Transactions

Third-generation family shareholders of Salice SpA (“Salice” and, together with its subsidiaries, the “Group”), Francesca, Massimo and Sergio Salice, sold a majority stake in the Group to Cobepa S.A., a Belgian investment company backed by large entrepreneurial European families.

Pluradent GmbH & Co. KG was sold in a simultaneous transaction in which Aurelius Private Equity, a prominent German private equity group, also acquires the Bauer dental distribution group from the Linneweh family to create a leading German dental distribution platform with more than EUR 300m in revenues.

One of the Czech largest operators of night-time distribution networks in the Czech and Slovak Republics, OptimNet Solutions, has been sold to the German provider of logistics services, Hellmann Worldwide Logistics International.

Neptune Software, a leading low-code software platform, was sold to Triton, a UK-based private-equity fund.

The shareholders of G.F. S.r.l. (“GF Garden”), an historical manufacturer of garden equipment in Italy, sold 100% of the share capital to EXEL Industries, the French listed global leader in spraying solutions.

Krenek Forest Service, an exclusive distributor of Ponsse forest machines in the Czech Republic was sold to Ponsse, the Finnish forest machines producer, who is also a main business partner of the company.

Alliance Automation Pty Ltd, a provider of industrial automation and electrical engineering services, was sold to Telstra Corp Ltd, the Australia-based telecommunications company providing wired and wireless broadband internet and telecommunication services, through its subsidiary Telstra Purple Pty Ltd, the provider of IT consultation services.

Convert Group, a digital marketing agency, was sold to Pearl Group.

Kwalitaria, a leading Dutch quick service snackbar chain was acquired by the Dutch private equity firm Antea Participaties.

Clairfield International US is pleased to announce the recapitalization of its client Enviro-Master with Eagle Merchant Partners.

Springest B.V. was sold to Studytube, a fast-growing Dutch online learning platform backed by private equity firm Verdane.

Verifavia, a global leader in environmental verification and certification for aviation, airports and maritime transport as well as in the inventory of hazardous materials for vessels, was sold to Normec, a European group active in testing, inspection and certification backed by the private equity fund Astorg.

Carlbom Shipping, which has served UK and international shipping clients since 1897, was acquired by Pentagon Freight Services, the world’s leading privately owned logistics provider to the energy industries.

LVB, a Dutch digital marketing agency, was sold to PE backed Belgium based iO (former Intracto Group).

General Industries, a French plastic recycling group, raised equity from Tertium.

Sogelink, a leading French provider of software solutions for infrastructure, construction, and property management, acquired Focus Software, a Norwegian software house dedicated to building information modeling (BIM).

The Pure Water Company, a provider of water purifying systems to a wide range of customers from start‐ups to large enterprises to restaurants and hotels in Norway, Denmark, Sweden and UK, was acquired by Waterlogic (backed by Castik Capital).

Cairdac, a French medtech company that is developing a unique self‐sustainable dual‐chamber leadless pacemaker, raised EUR 17 million from Mérieux Equity Partners, Supernova Invest, Bpifrance, and Sham Innovation Santé (advised by Turenne).

Paperfoam B.V., a leading supplier of sustainable packaging, created a joint venture with Max Solutions, Inc., a specialty packaging platform, to increase sustainable packaging sales in the United States.

Clairfield Belgium closed the refinancing of Brouwerij Martens’ debt portfolio. This transaction will enable the brewery group to continue its ambitious growth trajectory and execute its long‐term financial strategic plan.