GROUPE AUTAA acquired by GCA - GROUPE CHARLES ANDRE

Andera Acto has reunited with Groupe ADF to lead a strategic recapitalization, marking the exit of the incumbent minority investor, Abénex. This transaction structurally constitutes a minority leveraged buyout, allowing ADF to reorganize its cap table while ensuring its executive management retains absolute majority control. To finance this next expansion phase, ADF welcomes back Andera Acto as the lead investor providing a bespoke, heavily bond-based financial package (50M€ ticket). The consortium, which includes Fonds France Nucléaire and Société Générale Capital Partenaires, holds a combined 20% stake in the company. The overall capitalization is robustly completed by a comprehensive senior debt package (approx. 3x EBITDA) syndicated across multiple tranches, strictly engineered to aggressively fuel ADF's ambitious cross-border acquisition pipeline in North America and Central Europe.

Vulcain Ingenierie, a leading engineering consultancy specialized in the energy transition and life sciences, has launched a new growth cycle following a major LBO. A top-tier consortium led by Ardian, in partnership with Tikehau Capital and EMZ, has acquired the group from Equistone Partners Europe and Sagard. This transaction is further supported by Bpifrance, Amundi, and the Fonds France Nucléaire (managed by Siparex).

The global safety science leader has successfully finalized the acquisition of a specialized Spanish testing and certification body, marking a strategic expansion of its renewable energy capabilities in Europe. This transaction represents a definitive move to deepen technical operational depth in grid code compliance and grid simulation services, specifically targeting the high-growth sectors of inverter-based resources and electric vehicle adoption. The strategic rationale for the move centers on the acquirer's objective to support global energy transition goals by providing enhanced simulation and certification infrastructure for sustainable energy systems.

Evolver Fund I has successfully completed the sale of its majority interest in Inprocon AB to VINCI Energies, marking a significant exit for the Finnish private equity firm. Since the initial partnership, Inprocon has undergone a substantial transformation, evolving into a leading Swedish fire protection solutions provider through a proactive buy-and-build strategy. The strategic rationale for VINCI Energies lies in the significant strengthening of its Fire Protection Solutions Group within the Building Solutions Network. By integrating Inprocon’s specialized capabilities in sprinkler systems and fire tech engineering, VINCI Energies enhances its regional footprint across the Swedish market and expands its portfolio of multi-technical services. The transaction enables Inprocon to leverage the acquirer’s global resources and financial backing to enter its next phase of growth. This acquisition aligns with the broader industrial trend of consolidating mission-critical technical building services under global engineering platforms to better serve large-scale infrastructure and industrial clients.

SER Capital Partners acquired 100% of the outstanding shares of Charah Solutions, transitioning the company from a public listing to private ownership. The strategic rationale for the acquisition lies in aligning Charah’s essential environmental remediation services with SER’s specialized focus on sustainable industrial infrastructure. By taking the company private, SER aims to provide the necessary long-term capital and operational flexibility to execute complex, multi-year remediation projects for utility customers without the volatility of public markets. The transaction allows Charah to leverage SER’s deep expertise in renewable energy and environmental regulation to expand its footprint in the ash pond closure and site redevelopment sectors. This partnership is designed to strengthen Charah's position as a preferred sustainability partner for utilities facing increasing regulatory pressure to decommission legacy coal infrastructure and restore industrial sites for future green energy use.

Rexel is expanding in the Netherlands by acquiring Wasco, a leading HVAC distributor. With this acquisition, Rexel will double in size in the Netherlands, which will become the Group's fourth largest country.

The strategic rationale for this transformational acquisition is to significantly expand the Group’s B2B service range and establish a scaled operational platform in Continental Europe. Pirtek provides a high-quality infrastructure of service centers and mobile vans that Franchise Brands intends to use as a launchpad for its existing brands into new European markets. The transaction advances the board's goal of becoming a diversified international franchisor with balanced geographic revenue. To finance the deal, Franchise Brands utilized a combination of a £90 million equity placing, a £55 million term loan, and a £55 million revolving credit facility. The acquisition integrates a business with a 19% 5-year CAGR in underlying profits, providing immediate accretion to group earnings and strengthening its portfolio of mission-critical services.

Solomat Location acquired Termaloc from its founder Franck Feret to accelerate its territorial expansion. This marks Solomat's 8th acquisition since 2014, specifically targeting the Normandy region to complement its existing network in Burgundy, Centre, and Ile-de-France.

SNCF and DWS sold their 100% stake in Akiem to CDPQ. This landmark transaction in the rail sector follows the divestment of Ermewa and aims to position Akiem as a key platform for the decarbonization of transport in Europe by investing in new, sustainable locomotive fleets.

Element Materials Technology Group has acquired 100% of National Technical Systems (NTS) from the middle-market private equity firm Aurora Capital Partners. This transaction follows the acquisition of Element by Temasek earlier in 2020 and represents a major strategic move to consolidate the North American TIC market. Under Aurora’s ownership since 2019, NTS underwent an active add-on acquisition program that expanded its geographic breadth and service suite. The strategic rationale for Element is to gain immediate scale and complementary sector knowledge in the United States, particularly in the space, defense, and power sectors. By integrating NTS’s 29 laboratories, Element significantly enhances its "connected technologies" portfolio and its ability to serve more than 50,000 customers worldwide. To support the increased demand following the combination, Element announced plans to hire 1,000 new employees over the next two years.