to execute large-scale cross-border M&A. Under Audax Private Equity's prior nine-year ownership cycle, the asset completed 12 bolt-on acquisitions and built a multi-continental footprint, shifting from a domestic supplier into a consolidated global logistics platform. The transaction structure includes a significant rolled equity stake from Audax alongside Bain Capital's new capital injection, providing balance sheet capacity to fund immediate inventory expansion and technology upgrades

Eurazeo, through its Infrastructure fund, has acquired a majority stake in Lauralu as part of a growth-oriented transaction that brings in a new institutional investor alongside the company's management and historical shareholders. The deal is structured as a development investment, accompanied by the partial exit of Evolem, a long-standing investor in Lauralu, and the support of several financial partners from the French ecosystem, including Origine Partners, Croissance Sud, Sofilaro, and IRDI. This recapitalization aims to strengthen the company's financing capabilities while ensuring managerial continuity

Apave Group has announced an agreement to acquire GEI Group, a Singapore-based leader in industrial inspection and testing services. This transaction represents Apave's 32nd acquisition in less than six years and is a key strategic move aligned with its 'AMPLIFY 2030' strategic plan, which aims to establish the company as a global leader in the Testing, Inspection, and Certification (TIC) sector. The acquisition is designed to significantly strengthen Apave's geographical footprint in Southeast Asia, a region targeted for high growth

Eiffage, through its subsidiary Eiffage Énergie Systèmes, has entered into a definitive agreement to acquire Hand & Werk, marking a highly strategic inorganic growth transaction engineered to accelerate its footprint across the German data center market. This transaction significantly strengthens the group's positioning within a high-visibility, high-growth segment, which has been established as a core strategic development pillar for the division. The core investment thesis behind this business combination centers on leveraging Hand & Werk's technical expertise and proven track record in the engineering and deployment of mission-critical projects

Altor, through its investment vehicle Altor Fund VI, acquires a majority stake in Sertion, with entrepreneurs and management reinvesting meaningfully and remaining key owners. The transaction is expected to accelerate Sertion's next phase of growth across existing markets and into new geographies, leveraging Altor's expertise and resources to support the company's expansion. The partnership will enable Sertion to further strengthen its market position, driven by its strong local entrepreneurship and the advantages of scale