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Table of Contents
Add-on: Ufenau Capital Partners (Ucp)
Defluo and Maxicleaning Join Underground Infrastructure Maintenance Services Provider Kanalservice
Owned by Ufenau Capital Partners, Kanalservice Gruppe (CHF180 million of revenue in 2022, Zurich / CHE), a company providing underground infrastructure and road maintenance services, has acquired Defluo (South East / ENG), a provider of a wide range of drainage, plumbing, heating and construction services for commercial and domestic customers, and Maxicleaning (Flemish Region / BEL), a company that provides professional cleaning and unclogging services for oil tanks, toilets, drains and sewers. These acquisitions will provide KSG with strong growth prospects in the UK and Benelux markets.
Acquisition: Fin.Co
Fin.Co Invests in Technology and Data Analysis Solutions Provider Datashift
Fin.Co announces an investment in Datashift (Flemish Region / BEL), a data analytics and technology solutions provider specializing in business analytics, data governance, data science and engineering, and artificial intelligence. Fin.Co will support Datashift in its international growth and international expansion efforts, with the Netherlands as its first target.
Acquisition: Sparring Capital
Sparring Capital Acquires Insulation Solutions Providers ITB and Tchoulfian
Sparring Capital announces the acquisition of a majority stake in the group formed by ITB (Hauts-de-France / FRA), a company operating in the fields of technical insulation, industrial scaffolding, electrical tracing and thermal insulation, mainly for the agri-food, petrochemical, pharmaceutical, chemical and metallurgical sectors, and Tchoulfian (Languedoc-Roussillon / FRA), a company specializing in thermal insulation systems, scaffolding and ventilation. With Sparring Capital as its new partner, the group plans to deploy an external growth strategy targeting acquisitions, more varied offerings and greater geographical coverage.
Exit: CBPE Capital
Engine Oil Recycling Specialist Itelyum Makes a Double Acquisition
Majority-owned by Stirling Square Capital Partners and supported by Deutsche Beteiligungs, Itelyum (€570.1 million of revenue in 2022, Lombardy ITA), a company specializing in the regeneration of used engine oils and lubricants, has acquired Safechem (North Rhine-Westphalia / DEU), a provider of solutions for the safe and sustainable use of solvents in industrial parts cleaning, textile cleaning and asphalt testing applications, which was owned by CBPE Capital since 2016, and SOLEDI (Auvergne-Rhône-Alpes / FRA), a company focused on the distribution of chemical products and the intermediation of chemical waste. Itelyum thus strengthens its leading position in the circular economy on an international scale.
