GROUPE ERI acquired by ANDERA PARTNERS

ByggPartner has finalized the acquisition of 100% of the shares in Flodén Byggnads AB, a strategic move that establishes a robust operational base in the Western Swedish market. This transaction was executed concurrently with the integration of another regional leader, transforming the acquirer into a significantly larger industrial group with a diversified geographic footprint across Sweden. The strategic rationale for the move centers on reducing operational risk through geographic expansion and capturing synergies within group-wide areas such as digital transformation, sustainable wood construction, and centralized procurement

Per Aarsleff Holding has successfully finalized the acquisition of a majority stake in Trym Anlegg, a prominent Norwegian railway specialist, integrating the organization into the Aarsleff Rail Group. This strategic transaction represents a significant expansion of the group's footprint in the high-growth Norwegian infrastructure market, particularly within the central region. The acquisition is structured to include an initial majority interest, with a definitive path to full ownership by 2027 based on book value assessments

Colas has successfully finalized the acquisition of 100% of the shares of the target entity from a Finnish family investment firm, following definitive regulatory approvals. This transaction marks a structural entry into the Northern European market, a region characterized by resilient public spending and high demand for specialized infrastructure maintenance. The strategic rationale centers on expanding the group's multidisciplinary footprint in areas with high barriers to entry due to environmental and technical complexity

The investment organization has successfully finalized a strategic minority acquisition in the share capital of the target, acquiring a significant interest alongside the founding management and employees. This transaction represents a pivotal milestone in the group’s lifecycle, facilitating the exit of a long-term institutional partner after a decade of capital support. The strategic rationale for the move centers on the acquirer’s objective to support the target’s sustained organic expansion and its ambitious multi-technical infrastructure strategy across international markets

VINCI has entered into an agreement to acquire the energy business of Spanish group ACS, consolidated under Cobra IS, as part of a strategic move to bolster its position in the energy and infrastructure sectors. The transaction encompasses virtually all of ACS Industrial Services' energy contracting activities, as well as a portfolio of concession projects in development or under construction, and a platform for developing renewable energy projects. The scope of the acquisition includes electrical network and energy infrastructure projects primarily located in Southern Europe and Latin America

Hivest Capital Partners has acquired a majority stake in Face Group in a primary LBO transaction, marking the start of the company's transmission from its founders. The deal followed a competitive process involving both financial and industrial bidders. The Torres family, who founded and led the company since 1979, has decided to reinvest alongside the private equity firm, as have several subsidiary managers who were already shareholders. The transaction is supported by bank financing provided by Bred and Société Générale, which includes a dedicated CAPEX line to fund future external growth opportunities

Groupe SYLPA has successfully completed a new LBO through a sponsorless transaction. This deal enables founding president Pascal Fournet-Fayard, CEO Olivier Godefroy, and a management team of six executives to significantly increase their equity stake in the business. The transaction facilitates the exit of Apax Partners Development (formerly EPF IV), which had backed the company since its 2015 MBO. The management team is supported by Andera Partners, which provided financing through its mezzanine fund, ActoMezz

Goldbeck has successfully finalized the acquisition of 100% of the share capital of GSE, marking a significant milestone in the creation of a premier European leader in turnkey commercial construction. This strategic transaction involves the full exit of the previous private equity sponsor, TowerBrook Capital Partners, which facilitated the organization's rapid international expansion over the past decade. The strategic rationale for the move centers on the high degree of geographic and technical complementarity between the two organizations

Nazca Capital has successfully finalized the acquisition of 100% of the share capital of Terratest, a global leader in specialized ground engineering. This strategic transaction represents a significant milestone in the acquirer's strategy to back industrial platforms with high internationalization potential and a presence in mission-critical infrastructure sectors. The strategic rationale for the move centers on the high degree of growth forecasted in the global infrastructure market, driven by demographic shifts and the modernization of transport, energy, and water networks

AF Gruppen has successfully finalized the acquisition of a 70% majority stake in HMB Holding AB, integrating the entity into its Swedish subsidiary, AF Gruppen Sverige AB. This strategic transaction represents a significant milestone in the group’s "Strategy 2020," aimed at aggressively expanding its industrial footprint in the Swedish market. A key feature of the deal is the retention of a 30% equity stake by the target’s employees, ensuring continued alignment of interests and management continuity