Transactions

Codecool, one of the top programming schools in the CEE region, received investment capital of over EUR 7 million from Integral Venture Partners.

USHIP SAS, the leading retail/franchise distributor of leisure marine equipment in France, Italy, and Spain, owned by Intuitis Investisseurs Privés since 2012, was sold to its management, Ouest Croissance, Unexo, and BNP Paribas Développement.

Daltco Electric & Supply (1979) Ltd., an independent electrical, lighting, and automation distributor, was sold to Deschenes Group Inc., a private familyowned Canadian wholesale distributor.

Azalp, a pure e-commerce player of gardening products such as sheds and tools, was partly acquired by new management.

Clairfield Belgium provided debt advisory services to the shareholders Brewery Martens. Brouwerij Martens was founded in 1758 and is the second largest brewery in Belgium engaged in the development, production, distribution and sale of private label beer as well as their own beer brands.

The shareholders of Delta Service Location, an industrial equipment rental company, sold their shares to private equity investors and management in an LMBO transaction.

NCI, a French private equity fund, acquired Sopano, a manufacturer of adhesives, labels, and paper rolls.

Ottobock sold select assets in Freedom Innovations Inc. to Proteor, a France-based international group specialized in prosthetic and orthotic solutions.

Supercharge, a digital transformation company based in Hungary, signed an agreement for the sale of a majority stake to Siili Solutions (HEL: SIILI), a publicly-listed IT consultancy based in Finland.

CloudAlly, a cloud‐based backup service provider, was sold to Zix Corporation, a leading provider of cloud email security and compliance solutions.

Asolvi, Europe’s leading provider of field service and contract management software, agreed to acquire TIVAPP, the leading German field service solution for the fire protection and security sector.

Electro-Kut, a Canadian company specialized in the manufacture of complex products for the aerospace sector, was sold to DCM Group.

Clairfield International successfully supported Inclusio as financial advisor and fairness opinion provider in its IPO preparation process.

Everton S.p.A., an Italian food & beverage company, sold a majority stake to Cronos Capital Partners and other private investors.

BSE Maritime Solutions, a ship repair provider, was sold to Austal Limited.

Sicer S.p.A., a world leader in the design, production, and distribution of special chemical products for the glazing and decoration of ceramic tiles, reached an agreement for a 65% sale to Azimut Libera Impresa SGR (ALI), owned by the private equity fund Demos.

Diapason (formerly MCC Soft), a French treasury management software company, was bought by Apax Partners Development through an LBO transaction.

Geomatikk is a tech-enabled services champion, managing critical “checkbefore-you-dig” safety assessments to network owners, contractors and consulting engineers in Norway, Sweden, and Finland.

Gas Applications & Services, a gas detection specialist, was sold to Alertis, the market leader in the Belgian fire safety and security market.

REPOLY, a specialist manufacturer of technical & customized compounds in recycled polypropylene, was sold to Infinex, a group of companies focused on plastics processing, in particular extrusion-based processes.