WASCO acquired by REXEL

Evolver Fund I has successfully completed the sale of its majority interest in Inprocon AB to VINCI Energies, marking a significant exit for the Finnish private equity firm. Since the initial partnership, Inprocon has undergone a substantial transformation, evolving into a leading Swedish fire protection solutions provider through a proactive buy-and-build strategy. The strategic rationale for VINCI Energies lies in the significant strengthening of its Fire Protection Solutions Group within the Building Solutions Network

SER Capital Partners acquired 100% of the outstanding shares of Charah Solutions, transitioning the company from a public listing to private ownership. The strategic rationale for the acquisition lies in aligning Charah’s essential environmental remediation services with SER’s specialized focus on sustainable industrial infrastructure. By taking the company private, SER aims to provide the necessary long-term capital and operational flexibility to execute complex, multi-year remediation projects for utility customers without the volatility of public markets

The strategic rationale for this transformational acquisition is to significantly expand the Group’s B2B service range and establish a scaled operational platform in Continental Europe. Pirtek provides a high-quality infrastructure of service centers and mobile vans that Franchise Brands intends to use as a launchpad for its existing brands into new European markets. The transaction advances the board's goal of becoming a diversified international franchisor with balanced geographic revenue. To finance the deal, Franchise Brands utilized a combination of a £90 million equity placing, a £55 million term loan, and a £55 million revolving credit facility

Solomat Location acquired Termaloc from its founder Franck Feret to accelerate its territorial expansion. This marks Solomat's 8th acquisition since 2014, specifically targeting the Normandy region to complement its existing network in Burgundy, Centre, and Ile-de-France.

SNCF and DWS sold their 100% stake in Akiem to CDPQ. This landmark transaction in the rail sector follows the divestment of Ermewa and aims to position Akiem as a key platform for the decarbonization of transport in Europe by investing in new, sustainable locomotive fleets.

Element Materials Technology Group has acquired 100% of National Technical Systems (NTS) from the middle-market private equity firm Aurora Capital Partners. This transaction follows the acquisition of Element by Temasek earlier in 2020 and represents a major strategic move to consolidate the North American TIC market. Under Aurora’s ownership since 2019, NTS underwent an active add-on acquisition program that expanded its geographic breadth and service suite. The strategic rationale for Element is to gain immediate scale and complementary sector knowledge in the United States, particularly in the space, defense, and power sectors

Baker Hughes has reached a definitive agreement to acquire the total share capital of a specialized asset integrity organization from a publicly-traded industrial services group. This strategic transaction represents a significant expansion of the acquirer's Digital Solutions segment, specifically enhancing its "Process & Pipeline Services" product line. The strategic rationale for the move centers on the acquirer's objective to broaden its technical operational depth in specialty inspection markets, targeting infrastructure segments that were historically unreachable by standard diagnostic tools

The acquisition of Phenna Group by Oakley Capital marks a decisive shift in the organization's trajectory, transitioning the group from a minority-held partnership under Inflexion to a majority-controlled industrial platform. The strategic rationale for this transaction centers on a "platform-acceleration" play, merging the target’s industry-leading technical operational depth in the TICC sector with the acquirer’s proven expertise in executing complex buy-and-build roadmaps. This structural alignment provides the organization with the institutional capital and strategic hardware required to address the increasing demand for specialized compliance and safety certification across global supply chains

ABL Group ASA has entered into an agreement to acquire 100% of Add Energy Group, an international energy and engineering consultancy specializing in asset integrity management, well engineering, and operational (OPEX) optimisation services for the offshore energy sector. The transaction strengthens ABL Group’s positioning across the full lifecycle of energy assets by increasing its exposure to operations, maintenance, and life-extension activities, complementing its traditional focus on capex-driven field development

LoxamHune acquired Arteixo Maquinaria to consolidate its leadership in the Spanish market. This tactical acquisition allows Loxam to cover the Galician "white spot" in its national network. By integrating 50 employees and two strategic branches, LoxamHune strengthens its proximity service in a major industrial and logistics hub of Spain.