SPIRENT COMMUNICATIONS acquired by KEYSIGHT TECHNOLOGIES

Rivean Capital has acquired 100% of Engelmann Sensor from Deutsche Private Equity (DPE). The management team will remain invested in the business. The strategic rationale for the exit follows a five-year period under DPE ownership during which Engelmann more than doubled its EBITDA and significantly expanded its international footprint into markets like Canada and the UAE. For Rivean, the acquisition provides a platform to capitalize on the digitalization of the building technology sector. The deal is structured to leverage Engelmann’s high-margin hardware base to upsell software-as-a-service (SaaS) solutions for consumption data management

The founding family of Poggipolini signed an agreement to repurchase the minority stake (approx. 28.6%) held by a Club Deal organized by Cherry Bay Capital since 2020. This "Club Deal" brought together about thirty prominent industrial entrepreneurs who provided capital and strategic guidance to transform the company. During their five-year tenure, the investors supported a massive scaling of the business, which grew from EUR14 million in revenue in 2020 to a projected EUR57 million in 2025. This growth was fueled by organic expansion into the Space/Defense sectors and two key acquisitions: Aviomec in Italy and Houston Precision Fasteners (HPF) in the USA

Nexans signed an agreement to acquire 100% of Electro Cables Inc. to strengthen its "PWR-Connect" segment in Canada. This acquisition is highly complementary to Nexans' existing Canadian portfolio, providing access to specialized low-voltage markets and high-growth infrastructure segments (EV transport, data centers). The deal is expected to be EPS accretive from Year 1. Nexans plans to deploy its "SHIFT" performance program to unlock significant operational synergies and optimize the local supply chain

Smiths Group plc has agreed to sell 100% of Smiths Interconnect to Molex Electronic Technologies Holdings. The transaction, expected to close in the second half of fiscal year 2026, is a key pillar of the strategic plan announced in January 2025 to refocus Smiths Group as a high-performance industrial engineering company. The strategic rationale for the deal is twofold: for Smiths Group, it unlocks significant inherent value and provides cash to enhance shareholder returns via buybacks and dividends

This transaction represents a strategic corporate acquisition wherein Knorr-Bremse agrees to fully acquire duagon Group. The operation effectively facilitates a complete exit for the historical private equity sponsor, Deutsche Beteiligungs AG (DBAG), from the target's capital structure. Financed entirely through the acquirer's available liquidity and existing credit lines, the deal also includes a potential performance-based earn-out component. The primary strategic rationale underpinning this consolidation is to highly complement Knorr-Bremse's existing safety electronics division with duagon Group's specialized rail signaling technology

Mirion has entered into a definitive agreement to acquire Paragon Energy Solutions from Windjammer Capital Investors in a 100% buyout transaction executed on a cash-free, debt-free basis. The transaction is fully supported by a committed bridge facility, with permanent financing anticipated to be structured through a strategic combination of equity, debt, or equity-linked instruments to optimize the pro-forma balance sheet. The acquisition significantly enhances Mirion’s exposure to the "nuclear renaissance

Apollo Global Management has entered into a definitive agreement to acquire a controlling majority stake in Kelvion from Triton Partners, executing a high-profile corporate buyout within the European industrial technology sector. The transaction is structured via a share purchase agreement that allows Triton Partners to maintain an active, non-controlling minority equity interest alongside Apollo. To ensure seamless operational continuity and execution, the governance framework dictates that Kelvion’s long-standing executive management team, led by CEO Andy Blandford, will remain embedded at the helm of the organization

AMETEK completed the acquisition of FARO Technologies in a strategic move to significantly bolster its position in 3D metrology, laser scanning, and digital reality technologies, markets driven by growing demand for industrial automation and production process digitalization. Following the transaction, FARO joined AMETEK's Ultra Precision Technologies division alongside Creaform and Virtek, creating one of the most comprehensive portfolios in the industry for 3D measurement, industrial inspection, laser projection, and digital data capture

DXP Enterprises has successfully finalized the acquisition of 100% of the common stock of Moores Pump & Services, marking a definitive expansion of its rotating equipment division within the United States Gulf Coast. This strategic transaction integrates a high-performing regional leader into the "One DXP" framework, specifically targeting the industrial heartlands of Louisiana and the broader offshore and onshore energy corridors. The strategic rationale for the move centers on the high degree of technical complementarity between the target’s specialized fabrication expertise and the group’s existing dominant position in industrial distribution and pumping solutions

Femto Technologies S.p.A. has entered into separate, definitive share purchase agreements to acquire an initial 50.1% controlling majority stake in Prima Industrie S.p.A., launching a strategic public-to-private transaction. The initial block acquisition was structured as an all-cash transaction priced at a fixed baseline of €25.00 per share. The closing of this initial phase was bound by standard institutional conditions precedent, including multi-jurisdictional foreign direct investment (FDI) clearance, European antitrust approvals, and secured debt funding confirmations