Apheon Reinvests in TMC as MML Joins as New Partner

MML Capital Partners Invests in MIcompany

February 1, 2023

AI & Machine Learning

MML Capital Partners has made a growth investment in MIcompany, a Netherlands-based AI and machine learning services provider, to support the firm's expansion across people, services and customer base. The deal launches MML's lower mid-market Enterprise strategy and will see MML partner with MIcompany's leadership to scale the business across Europe.

Apheon-Led Roll-up of German Trenchless Pipe Rehabilitation Firms Backed by Crescent European Specialty Lending

January 19, 2026

Industrial Services

Crescent Capital Group’s European Specialty Lending strategy provided financing to support a buy-and-build platform led by pan‑European private equity firm Apheon and the founders of several Germany-based pipe rehabilitation and manufacturing businesses. The financing will consolidate IMS Group, resinnovation, Polypipe, Amex Sanivar, Hurricane Trenchless Technologie and Kardiam into a single integrated platform offering equipment, materials and turnkey trenchless pipe rehabilitation solutions, with Crescent also committing capital for future add-ons.

Apheon Acquires Majority Stake in Hittech Group

November 12, 2024

Manufacturing

Apheon, a pan‑European private equity firm, has acquired a majority stake in Hittech Group from the company's founders and a consortium of private shareholders. The investment will support Hittech's growth plans — expanding its operational footprint, capabilities and entry into new geographies and end markets — while management and existing investors retain significant stakes.

Apheon and LFPI Recapitalize Haudecoeur

November 28, 2024

Food & Beverage

Apheon has restructured its ownership of Haudecoeur by transferring its stake into an Apheon-controlled vehicle and extending its majority position, while LFPI joins as a minority investor. The Haudecoeur family and management are materially reinvesting; the recapitalization will provide additional capital and an extended time horizon to support organic growth and a targeted add-on acquisition programme across Europe.

Morgan Stanley Capital Partners Acquires Apex Companies from Sentinel Capital Partners

February 1, 2023

Environmental Services

Investment funds managed by Morgan Stanley Capital Partners (MSCP) have acquired Apex Companies, a Rockville, Maryland–based environmental consulting and engineering firm, from Sentinel Capital Partners. Sentinel will retain a minority stake post-closing; financial terms were not disclosed. Apex operates over 1,100 professionals across ~50 offices and provides services in stormwater compliance, water resources, ESG, health & safety, transportation, and civil engineering.

MML Capital Partners Invests in SC PACK group

July 1, 2024

Manufacturing

MML Capital Partners has agreed to take a minority stake in SC PACK group, investing alongside the Allemandou family and the company’s management to support a new phase of growth. The investment will fund continued organic and acquisitive expansion across Europe as SC PACK builds an integrated packaging distribution and production platform targeting €300m in revenue by end-2024.