SENS-TECH acquired by DISCOVERIE GROUP

TE Connectivity Ltd. has completed the public takeover of First Sensor AG, acquiring a 71.87% majority stake from DPE Deutsche Private Equity, funds managed by Teslin Capital Management, and other shareholders. The transaction followed a voluntary public tender offer at a cash consideration of €28.25 per share. The strategic rationale for the acquisition is to combine First Sensor's expertise in photonics, pressure sensors, and microelectronic packaging with TE’s global connectivity and sensing portfolio

Glory acquired 80% of Acrelec's capital for an investment of approximately EUR200 million (on a cash-free, debt-free basis). The deal provides a full exit for the financial investors (Credit Agricole's entities: Idia, Socadif, Brie Picardie Expansion) who had entered in 2016 to fund the acquisition of US-based Hyperactive Technologies. The founders sold a large portion of their shares but reinvested to retain a 20% minority stake and continue leading the company.

The merger between Nanometrics and Rudolph Technologies has established Onto Innovation Inc., a strategic maneuver designed to fundamentally expand the combined group’s footprint across the global semiconductor value chain. The strategic rationale for this transaction centers on a "complementary-platform" play, merging the first entity's technical operational depth in front-end optical metrology with the second entity's established leadership in back-end defect inspection and advanced packaging lithography

discoverIE Group plc has acquired 100% of the US-based company Hobart Electronics as part of a dual acquisition strategy that also included the British firm Positek. The strategic rationale for the acquisition is to strengthen discoverIE’s Design & Manufacturing (D&M) division and expand its geographic reach in the North American market. Hobart’s expertise in custom magnetic components perfectly aligns with discoverIE’s focus on high-margin, application-specific electronics for industrial sectors

DiscoverIE Group plc has acquired 100% of the UK-based company Positek. The strategic rationale for the acquisition is to strengthen discoverIE’s portfolio of high-precision sensors and expand its reach into international markets requiring ruggedized electronics. By integrating Positek, discoverIE gains access to specialized sensor technologies and expertise while offering the target access to its broader customer base and cross-selling opportunities. The group intends to leverage its international sales network to accelerate Positek's growth and benefit from the efficiencies provided by its manufacturing capabilities

Following a secondary leveraged buyout (LBO) transaction, Passman has come under the control of LBO France, a leading private equity firm. The investment was made through LBO France's Small Cap Opportunities vehicle, which has acquired a majority stake in the company. The founders will retain a significant stake in the business and continue to be involved in its operational management, ensuring continuity in the company's leadership. Historically focused on the hospitality sector, Passman has successfully expanded its offerings to other environments, including campsites, healthcare facilities, and shopping centers

The Carlyle Group has announced the acquisition of a majority stake in HGH Systèmes Infrarouges through its Carlyle Europe Technology Partners III fund, as part of a structured control transaction. This move is part of a broader strategy to strengthen the fund's position in high-value-added electro-optical and infrared technologies. Beyond the transaction's structuring, the partnership aims to accelerate HGH's international growth by leveraging Carlyle's investment capabilities and industrial network

LBO France has entered into a definitive agreement to acquire Crouzet from InnoVista Sensors (formerly Custom & Sensors Technologies). This operation marks a further reduction in the perimeter of InnoVista Sensors, which is controlled by PAI Partners and Carlyle. The transaction is structured as a leveraged buyout, with the financing supported by an unitranche facility provided by Apollo and BlueBay. Crouzet, which has been under the management of David Aragon for approximately eighteen months, is being carved out to become a standalone entity

Charterhouse has successfully completed the acquisition of a 70% majority stake in Sagemcom from The Carlyle Group, marking a significant secondary leveraged buyout in the European technology sector. This transaction allows Sagemcom to embark on a new growth cycle focused on the proliferation of connected devices and the global transition to smart utility infrastructure. Following a period of tracking the asset for several years, Charterhouse secured exclusivity to partner with the existing management team, led by Patrick Sevian

Private equity firm HgCapital has successfully completed the divestiture of SimonsVoss Technologies GmbH to Ireland-headquartered, NYSE-listed Allegion plc (NYSE: ALLE), a premier global provider of security products and solutions. Exclusively advised by investment bank Robert W. Baird and legal counsel Linklaters LLP, the financial sponsor officially exits a highly transformative holding period that began in 2010. The buyout has received all necessary regulatory clearances and was executed through Allegion's Luxembourg-based holding and financing subsidiary