Transactions - Business services

CER Cargo Holding, a leading privately-owned rail freight cargo company, raised EUR 6.3 million from Széchenyi Funds, a state‐owned private equity fund.

Green Fox Academy, Budapest‐based bootcamp offering new education products for the tech‐driven labor market, raised fund from Impact Ventures, Hungarian investment fund with focus on social innovation.

Confirma Software AB, backed by US private equity firm Abry Partners, acquired DataVara AB, a leading Swedish provider of payroll systems and services for the SME segment.

Frigo ‘s-Heerenberg, a Dutch cold store company providing temperature-controlled storage of food products, was sold to PE backed Lineage Logistics.

Sanaga Group (EDEA), a specialist in outdoor landscaping in complex environments, acquired DecoJardins and KaRenoc.

Cloudstaff Modern Workforce, a leading global cloud-based workforce provider, raised USD 20 million in Series B funds from Philippines-focused private equity firm Navegar. Cloudstaff is incorporated in Australia and based in the Philippines.

Korus, a French interior design and construction services company, acquired Le Bureau Contemporain.

The management team of Transports Murie acquired the company in a management buyout.

Nets Group acquired PeP, a leading merchant acquirer in Poland with an installed base of more than 125,000 point-of-sales terminals, offering a broad set of payment solutions focused on the attractive SME segment. The transaction values PeP’s enterprise value at EUR 405 million.

Jetex, an award-winning global leader in executive aviation, took strategic ownership of JEM Aviation, a fixed base operator providing services to airlines in based in Marseille.

Adelis Equity, a private-equity firm focused on the Nordic middle market, acquired all the affiliated offices of Säkra AB, thus forming a leading brokerage firm with a focus on property & casualty insurance, life insurance, pensions, and savings.

Clairfield advised management and led the transaction in the MBO of Nationwide Hire Ltd. Management were backed by private equity firm Livingbridge with acquisition finance and working capital provided by Clydesdale & Yorkshire Bank.

Nova Engineering and Environmental, an industry leader providing environmental consulting, geotechnical engineering, construction materials testing and inspections, and related consulting services, was sold to Watkins Associated Industries.

Italpol Group, a leading Italian provider of security services in Friuli Venezia Giulia (northern Italy), sold its operational business unit to Mondialpol Group.

CAPZA, a leading private equity player, partnered with the management team of Ital Express for the acquisition of the company through an LBO transaction.

M3 Self Storage, an operator of storage locations in the Netherlands, was sold to Safestore Holdings and Carlyle European Real Estate Fund, which formed a joint venture to complete the acquisition.

Heverald Groupe S.A, the holding company of ESL and Alpadia, was sold to Kaplan International English, the ELT education division of Kaplan based in the UK.

euromicron AG, a German‐listed technology group, issued new shares to Funkwerk AG, a leading provider of innovative communication, information and security systems.

Vincia, a French supply-chain consulting business, was sold to US-listed group Jones Lang LaSalle (NYSE: JLL).

BCT Solutions Pty Ltd, a boutique defense consultancy, was sold to Accenture, the leading provider of management consulting, technology, and outsourcing services.