Advent International Acquires Majority Stake in LayerZero Power Systems

ArcLight Capital Partners Acquires Advanced Power

July 24, 2025

Energy

ArcLight Capital Partners has acquired Advanced Power and committed an initial $1 billion equity investment to accelerate development of modern power infrastructure. The partnership could deploy more than $5 billion over five years to support over 20 GW of new generation and 10+ GWh of storage, targeting utilities, data center developers and hyperscalers across North America.

Advent International Acquires Majority Stake in SYSPRO

August 13, 2024

Software

Advent International has entered into a definitive agreement to acquire a majority ownership stake in SYSPRO, a global ERP software provider for manufacturing and distribution. The investment will fund product and technology innovation and support SYSPRO's global growth ambitions, particularly in the USA and UK; the deal is expected to close in late Q3 2024 pending customary approvals.

Legrand Acquires ZPE Systems

January 12, 2024

IT Services

Legrand has completed the acquisition of ZPE Systems, Inc., a Fremont, California-based provider of secure management infrastructure for data center, branch, and edge environments (serial console servers, sensors, service routers and a software-defined management platform). ZPE Systems will join Legrand's Data, Power and Control (DPC) Division as a business unit to broaden Legrand's data center and edge management capabilities and address growing demand driven by AI and edge computing.

Pacific Power & Systems Acquires Adkins Electric

November 19, 2021

Construction

Pacific Power & Systems (PPS), a platform company backed by White Wolf Capital, has acquired Adkins Electric, a Jacksonville, Florida-based full-service electrical contractor. White Wolf provided capital (senior term debt, preferred equity and a minority common equity co-investment) to PPS to complete the add-on acquisition, expanding PPS's service capabilities and geographic footprint in Northern Florida and the Southeast; terms were not disclosed.

Advent International Acquires Majority Stake in ZIMMERMANN

August 8, 2023

Retail

Advent International has agreed to acquire a majority shareholding in ZIMMERMANN from Style Capital, with the Zimmermann family and Style Capital retaining a significant minority stake. The investment will support ZIMMERMANN’s international expansion—particularly in Asia and the Middle East—broaden product categories and accessories, and strengthen its online and omnichannel presence.

Bregal Unternehmerkapital Acquires Majority Stake in Laird Thermal Systems

July 19, 2021

Manufacturing

Funds advised by Bregal Unternehmerkapital agreed to acquire a majority stake in Laird Thermal Systems (LTS). The family-backed investor said it will support LTS's organic growth, M&A-driven expansion and product development to address rising demand for advanced thermal management solutions.