Don’t miss our weekly selection of the Private Equity deals in Europe and North America from the Week 30, extracted from the Arx Database.
Subscribe to our tailored newsletters for industry professionals to follow market trends based on your preferred areas and access all relevant sector news.
For more in-depth information on fund activities in Europe and North America, be sure to sign up.
This week's: Reiten & Co, Gimv, Foresight Group , Lee Equity Partners.
Table of Contents
Add-on: Reiten & Co
Airswift Acquires Recruitment Agency Energy Resourcing
Present in the portfolio of Reiten & Co, Airswift ($887 million of revenue in 2021, Texas / USA), a company that provides workforce solutions for the energy, transport, and infrastructure sectors, has signed an agreement to acquire Energy Resourcing (Western Australia / AUS), an agency specializing in the recruitment and management of subcontractors for the oil & gas, power, renewables, chemicals, mining, construction and emerging technologies sectors. Energy Resourcing’s brand, systems and processes will be integrated into Airswift, which will thus become a major player in the field of workforce solutions for a wider range of customers.
Add-on: Gimv
IT Services Provider Cegeka Acquires Computer Task Group (CTG)
Backed by Gimv and LRM Management, Cegeka (€871 million of revenue in 2022, Flemish Region / BEL), a provider of IT solutions and services for various business sectors such as agri-food, healthcare, mobility, aviation, etc., acquires Computer Task Group (CTG) ($325 million of revenue in 2022, New York / USA), a provider of digital transformation services and solutions for companies located in North America and Western Europe. Cegeka sees CTG as the right strategic partner to complement its portfolio of customers and services, as well as to strengthen its capabilities and knowledge.
Acquisition: Foresight Group
Foresight Invests in Fulfillment Services Provider, We Are Fulfilment
Foresight Group, through Midlands Engine Investment Fund (MEIF), invests £0.7 million in We Are Fulfilment (WAF) (Centrale-Est / ENG), a provider of fulfillment services for e-commerce companies. This investment will allow WAF to open a second distribution center, improve the automation of its systems, optimize supply chain processes in its existing distribution centers and create new jobs.
Exit: Lee Equity Partners
Lee Equity Announces the Sale of TV Advertising Solutions Provider Cadent
Lee Equity Partners announces the sale of Cadent (New York / USA), a provider of TV advertising solutions. Lee Equity acquired Cadent in 2013 and helped it become one of the largest independent audience targeting platforms for TV channels.
