Each week, we bring you a curated selection of the most noteworthy Private Equity transactions across Europe and North America, carefully selected from the Arx Database. These insights provide a unique perspective on market trends and highlight strategic investment opportunities.
This week’s transactions span energy tech, deeptech in prenatal health, water infrastructure and industrial packaging:
- Add-on: Bluewater -backed IMServ acquires Astral Tech, strengthening its position in SaaS solutions for the energy sector.
- Acquisition: Siparex’s XAnge fund leads a €5.5M seed round for Diagnoly, a DeepTech company developing AI-driven prenatal screening solutions.
- Acquisition: Wind Point Partners acquires SIGMA Companies, a U.S. provider of waterworks infrastructure components, to support strategic growth.
- Financing: BPM Capital provides mezzanine financing for the acquisition of Medical Mazella, a Polish manufacturer of plastic-based pharmaceutical and food packaging.
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Bluewater Energy
Add-on: IMServ Acquires Energy Software Developer Astral Tech
Backed by Bluewater, IMServ (£57.9 million of revenue in 2022, South East / ENG), a specialist energy data collection and metering company that offers specialist metering technologies for electricity, gas and water, as well as highly accurate energy data collection services to help its customers monitor and optimize their energy consumption, has acquired Astral Tech (London / ENG), a technology company that offers cloud-based SaaS solutions for electricity, gas, renewable energy and water suppliers. This strategic transaction aims to establish IMServ as a major technology player in the energy data field. It marks a significant turning point in the development of data management solutions for the energy sector, enabling suppliers and companies to transform the complexity of current systems into levers of opportunity.
Siparex
Acquisition: Prenatal Screening Solutions Developer Diagnoly Raises €5.5 Million
Diagnoly (Auvergne-Rhône-Alpes / FRA), a DeepTech company specializing in obstetric ultrasound that develops artificial intelligence-based solutions to improve prenatal screening and simplify clinical decision-making, raises €5.5 million in a seed funding round led by Mutuelles Impact (a fund managed by XAnge, a Siparex management company) and NewFund, with participation from existing investor BADGE and several business angels. Diagnoly will use this investment to expand its business and invest in R&D to refine its technology, increase its accuracy, and adapt it to detect other pathologies.
XAnge, press release
Wind Point Partners
Acquisition: Wind Point Partners Acquires Water Network Infrastructure Producst Provider SIGMA
Wind Point Partners announces the acquisition of SIGMA Companies International (New Jersey / USA), a provider of waterworks infrastructure products, including fittings, restraints, castings, and custom parts. Alongside the management team, which retains a significant stake, Wind Point Partners will help SIGMA continue its growth and expand its product offerings through a strategy of organic and M&A growth in its current core markets.
Wind Point Partners, press release
BPM Capital
Financing: BPM Provides Mezzanine Financing to Support the Acquisition of Packaging Manufacturer Medical Mazella
BPM Capital provides mezzanine financing to support the MBI of Medical Mazella (Pomerania / POL), a company that manufactures pharmaceutical, food, and cosmetic packaging made of plastic (polyethylene, polypropylene, PET, LDPE, HDPE, etc.). With the new management team and the support of BPM’s BPM Mezzanine II fund, Medical Mazella intends to strengthen its market presence by capitalizing on its growth potential.
BPM Capital, press release