Crédit Mutuel Equity Invests $55M in Highlight Motor Group

MiddleGround Capital Acquires HLC

September 20, 2022

Logistics & Distribution

MiddleGround Capital, a Lexington, Kentucky-based private equity firm, has acquired HLC, Inc., a North American distributor of bicycle parts and accessories headquartered in Lévis, Quebec (with operations in the U.S.). MiddleGround intends to grow HLC as a platform business by expanding geographic reach and investing in technology and infrastructure while HLC's president Pat McGinnis remains in day-to-day control.

Wesbell Secures Private Equity Sponsorship from FirePower Equity, Crédit Mutuel Equity and Trilogy Capital

June 21, 2021

Telecommunications

The Wesbell Group of Companies (Wesbell) closed a significant equity investment led by FirePower Equity with participation from Crédit Mutuel Equity and Trilogy Capital. The capital will fund geographic expansion across Canada and the United States, expand service offerings and support Wesbell’s build-to-own cell tower strategy and targeted M&A activity.

LGT Capital Partners and Hamilton Lane Take Minority Stakes in Exponent-backed H&MV Engineering

September 9, 2024

Energy

LGT Capital Partners and funds managed by Hamilton Lane have made minority investments in Exponent-backed H&MV Engineering, valuing the Irish high-voltage engineering specialist at €750 million. The growth-capital deal will support H&MV’s international expansion, capability development and continued growth across data centre, renewables and utilities end markets.

Ridgemont Equity Partners Provides Growth Capital to Crete Mechanical Group

June 2, 2022

HVAC & Mechanical

Ridgemont Equity Partners provided significant growth capital to Crete Mechanical Group (CMG) to support the build-out of a national platform of HVAC, electrical, plumbing and building automation service companies. Financing for the transaction was led by Ares Management Corporation and Churchill Asset Management; terms were not disclosed.

Quilvest and Crédit Mutuel Equity Acquire Majority Stake in Solem

July 8, 2021

Manufacturing

Quilvest Capital Partners has acquired a majority stake in French IoT device maker Solem, with CEO Frédéric Comte reinvesting significantly and Bpifrance taking a minority stake. Quilvest said it will support Solem's growth both organically and via acquisitions as the company expands its telecare, irrigation and pool connected-device businesses.

Charterhouse Capital Partners Invests in Vermeg

December 18, 2020

Software

Charterhouse Capital Partners has acquired an equity stake in Vermeg from Crédit Mutuel Arkéa, investing alongside Vermeg's founder and management who retain a shareholding. The investment will support Vermeg's continued organic growth and buy-and-build strategy to expand its software and digitalisation offerings for banking, insurance and wealth-management clients globally.