Transactions

The private owners of Spitznas, a developer, manufacturer and distributor of pneumatic and hydraulic power tools and spare parts for pumps and motors, divested the company to an investment vehicle managed by ARCUS Capital AG.

Stuart Turner, the leading water pump and pressure solutions business, was sold to the private equity investor Lloyds Development Capital.

DS Data systems (UK) Ltd. sold a majority stake to Zucchetti spa, the leading Italian software group. DS Data Systems operates between the UK and Italy and is the developer and owner of KonaKart, a highly successful Java-based B2C and B2B e-commerce software product.

Bid Corporation of South Africa acquired a majority shareholding in Pier 7 Foods, based in Gröbenzell, Germany, securing entry into the lucrative German food service market.

Charm Health, Australia’s leading supplier of specialist oncology e-health systems,  was sold to The Citadel Group Limited, an ASX-listed technology company with around $260m market capitalization.

Groupe Nadia sold one of its subsidiaries, Prodont Holliger, one of the top three European manufacturers of dental instruments, mirrors, abrasives, waxes and models,  to Acteon, a world leader in dental equipment and imaging. Acteon is backed by Bridegepoint Capital.

Thytronic, a family-owned and managed manufacturer of protection, continuity and safety solutions, acquired a majority stake in iGrid.

Plascoat Systems, a leading thermoplastic powder coating manufacturer, was sold by International Process Technologies to Axalta Coating Systems, an international performance and transportation coatings manufacturer.

TASS International, global provider of simulation software and engineering and test services for the automotive industry, was acquired by German conglomerate Siemens.

The IOW Group of companies, leading distributor and service provider of mobile drivetrain systems, hydraulics, cooling systems, and filter technologies in Central and Eastern Europe, sold a majority stake to Axel Johnson International.

Clairfield provided strategic advice to the shareholders of Meatless on valuation, legal restructuring and execution.

Lighthouse IP, Dutch company with a renowned global customer base, specialized in sourcing, collecting and processing patenting and trademark data, attracted growth financing from FundIQ.

The financial advisory firm FAS AG and tax consulting firm WTS agreed on a merger wherein WTS will become the majority shareholder of FAS AG. FAS AG is an innovative provider of services in the areas of accounting, process consulting, corporate treasury, interim management, financial service advisory, and leasing.

Dormakaba Group, a provider of secure access systems for buildings and interiors, divested the activities of Dorma Beschlagtechnik, a manufacturer of premium door fittings, to Flacks Group, a private investment group based in Miami.

3Prime, a digital marketing agency focused on the healthcare sector, was sold to Aplus Finance and BPI France in a leveraged buyout transaction.

Jobinfo Kft is the leading Hungarian job aggregator service with over 300,000 members and over 24,000 jobs listed. TIts clients include the large job sites active in Hungary as well as over 500 direct advertisers.

GiftForYou, market leader in the Dutch market for experience gift boxes, was sold to French company Wonderbox.

New Amsterdam Cititrust, a Dutch trust company based in Amsterdam, was sold to JTC Group.

Stuart Turner Ltd, a domestic and commercial pump manufacturer, acquired The Total Water Solutions Company.

Bristow & Sutor, a leading debt collection agency based in the Midlands, was sold to Sovereign Capital.