Martinrea International Acquires Assets of Effenco Development Inc.

Intrepid Makes Strategic Investment in ECOTEC International Holdings

February 3, 2022

Energy

Funds managed by Intrepid Investment Management (the investing arm of Intrepid Financial Partners) have made a strategic growth investment in ECOTEC International Holdings, LLC to accelerate production and the roll-out of its methane emissions instrumentation and emissions data software. The capital and Intrepid's energy-sector expertise will support ECOTEC's expansion into oil and gas while meeting strong demand in the biogas and natural gas markets.

Eurowag Acquires Inelo Group from Innova Capital

January 1, 2022

Transportation

Eurowag has agreed to acquire a 100% stake in Poland-based Inelo Group from Innova Capital for more than EUR 300 million. The acquisition adds Inelo’s telematics devices (≈87,000 connected trucks) and driver time management software to Eurowag’s pan‑European payments and mobility platform, expanding its product capabilities and geographic footprint across the commercial road transportation market in CEE and other European markets.

NDT Global Acquires Entegra

July 31, 2025

Energy

NDT Global has acquired Entegra, a specialist in Ultra-High-Resolution Magnetic Flux Leakage (UHR MFL) in-line inspection services, combining complementary inspection technologies to expand capabilities in the gas and oil pipeline integrity market. The deal was completed with continued support from majority shareholder Novacap and investor La Caisse (CDPQ); Entegra was previously owned by Amberjack Capital Partners and company founders, and Entegra founders/key management will remain shareholders of the combined business.

Ardian Acquires Peru-based Hydropower Company

December 18, 2023

Renewable Energy

Ardian, through its Ardian Clean Energy Evergreen Fund (ACEEF), has acquired 100% of a Peru-based hydropower company from funds managed by BTG Pactual, Patria Investments and GMR Holding B.V. The acquired portfolio comprises six run-of-river hydroelectric plants with total capacity of 73.4 MW and government-awarded, US dollar–denominated contracts; the deal adds technological diversification and strengthens ACEEF's renewable energy presence in Latin America.

Cinven to acquire majority stake in Euro Techno Com Group from Carlyle

June 3, 2022

Telecommunications

Cinven has entered into exclusive negotiations to acquire a majority stake in Euro Techno Com Group (ETC Group), a France‑headquartered distributor of telecom and technology infrastructure products, from Carlyle. Founder and CEO Cédric Varasteh would retain a significant stake and Carlyle will reinvest as a minority shareholder; the Group has around 1,100 employees and generates more than €1 billion in annual revenues.

Frontenac Acquires EFC International

November 3, 2021

Industrial Services

Chicago-based private equity firm Frontenac has acquired EFC International, a St. Louis-headquartered value-added distributor of highly engineered fasteners and specialty components. Financial terms were not disclosed; CEO Matt Dudenhoeffer and the executive team will remain in place as Frontenac supports EFC's organic and inorganic expansion plans following a sale by prior sponsor Quad-C Management.