UPERIO acquired by TOWERBROOK

Grafton Group has successfully finalized the acquisition of 100% of the share capital of the target, marking its first entry into the Finnish market and establishing a significant presence in the Nordic region. This strategic transaction represents a pivotal step in the acquirer's international development strategy, specifically targeting high-growth technical wholesale sectors with resilient defensive characteristics. The strategic rationale for the move centers on the acquisition of a high-quality platform that broadens the group’s market position into specialized segments such as personal protective equipment and professional tools

PAI Partners has finalized a strategic minority investment in Apave Group, marking the first time the organization has opened its capital to an outside institutional partner. GAPAVE, the historical association governing the group, remains the primary shareholder as it transitions toward a foundation structure. This transaction was notably concluded without immediate debt leverage at entry, reflecting a high-equity commitment to support long-term development. The investment thesis for the partnership is the acceleration of Apave’s 2025 development plan, aiming to position the entity among the top five global players in the TIC sector

Loxam acquired 100% of JM Trykluft to strengthen its Danish footprint, particularly in the western part of the country. This acquisition added 9 branches to Loxam's existing Danish network (bringing it to 36 branches at the time). The deal integrated 70 employees and a well-maintained fleet into the group's operations.

Loxam acquired 100% of Maskinslussen to densify its network in Sweden, specifically in the western part of the country. This acquisition added 3 branches to Loxam's existing Swedish operations. The deal allowed Loxam to integrate 35 employees and a high-quality fleet, strengthening its competitive position in the Swedish industrial heartland.

This strategic acquisition involves the full takeover of a premier global provider of assurance services from its previous private equity owner, Baring Private Equity Asia. The transaction is designed to significantly scale the acquirer's business assurance division, particularly within capital-light and high-margin segments that address the increasing corporate focus on risk-based quality assurance following global supply chain disruptions. The rationale for the move centers on achieving critical mass in key geographic markets, notably Australia, the United Kingdom, and North America, while accelerating growth in the Asian market

QCapital acquired a 42.5% stake in Venpa for EUR15 million. This primary LBO was designed to professionalize the family-owned business (Pege and Piovan families) and launch an aggressive "buy-and-build" strategy. Between 2021 and 2024, Venpa's revenue grew from EUR40M to EUR100M through multiple acquisitions (Nolotecnica, Torinoleggi, Loca Top).

SNCF sold its 100% stake in Ermewa to a consortium composed of CDPQ and DWS. This major infrastructure transaction allows the group to reduce the its debt.

Clayton, Dubilier & Rice has completed the acquisition of Wolseley UK from its former parent company, Ferguson plc (LSE: FERG). This strategic carve-out allows Ferguson to focus exclusively on its North American operations while providing Wolseley with the dedicated capital and operating capabilities needed to accelerate its growth in the UK market. The investment marks CD&R’s 12th industrial distribution investment in a decade, signaling a strong belief in Wolseley’s platform as an "inflection point" for operating improvements and future inorganic expansion

Ardian has announced the acquisition of a majority stake in GBA Group, partnering with the existing management team and Quadriga Capital. This transaction follows a period of significant growth under the previous ownership, during which the target successfully institutionalized its platform and expanded its geographic reach through targeted acquisitions. The strategic rationale for the new partnership is to further accelerate the target,s international buy,and,build strategy, leveraging the acquirer,s extensive network in the TIC sector

Nord Coffrage acquired Rentmat BTP to solidify its national presence. Following the acquisition of Gradel in 2019, this deal allowed the group to cross the EUR40M revenue milestone. Yann Vuillaumier, Rentmat's founder, reinvested significantly in the group and was appointed Managing Director to lead operations alongside its President.