HYDRADYNE acquired by APPLIED TECHNICAL SERVICES (ATS)

The acquisition of the target by the group marks a definitive structural expansion into the Florida market. The strategic rationale for this transaction centers on a "geographic-extension" play, merging the target's industry-leading technical operational depth in value-added processing with the group’s extensive North American distribution infrastructure. This fusion effectively creates a specialized powerhouse in the regional metals arena, providing the organization with the scientific talent and high-performance equipment required to address the increasing complexity of industrial and construction supply chains

Gimv has partnered with the management team of Tibbloc to accelerate the company's growth within the sustainable temporary energy market. This private equity investment / LBO aligns with Gimv’s core thesis of backing businesses driving the energy transition. As a premier specialist in mobile, temporary heating, cooling, and steam solutions, Tibbloc serves as a mission-critical partner for industrial players, commercial real estate, and municipal district heating networks requiring operational continuity

Sagard MidCap acquired a majority stake in Venpa to accelerate its development. Between 2021 (entry of QCapital) and 2024, the group underwent a massive scale-up, growing its revenue from EUR40M to approx. EUR100M and its EBITDA from EUR14M to EUR40M (Expected 2024). This deal highlights the successful consolidation of the Italian rental market.

The acquisition of VITAL S.p.A. marks a strategic expansion for the group’s operations in Southern Europe, specifically establishing a premier platform within the Italian C-parts market. This transaction incorporates a highly reputable distributor with a well-diversified industrial client base across the rail, machinery, and electrical sectors. The rationale for the move centers on building a significant regional footprint and increasing the overall service level for existing international customers operating in Italy

Riverspan Partners has finalized the acquisition of POLARIS Laboratories to support the organization’s next phase of technical innovation and geographic scaling. This transaction facilitates a strategic partnership with the existing management team, led by CEO Bryan Debshaw, and focuses on accelerating the group's growth trajectory within the predictive maintenance market. The strategic rationale for the acquisition centers on the development of cutting-edge solutions, including the launch of the proprietary HORIZON tools and the integration of advanced automation technologies across the laboratory network

The acquisition of Hartwell Environmental Corporation by DXP Enterprises is driven by a geographic expansion strategy, bolstering its presence in the Texas and Oklahoma markets through the integration of three new sites. This transaction, funded by equity, aims to consolidate DXP's position in the water and wastewater sector by enhancing its ability to meet client needs. DXP's acquisition strategy targets markets and corporate structures where it can add value, and the Hartwell acquisition aligns with this objective, enabling DXP to combine its technical offerings with Hartwell's expertise and local presence, resulting in an improved service portfolio for clients, with expanded coverage of five new markets and increased operational capabilities

The global safety science leader has successfully finalized the acquisition of a specialized German hydrogen testing leader, marking a definitive step in the group's decarbonization and alternative fuels strategy. This strategic transaction represents a significant enhancement of the organization’s technical operational depth in the high-growth hydrogen economy, specifically targeting the automotive and industrial energy sectors. The strategic rationale for the move centers on the acquirer's objective to provide integrated, end-to-end safety validation for hydrogen storage systems and refueling infrastructure

Alliance Automotive Group Benelux (AAGB) announced the acquisition of Eldis, a Belgian wholesale distributor specializing in mechanical and body-shop components for the automotive aftermarket. Founded in 1974 and headquartered in Ypres, the company serves a broad network of independent repair workshops and body shops throughout the Westhoek region. The transaction forms part of AAGB's acquisition strategy to strengthen its presence in Belgium and continue consolidating its operations across the Benelux region

Astorg has established a dedicated continuation vehicle to acquire absolute majority control of Normec from its previous fund, marking a major secondary leveraged buyout. Following a highly competitive process managed by premier investment banks, Astorg successfully secured exclusivity to lead this new phase alongside a syndicate of major global secondary investors—including CVC, Pantheon, Lexington, and Eurazeo—and the deeply reinvested management team led by Joep Bruins. To adequately capitalize this massive operation, the deal structure incorporates a substantial senior debt package (565M€ Term Loan B) syndicated by a consortium of global banking institutions, providing the optimal leverage required to support Normec's ongoing aggressive expansion strategy into North American markets

IK Partners, through its IK Small Cap III Fund, has signed an agreement to invest in Sansidor alongside existing shareholders HC Partners, the original founders, and the management team. This transaction marks a new phase of growth for the Group, which was originally created in 2018 through a series of acquisitions. The strategic rationale for the investment is to accelerate the Group’s active buy,and,build strategy within the highly fragmented European testing, inspection, and services market. Under the new ownership structure, the Group plans to further develop its internal M&A engine to drive market consolidation and increase cross,selling across its network of companies