Blackstone to Acquire SEVES Group (Parent of SEDIVER) from Triton

Blackstone and Rivean Capital Complete Investment in Esdec Solar Group

December 1, 2022

Energy

Blackstone (through Blackstone Energy Partners and Blackstone private equity) and Rivean Capital have completed a strategic investment in Esdec Solar Group B.V., the Deventer-headquartered global leader in rooftop solar mounting systems. The transaction sees Rivean partly realise its original investment while re-investing via a continuation fund; the backing is intended to accelerate Esdec's international growth and consolidation in rooftop solar.

Triton Completes Acquisition of Siemens Energy's Trench Business

April 2, 2024

Manufacturing

Triton Fund V, advised by Triton, has completed the acquisition of Siemens Energy's Trench business, a global manufacturer of high‑voltage grid components. Trench operates nine factories across Europe, North America and China with approximately 2,400 employees; Triton said the asset will support its strategy to back market‑leading industrial technology companies and benefit from the energy transition.

Blackstone to Acquire Sabre Industries from The Jordan Company

April 13, 2021

Manufacturing

Blackstone (via its energy-focused funds, Blackstone Energy Partners) has agreed to acquire Sabre Industries, Inc. from The Jordan Company. Sabre, based in Alvarado, Texas, is a manufacturer of engineered overhead steel poles, towers, battery storage solutions and related services for utility and telecom end markets; it will remain an independent Blackstone portfolio company with management and employees staying in place and investing alongside Blackstone.

Triton Combines Assemblin and Caverion to Form Assemblin Caverion Group

March 5, 2024

Engineering Services

Triton is combining its portfolio companies Assemblin and Caverion into the newly formed Assemblin Caverion Group, creating a leading Northern European technical service and installation business. The combined group will be incorporated in Sweden, operate across around ten countries, generate roughly EUR 3.8 billion (SEK 43.5 billion) in annual turnover and employ about 21,900 people; leadership will be drawn from both businesses with Assemblin CEO Mats Johansson as Group CEO.

Triton Acquires VolkerWessels' V&N Group (Visser & Smit Hanab, VW Telecom and Homij)

April 5, 2024

Infrastructure

Funds advised by Triton have agreed to acquire 100% of VolkerWessels Verbindingen en Netwerken B.V. (V&N Group), the parent of Visser & Smit Hanab, VW Telecom and Homij. The multi-utility service provider (3,100 employees) operates across the Netherlands providing energy & utility, connectivity and building installation services; Triton plans to invest to accelerate growth driven by the energy transition and digitalisation.

Saint-Gobain to acquire Chryso from Cinven

May 20, 2021

Building Products

Saint-Gobain has agreed to acquire Chryso, a global specialist in construction chemicals, from private equity firm Cinven. Headquartered in France, Chryso operates 35 industrial sites and five R&D centres, employs about 1,300 people and serves customers across more than 100 countries; the transaction is expected to close in the second half of 2021 subject to customary approvals.