TERRA INSIGHTS acquired by ORICA

STid opened its capital to the private equity fund Capital Croissance through a capital increase to fund its ambitious international expansion plan. The management team retains control. The fresh capital aims to accelerate deployment in North America and the Middle East, and to support continued R&D investment in high-security architectures. This move comes as the company experiences strong double-digit growth.

The successful acquisition of Adimec by Teledyne Technologies signals a definitive tactical expansion of the group's high-performance camera capabilities. This transaction facilitates the integration of Adimec’s customized camera technology into Teledyne’s Digital Imaging segment, creating a more diversified portfolio of high-resolution sensing solutions. The strategic rationale for the move centers on the industrial synergy between Adimec’s expertise in truly accurate imaging for precise decision-making and Teledyne’s existing global leadership in X-ray and industrial imaging

The successful acquisition of PCTEL by Amphenol represents a definitive tactical expansion of the group's wireless technology and antenna capabilities. This transaction facilitates the integration of PCTEL’s specialized Industrial IoT and testing hardware into Amphenol’s broader communications division. The strategic rationale hinges on the fusion of PCTEL’s technical operational depth in wireless signal optimization with Amphenol’s global reach and massive industrialized manufacturing footprint

Iagona reorganized its capital in a secondary LBO led by IRD Invest. The deal allowed historical investors UI Investissement and IDF Capital to exit. Management, led by Pascal Hermandesse, retains a significant stake (approx. 1/3). The funding aims to support organic growth and strategic acquisitions in Europe to reach EUR100M in revenue.

The successful acquisition of Sentron by Millar signals a pivotal tactical expansion of the group's sensor development and manufacturing capabilities. This transaction facilitates the integration of Sentron’s specialized fabrication facilities in the Netherlands into Millar’s broader global operations, transforming the combined entity into a comprehensive "one-stop-shop" for sensor-enabled medical devices. The strategic rationale for the move centers on the fusion of Sentron’s expertise in pH and conductivity sensing with Millar’s established leadership in pressure sensor technology

HID Global completed the acquisition of approximately 98.5% of Evolis through a two-step process. First, HID acquired a majority block of 98.5% of the shares from the founding shareholders (Cedys & Vesta) and certain managers at a price of EUR43.75 per share. Following this block trade, HID launched a mandatory simplified tender offer for the remaining minority shares at the same price. Having surpassed the 90% ownership threshold, HID implemented a squeeze-out and delisted Evolis from Euronext Growth

Charterhouse successfully structured a massive continuation vehicle to acquire absolute majority control of Sagemcom from its tenth flagship fund, marking one of the largest single-asset GP-led transactions in Europe for 2023. Following an intensive competitive price-discovery process managed by Lazard, Charterhouse secured exclusivity to lead this new cycle alongside a powerhouse syndicate led by AlpInvest. To adequately capitalize this new phase, the transaction incorporates a sophisticated €775M "corporate hybrid" debt package (refinanced in 2022) provided by a consortium of 16 banks

KKR, through its Global Impact Fund II, has acquired a majority stake in CoolIT Systems, with Mubadala Investment Company joining as a significant co-investor. While the specific financial terms of the 2023 entry were not publicly disclosed at the time, later reports indicated a valuation in the region of $270 million. Steve Walton, CEO of CoolIT, and the existing management team remained in place to lead the company’s expansion. The strategic rationale for the acquisition is to scale CoolIT’s best-in-class liquid cooling technology to meet the exploding demand for energy-efficient data centers driven by AI

In a "sponsor-to-sponsor" transaction, LBO France sells its majority stake in Passman to Siparex ETI. Interestingly, this marks a "return" for Siparex, which was already a shareholder of Passman between 2010 and 2019 before selling to LBO France. Andera Partners (Acto), present since 2014, reinvests alongside the founders. This new LBO aims to support the group's international growth and the deployment of its new energy efficiency solution, "Pass Energy".

The successful acquisition of Peak Sensors by SDI Group signals a definitive tactical expansion of the group's presence within the industrial thermal monitoring market. This transaction facilitates the integration of Peak Sensors’ specialized high-temperature hardware into SDI Group’s broader Sensors & Controls division, creating a more diversified portfolio of industrial sensing solutions. The strategic rationale for the move centers on the industrial synergy between Peak Sensors’ expertise in custom thermocouple engineering and SDI Group’s established international distribution network and financial resources