SRV KALUSTO acquired by RAMIRENT

Speedy Hire acquired Lifterz. This acquisition was a cornerstone of Speedy's strategy to build a national powered access business, following the previous acquisitions of Prolift and Platform Sales & Hire. It significantly strengthened Speedy's presence in the North of England.

MISTRAS Group has acquired 100% of the stock of Onstream Pipeline Inspection Services from the Canadian private equity firm Novacap and other shareholders. The strategic rationale for the acquisition is to establish a "pipeline integrity pillar" within MISTRAS’ service portfolio. Onstream brings a fast-growing, highly profitable platform with a 4-year revenue CAGR of over 25%. The integration allows MISTRAS to leverage its extensive US customer relationships to accelerate Onstream’s expansion into the American market and the large-diameter midstream segment. Onstream’s management team, including its CEO and CTO, will remain with the business to drive future innovation and technological synergy with MISTRAS’ advanced NDT services.

Kiloutou acquired Michaud Location to reinforce its network in the Alpes-de-Haute-Provence and Var departments. This tactical acquisition integrated 3 branches and approx. 15 employees. It allowed Kiloutou to recover a loyal local customer base and a well-maintained fleet of about 300 machines.

MBO Partenaires led a primary MBO to support the group's management in a new growth phase. The operation aimed to accelerate geographical expansion and professionalize the group's structure. At the time of the deal, GLT was generating approx. EUR46M in revenue with a fleet of 500 vehicles.

Warburg Pincus has finalized the acquisition of Supplier Assessment Services from Capita plc. This strategic carve-out includes the prominent Constructionline and Acclaim portfolios, marking a significant entry for the private equity firm into the UK’s third-party risk management space. The investment thesis for the acquisition is based on the increasing criticality of supply chain risk management and the rising global requirements for stringent health, safety, and procurement standards. Warburg Pincus intends to leverage the target's existing platform and deep network to accelerate growth through product enhancement and expansion into new industry verticals. The partnership aims to capitalize on the success of the target’s multi-level accreditation products and its single-source accreditation model, which provides essential resilience to public and private sector customers. By transitioning from a corporate-owned division to a private equity-backed entity, the organization gains the financial flexibility and operational support required to scale its technology-enabled services both domestically and internationally. This transaction reflects the growing demand for mission-critical compliance solutions in highly regulated infrastructure and service industries.

Private equity firm Hg has entered into a definitive agreement to fully divest its equity stake in JLA to pan-European investment firm Cinven. The transaction, which remains subject to customary regulatory clearances, marks the culmination of a highly successful holding period and exit process for the selling sponsor. Exclusively advised by investment bank Baird on the corporate finance front, Hg successfully concludes an investment cycle defined by significant operational transformation, executed in close partnership with the management team led by CEO Stephen Baxter. For Hg, this realization explicitly validates the execution of an ambitious, hybrid value-creation playbook. Having initially identified the target as a "hidden champion" within its niche, the sponsor actively backed management to massively scale the corporate footprint. This transformational scale-up was driven by continuous organic product innovation into adjacent vertical markets, coupled with an aggressive buy-and-build consolidation program comprising numerous strategic bolt-on acquisitions. The incoming financial sponsor, Cinven, intends to firmly leverage this established operational momentum and the company's highly defensive business model to accelerate the next phase of expansion and cement its sector leadership.

Eurofins Scientific has signed a definitive agreement to acquire Covance Food Solutions from LabCorp (which originally acquired the business through its 2015 purchase of Covance). The strategic rationale for the acquisition is to enhance Eurofins’ footprint in North America, the UK, and Asia while adding a high-quality portfolio of food product testing and consulting services. Because the two organizations have complementary geographic reaches and service offerings, no restructuring is required. Instead, Eurofins expects to realize top-line synergies through cross-selling to each organization’s existing client base. This divestiture allows LabCorp to focus on its core mission of improving health and lives, while positioning Covance Food Solutions within a group dedicated specifically to global food quality and development.

HLD and Dentressangle acquired a majority stake in Kiloutou to support its transformation into a pan-European leader. Under PAI (2011-2017), the group doubled its size. The new shareholders' mission was to accelerate international growth (Poland, Spain, Germany, Italy) and technical specialization.

Eurofins Scientific has signed an agreement to acquire 100% of EAG Laboratories from the private equity firm Odyssey Investment Partners. This acquisition represents one of the three largest transactions in Eurofins' history and significantly accelerates its 2020 growth roadmap by adding a new, highly profitable business line in the US TIC market. The strategic rationale for the deal is the perfect geographic and service complementarity between the two groups. EAG reinforces Eurofins' global offering in the strategic biopharmaceutical and agrochemical markets while providing a dominant entry point into materials and engineering sciences. The acquisition is expected to be highly accretive, with analysts projecting a 13% boost to EPS by 2018. Eurofins maintains a healthy balance sheet following the deal, with a net debt/EBITDA ratio estimated at 1.48x, allowing for continued expansion. No restructuring or consolidation of the existing laboratory network is planned.

Omers acquired a majority stake in Trescal from Ardian (who had held the asset since 2013).Omers successfully pre-empted a formal auction process—which was expected to attract heavyweights like PAI, Wendel, and Cinven—by moving quickly and submitting a fully financed, binding offer after a limited due diligence period. This move allowed them to secure the asset before a bidding war commenced.