FASCAN INTERNATIONAL acquired by FASSI GROUP

Private equity firm Crédit Mutuel Equity has acquired a minority equity stake in Onelec. The primary objective of the transaction is to facilitate a comprehensive shareholder restructuring around founder Alain Bahuon, who is rolling over his equity to retain a majority stake and his role as President. Concurrently, the core management team, led by CEO Jean-Christophe Urtado and CFO Jérémy Pialat, is significantly increasing its equity participation, bringing their combined ownership to approximately 40%

The take-private acquisition of Kitwave Group by One Equity Partners signifies a definitive shift toward industrialized scaling in the UK food and beverage wholesale sector. The strategic logic of this transaction hinges on a "logistical-consolidation" maneuver, merging the target’s extensive regional reach and multi-category product depth with the acquirer’s proven expertise in executing complex buy-and-build cycles. This structural alignment provides the organization with the institutional capital and strategic hardware necessary to aggressively pursue acquisitions in a market defined by high fragmentation

The exit of Diederichs’ historic founder concludes a multi-decade family ownership cycle, resolving the target's operational bottleneck where a lack of pan-European scale constrained its long-term purchasing leverage against consolidated buying groups. The combination provides Ital Express with an immediate 45 million euro operational footprint in Germany, scaling the platform's pro forma revenue run-rate to approximately 110 million euros while expanding its core product mix into high-margin collision categories

Groupe Bruneau continues its external growth strategy by acquiring OfficeEasy, a specialist in IT and telecom solutions. This acquisition allows Bruneau to significantly diversify its product offering beyond traditional office supplies into high-growth technical categories like videoconferencing and professional telephony. OfficeEasy will not be merged operationally but will join the group as an independent entity to preserve its agility. The deal aims to leverage cross-selling opportunities across Bruneau's vast SME client base while reinforcing its position as a one-stop-shop for the modern workplace

The acquisition of Creed Catering by Kitwave establishes a formidable logistical link between the Northern and Southern UK distribution channels. This strategic maneuver professionalizes the group's foodservice operations by integrating a high-heritage regional player that maintains deep-rooted institutional relationships in the healthcare and education sectors. By unifying these previously separate geographical territories, the organization constructs a seamless national delivery network optimized for significant procurement and back-office synergies

SPAR Group, Inc. agreed to be acquired by Highwire Capital in an all‑cash transaction structured as a take‑private merger, with Highwire relying on committed debt financing to support the transaction and with SPAR Group’s board and stockholders approving the arrangement before a scheduled closing in the fourth quarter of 2024. The strategic rationale centers on SPAR Group’s position as a large‑scale, technology‑enabled merchandising and in‑store execution platform. For Highwire, the asset offers a stable, recurring revenue base linked to retail and consumer brands, alongside opportunities to embed additional technology and analytics capabilities across its field operations

The acquisition of Sidexport represents a significant shift in ownership structure, transitioning from family governance to a pan-European platform, driven by the need for institutional integration to overcome operational constraints and enhance purchasing power. This transaction enables Ital Express to establish a substantial commercial presence in the highly fragmented Italian market, generating €30 million in revenue and positioning the company to achieve a pro forma revenue run-rate of over €100 million by 2025, while expanding into the high-margin vehicle body parts segment

The buyout of Ital Express by Naxicap Partners represents the transition of the commercial vehicle parts platform into its sixth institutional LBO cycle, following a successful five-year holding period by Capza that saw the target successfully double its revenue base to €65 million. This corporate spin-off and recapitalization allow the incoming majority sponsor to acquire a stake of over 50% in the holding company, structured alongside a substantial equity roll-over from the incumbent CEO Patrice Claverie and his executive management team to maintain operational continuity

Integrating Total Foodservice Solutions into the Kitwave Group infrastructure secures a dominant logistical foothold across the North West and Yorkshire catering landscapes. This maneuver specifically eliminates the geographic fragmentation between existing northern depots, establishing a contiguous service network for the region's high-stakes institutional clients. By unifying these high-heritage assets, the group achieves an immediate expansion of its multi-temperature product range, significantly bolstering its capacity to manage comprehensive supply contracts for schools and healthcare facilities

Johan i Hallen & Bergfalk (JHB) is a Nordic fresh protein distribution and processing platform serving the HoReCa sector, further strengthening its Food Service Distribution (FSD) capabilities through the acquisition of Fisk Idag, a Gothenburg-based seafood specialist. Since its integration into METRO AG in May 2023, JHB has operated as a regional consolidation infrastructure across Sweden and Finland, combining specialised distribution, integrated processing capabilities and a logistics footprint covering key Nordic metropolitan areas