Transactions

TSA Group, manufacturer of stainless equipment mainly for the food industry,  was sold to a new manager supported by three private equity funds: Capital Grand Est, Agro Invest and Caisse d’Epargne Alsace Capital Développement.

Veronagest sold a wind portfolio, comprising seven energy plants operating in Sicily and Calabria with aggregate installed capacity of 282 MW,  to F2i’s Secondo Fondo.

ATOP, a world leader in the manufacturing of automatic lines for the production of electric motors for various industrial and automotive applications including e-mobility, was sold to Charme Capital Partners SGR S.p.A. and IMA S.p.A.

Prestige Systems Ltd, an IT infrastructure specialist, was sold to Park Place Technologies, a leading provider of hardware maintenance and support.

Ersel Asset Management and the founders of the company sold the Sicme Motori to Orange1 Holding. Sicme Motori S.r.l. manufactures variable speed AC and DC motors and is one of the few players in the Italian market with advanced technological solutions for a large range of industrial applications.

Funds organized by Equity Partners, a Sydney-based private equity business, provided growth capital for 5.4, a leading provider of results-focused, home-delivered meal plans targeted at millennials.

B810 srl, an Italian company active in the engineering and production of electronic systems and advanced connecting devices (Internet of Things), acquired 100% of Digicom Spa, an Italian company specialized in the engineering and sales of special devices for data transmission and telecommunications.

Italglobal Partners sold a 70% stake in CMI, the leading producer of household appliance hinges, to Guangdong Xingye Investment LLC, the parent company of the listed Chinese group Guangdong SACA.

FirmenABC announced the sale of an 80% shareholding to Investnet AG, a Swiss private equity and investment group. FirmenABC is a full-service online marketing agency and market leader in cross-media advertising and promotions for small- and medium-sized businesses in Austria and Germany.

Sertip, a company specialized in screen-printing on plastics and in flat-working for industry, acquired Chimicolor, a manufacturer of metal plates.

Two Norwegian meal-box providers, Godtlevert and Adams Matkasse, joined forces, creating a combined entity large enough to thrive in the competitive food retail landscape.

A majority stake in Kuznia Ostrow Wielkopolski (KOW), a forge specializing in close-die and open-die forgings for the railway, construction and agricultural sectors, was sold to MSV Metal Studenka s.r.o., a portfolio company of Czech private-equity fund JET Investment.

René Laurent was sold to Frutarom by Thierry and Jean Louis Laurent, the company’s owners and managers, descendents of the Laurent family which founded the company in 1885.

Clairfield UK advised on the sale of M4 Systems, a leading Microsoft Gold Partner specialising in the development and support of bespoke CRM and ERP solutions. M4 Systems has offices in the UK as well as a software development team located in Central Belgrade, Serbia.

Clairfield UK advised the shareholders of New Reflexions on a multi-million-pound investment from Bridges Evergreen. New Reflexions is a specialist provider of dedicated care for young people with high acuity learning disability, challenging behavior and autism.

IMR Automotive S.p.A., a global manufacturer and supplier of exterior parts for the automotive and truck industry, acquired 81.25% of Industrialesud S.p.A., an Italian company active in the same industry.

Cristin Electro Erosion (CEE), a company specialized in high-precision technical parts for the aeronautics sector, was sold to Comptoir Général du Ressort (CGR). CGR,  specializing in cold forming spring manufacturing, is a privately-owned group with over EUR 160 million in sales.

TNO Companies, a subsidiary of TNO focusing on scientific knowledge, sold the majority of the shares to First Dutch Innovations, the innovation platform of entrepreneur Peter Goedvolk.

ImmersaView, an Australian software company with business in Australia, the US, and the UK, was sold to PLEXSYS, a US-based distributor of software to the defense sector.

The House of Fuerstenberg sold its subsidiary Holzindustrie Fürst zu Fürstenberg (wooden packaging business unit) to Industrial European Wood Products Holding GmbH. Holzindustrie Fürst zu Fürstenberg has been operating for some 100 years, evolving from a saw mill to an important manufacturer of wooden packaging for the automotive industry.