Strategic Value Partners Invests €200M in Bjelin Group to Fund Acquisition of Välinge Industrial Business

StoneTree Investment Partners Invests in Viking Engineering & Development

October 29, 2024

Manufacturing

StoneTree Investment Partners, a lower middle market industrials-focused private equity firm, has invested in Viking Engineering & Development, a Blaine, Minnesota-based manufacturer of automated assembly and fastening equipment for the pallet and bed frame industries. The investment will support Viking's growth and operational/technology initiatives; financial terms were not disclosed.

Bergs Timber Acquires Hedlunda Holding AB

June 29, 2023

Manufacturing

Bergs Timber AB has acquired all shares in Hedlunda Holding AB, a manufacturer of wooden furniture and components with production sites in Lycksele, Sweden and Skoczów, Poland. The acquisition (purchase price ~SEK 140 million for the shares; total purchase price SEK 225 million on a cash- and debt-free basis) expands Bergs's wood-processing capabilities and creates a new Furniture & Components product area; Hedlunda reported ~SEK 620 million in trailing twelve-month sales and employs about 400 people.

Rantalainen Group Acquires Norway-based Value Group

October 30, 2024

Accounting & Tax

Rantalainen Group (majority-owned by Norvestor) has agreed to acquire Value Group, a fast-growing Norwegian accounting, payroll and HR services provider that generates NOK 200 million in revenue and employs about 180 professionals. The add-on deal — expected to close in Q4 2024 — furthers Rantalainen's Nordic expansion and strengthens its capabilities for consolidation across the region.

Hg-backed Visma Attracts New Investors in €19bn Equity Transaction

December 21, 2023

Software

Hg-backed software group Visma expanded its shareholder base in a transaction valuing the company at EUR 19 billion, welcoming around 20 new investors and raising over €1bn from new investors plus roughly €3bn of new investment from existing shareholders. Named new investors include Altaroc, Jane Street, NPS and the NYC Retirement System, while existing/co-investors providing further capital include Hg, ICG, TPG and Visma management to support continued international expansion and product innovation.

Blue Wolf Capital Partners Invests in Vicksburg Forest Products

February 8, 2021

Manufacturing

New York-based private equity firm Blue Wolf Capital Partners announced an investment in Vicksburg Forest Products, a family-owned Southern Yellow Pine sawmill headquartered in Jackson, Mississippi. The capital will support a major capacity expansion (including a new chip-n-saw line and dry kilns) to increase output to about 180 million board feet annually and add roughly 60 jobs; terms were not disclosed.

Strategic Value Partners to Acquire Majority of Hornblower Group; Crestview Retains Minority

February 21, 2024

Transportation

Funds managed by Strategic Value Partners (SVP) will acquire majority ownership of Hornblower Group and provide $121 million of new equity while Crestview Partners will retain a significant minority stake and take sole ownership of Journey Beyond. The transaction is part of a broader financial restructuring that includes $300 million of DIP financing, approximately $720 million of debt reduction and the planned sale or wind-down of Hornblower’s American Queen Voyages unit to focus the business on core land- and water-based experiences.