Transactions

Harbourfront Wealth Holdings, a leading Canadian independent wealth advisory and investment management firm, acquired Rothenberg Wealth Management.

ITQ Group, a major French player in electronic security technologies, acquired Exaqtworld.

Moog Luxembourg, a division of Moog Inc., a manufacturer of high-precision motion control products, was sold to AXXERON Technologies GmbH.

Powerfleet Inc. (NASDAQ: AIOT), a global telematics business, acquired Fleet Complete for US$200 million, creating a top three worldwide AIoT software-as-a-service organisation.

Grindrod Limited acquired the remaining 35% interest in the share capital of Terminal de Carvão da Matola (TCM) from Vitol Mauritius Limited, for a purchase consideration of USD 77 million (R1.36 billion).

Strutture Noleggio, a company active in the rental of prefabricated modules and containers, was sold to Tesya Group, a global leader in the provision of integrated B2B services and solutions across diverse sectors.

Grupo ADI, a multinational company and manufacturer and distributor of specialty chemicals, acquired a majority stake of World Elastomers Trade (WET), a company with over 25 years of experience in antifoaming agents, rubber, films, paper, and cardboard.

Dossche Mills, a Belgian producer of wheat flour and bakery ingredients, acquired Mühle Rüningen, a German producer of flour and grain-based products since 1312.

Fudura, a leading provider of energy infrastructure and metering services for the B2B market, acquired OptiVolt, a renowned Dutch specialist in power quality solutions.

Star Capital SGR S.p.A. sold its majority stake of GLM S.p.A., a world leader in automotive components, to Remus Holding GmbH, a first-tier supplier of exhaust systems for the automotive and motorcycle industry and the aftermarket.

Consillion, a leading cash management solution provider with a strong footprint in the ANZ and wider APAC region, was sold to Sesami, a global provider of intelligent cash management solutions, including devices and software.

The Unsworth Family acquired Aimia Foods Limited, a market-leading UK-based food and drink company with a turnover of GBP 120 million.

Mantero, a textile company, acquired 70% of Maglificio ITES, a white & private label Italian knitwear producer.

Takealot Online, the leading e-commerce retailer in South Africa, sold its subsidiary Superbalist to a consortium of private equity investors including Blank Canvas Capital and KLT.

Svalner Group, a tax and transaction advisory firm based in Sweden and Finland, formed a new premier group with Atlas Tax Lawyers, a leading Dutch tax advisory firm.

Trinity International Education, a subsidiary of Trinity ViaggiStudio Srl, a travel and study abroad vacations tour operator, acquired St. Andrews College Language Schools, a company specialising in summer camps and cultural programs.

Circles Group was sold to Optio Group, a leading global managing general agency (MGA) specialising in specialty insurance solutions, backed by Preservation Capital Partners.

BCOH was sold to Optio Group, a leading global managing general agency (MGA) specialising in specialty insurance solutions, backed by Preservation Capital Partners.

ITQ Group, a major French player in electronic security technologies, completed its first LBO with Kresk Développement.

BTH FAST, a distributor of engines and engine spare parts, was sold to DEUTZ AG, a German manufacturer of diesel engines, for various applications, including construction, agriculture, marine, and industrial use.