GEOCOMP acquired by SIWIS

The acquisition of Dekra Rail by Apave's subsidiary Certifer marks a significant step in Apave's growth strategy in the rail sector. This external growth operation allows Apave to consolidate its expertise in the transportation and mobility sector, a key axis of development for the company. By integrating Dekra Rail's laboratory testing, material inspection, and certification services, Certifer enriches its portfolio of services and reinforces its position in the rail industry. The acquisition enables Apave to respond to the challenges of interoperability, digitalization, and decarbonization, supporting the development of sustainable mobility

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

Montagu has entered into an agreement to acquire a majority stake in DQS from a consortium of shareholders, including German professional organizations, industry associations, and US-based UL Solutions. Following the transaction, DIN, a historical shareholder since DQS' founding in 1985, will retain a significant stake and partner with Montagu to drive the company's future growth. This investment aligns with Montagu's strategy of backing market-leading businesses that provide critical services in regulated sectors

The global safety science leader has signed a definitive agreement to acquire the electrical and electronics testing business of Eurofins Scientific, a French life sciences laboratory group. This strategic transaction represents a definitive portfolio pruning for the seller, marking a structural exit from the technical industrial testing space to concentrate resources on its core bio-analytical segments. The strategic rationale for the move centers on the acquirer's objective to broaden its technical operational depth in the high-growth electronics compliance market while achieving significant geographic densification in North America and Asia

Montyon Capital has finalized the acquisition of a majority stake in Trigo from Ardian, a maneuver designed to fundamentally accelerate the group’s transformation into a multi-sector leader in industrial quality assurance. The strategic rationale for this transaction centers on a "sectoral-diversification" play, merging the target's industry-leading technical operational depth in automotive quality control with a definitive push into the high-growth aerospace and defense verticals. This structural alignment provides the organization with the institutional capital and strategic flexibility required to pursue an innovation-led expansion roadmap

Kiloutou has once again successfully expanded its European footprint through the acquisition of 100% of the shares in KDM Hire, marking its first entry into the Irish market. This strategic move represents the group's tenth acquisition within a fifteen-month window, underscoring an aggressive international consolidation strategy led by Olivier Colleau. Previously owned by its founders and management team, the Irish entity operates across both Northern Ireland and the Republic of Ireland, serving a diverse clientele including construction majors, pharmaceutical companies, and event organizers

Bureau Veritas has signed a definitive agreement to acquire 100% of LotusWorks. This transaction marks a major step in the implementation of the Group’s strategy, significantly strengthening its leadership in the fast-growing data center and semiconductor market segments. The strategic rationale centers on creating a new service platform for mission-critical assets, combining Bureau Veritas' global network with LotusWorks' technical "know-how" in commissioning and validation. This platform is expected to represent approximately 15% of the Building & Infrastructure division upon closing

CERTANIA Holding GmbH has completed the acquisition of ICA Group from CEPS PLC and other shareholders. The acquisition was structured with an upfront payment and a contingent earn,out payment for certain shareholders, though the primary corporate seller received full consideration for its equity ownership upon completion to ensure a fully de-risked exit. This transaction strengthens the acquirer's Buildings and Infrastructure segment in the United Kingdom and Ireland, complementing existing portfolio companies such as BB7 and Clarke Banks

Chequers Capital, in partnership with management, has acquired Groupe Aserti from Parquest Capital in a fourth LBO transaction. Negotiated on a bilateral basis without an auction, the deal ensures continuity under CEO Pierre Brisset, who took over in 2020 after founder Jean-Louis Gaertner retired. Financing includes senior debt from a pool led by CIC Ouest alongside Crédit Agricole du Morbihan, Caisse d’Epargne Bretagne Pays de Loire, and Arkéa, plus mezzanine debt from CIC Private Debt. The transaction transfers a platform of over 380 employees, 28 facilities in France and Germany, and 10,000 active industrial clients

Grafton Group PLC has agreed to acquire the entire share capital of the Spanish Mercaluz Group. This transaction follows Grafton's recent entry into the region via the acquisition of Salvador Escoda, effectively creating an Iberian HVAC powerhouse with combined annualized sales of c. €400 million. The strategic rationale for the deal is the integration of a high-growth, high-margin distributor that utilizes a hub-based delivery model, offering distinct operational synergies with Grafton's traditional branch-based networks