INVESTCORP takes majority stake in SMART MANAGED SOLUTIONS

Charterhouse Capital Partners has announced the acquisition of a majority stake in Batibig, a French provider of building maintenance, renovation and technical services. The transaction represents a new phase in Batibig’s development following several years of sustained growth driven by the integration of numerous specialised building services companies across France. The investment reflects Charterhouse’s strategy of supporting businesses operating in fragmented markets with significant consolidation potential

Cap Vert has completed its fifth leveraged buyout (LBO) with the entry of Gimv as the new majority shareholder, replacing Ambienta, alongside President Eric Girot, the management team, and employees who are reinvesting in the transaction. The sale process, led by Amala Partners, generated significant market interest, with multiple indicative offers and a second round that included only private equity funds. This transaction aims to support a new phase of development focused on accelerating organic growth, strengthening the group's technical expertise, and pursuing an active external growth strategy

Loomis AB has agreed to acquire a controlling stake in Hermes Transportes Blindados, marking Loomis's strategic entry into the Peruvian market. This transaction represents the largest acquisition in Loomis's history, underscoring its commitment to expanding its footprint in Latin America, which the company has identified as a priority region for external growth. The rationale for the acquisition is heavily based on the attractive characteristics of the Peruvian market, which exhibits one of the fastest economic growth rates in the region, a stable macroeconomic environment, and a high prevalence of cash usage

Initiative & Finance, through its midmarket "tomorrow" fund, has completed the acquisition of a majority stake in Airess, a prominent French specialist in fire safety systems. The transaction was highly preemptive, with Initiative & Finance submitting a decisive offer just three weeks into the sale process, which was managed by Edmond de Rothschild, securing the asset ahead of other interested financial sponsors. The seller, private equity firm Trajan, exited its investment after a successful and rapid two-year holding period during which its strategic objectives for the company were fully achieved, including significant operational structuring through the implementation of a new ERP system and the recruitment of a CFO

ISS (International Service System) has announced the signing of a definitive agreement to acquire Tomagruppen, a Norwegian integrated facility management services provider. The transaction supports ISS’s growth strategy in the Nordic region and strengthens its position in a market increasingly driven by demand for comprehensive building management, technical services and workplace solutions. The acquisition represents a strategic step for ISS in Norway, complementing its existing presence across the Nordic markets, particularly in Sweden and Denmark

Eurazeo has finalized a definitive agreement to acquire a majority stake in the target organization from its previous financial sponsor, Ardian. This strategic transaction marks a significant milestone in the group’s expansion, as the founding family reinvests substantially to accelerate the entity’s development as a global market leader. The strategic rationale for the move centers on the high degree of resilience and fragmentation in the critical maintenance sector, which offers extensive opportunities for consolidation and international growth

Astorg has reached an agreement to acquire a majority stake in Barkene from Montefiore Investment, marking the ninth investment from its €1.3 billion mid-cap fund. Barkene’s founder will continue to lead the group during this new phase of institutional ownership. The strategic rationale for the acquisition is focused on accelerating Barkene’s "buy-and-build" engine in a market that remains highly atomized. Under Montefiore’s ownership, Barkene successfully integrated 16 acquisitions, growing its revenue to over €110 million by 2025

TSG Group acquired Tepu Holding to significantly bolster its subsidiary, TSG Switzerland. This transaction is part of an aggressive buy-and-build strategy, marking the group’s 45th acquisition in four years. The deal allows TSG to nearly double its Swiss workforce (increasing from 105 to 200 employees) and adds €40 Million in annual revenue. Strategically, the acquisition integrates key expertise in medium-voltage and photovoltaic systems, which are essential for delivering "turnkey" electric charging hubs that incorporate local energy production and management

CapVest has acquired a controlling stake in TSG from HLD. The transaction values the company at EUR1.8 billion. HLD, which acquired the business in 2020, will retain a 30% minority stake to benefit from future growth. The management team is also reinvesting significantly. The deal structure involves a "portable" debt package of EUR750 million (Term Loan B) which remains in place, speeding up execution. PAI Partners and CVC were also bidders in the process.

Halma plc has acquired the entire share capital of Safetec S.r.l. from the founding Stumpo and Modoni families. The transaction involves a full cash consideration. Safetec will continue to operate as a standalone company within Halma's Safety sector, retaining its current management team led by CEO Marco Stumpo. This acquisition enhances Halma's capabilities in fire and gas detection for complex industrial environments and expands its geographical footprint in the Middle East and Africa energy sectors