Traccom Inc. Acquires Vulcain, Inc.

Ardian-led Consortium Acquires Vulcain Engineering (LBO)

December 22, 2023

Engineering Services

Ardian is leading a consortium including Tikehau Capital, EMZ, Bpifrance, Amundi and the Fonds France Nucléaire (managed by Siparex) in a leveraged buyout of Vulcain Engineering. The transaction effects the exit of existing shareholders Equistone Partners Europe and Sagard while co-CEOs Frédéric Grard and Alban Guilloteau and more than 350 employee-shareholders strengthen their positions. The new financing will provide resources to accelerate Vulcain's international expansion, digitisation of engineering processes and continued external growth via acquisitions.

LongueVue Capital Recapitalizes Traco Manufacturing

June 24, 2021

Packaging

LongueVue Capital has partnered with founder John Palica, CEO Owen Power, and Traco Manufacturing's management team in a recapitalization that provides growth capital to expand the company's packaging capabilities and support future acquisitions. Traco, headquartered in Orem, Utah, is a manufacturer and distributor of custom flexible packaging and printed shrink labels serving food & beverage, nutraceuticals, cosmetics/personal care and pet care markets and employs more than 100 people.

Avance Investment Management Makes Strategic Growth Investment in Tracxtion Commerce Group

June 12, 2024

Marketing & Advertising

Avance Investment Management has made a strategic growth investment in Tracxtion Commerce Group Inc., a Toronto-based hybrid agency network that provides omnichannel marketing, experiential events, media planning, and in-store retail execution. The capital will be used to expand Tracxtion's service offerings and accelerate its expansion across the U.S. market while Avance partners with the company's founder-led management team to drive growth.

Tennaxia Acquires Traace

May 30, 2024

Cloud & SaaS

Tennaxia, a Marlin Equity Partners portfolio company, has acquired Traace, a Paris-based SaaS provider of carbon accounting and CSR solutions. The deal will merge Traace into Tennaxia to expand carbon accounting capabilities and create a stronger European sustainability software platform for middle-market and enterprise clients.

Cruise Acquires Voyage

March 15, 2021

Automotive

Cruise has acquired self-driving startup Voyage and will integrate Voyage's team, technology and operations to accelerate commercial deployment of autonomous, all‑electric robotaxi services. The deal brings Voyage's ~60-person team and its experience operating autonomous shuttles in retirement communities into Cruise to bolster its technical capabilities and customer-focused product execution.

Travelers Acquires Trōv Technology Assets

February 23, 2022

Software

The Travelers Companies, Inc. acquired the technology assets of insurtech Trōv, with most of Trōv's team joining Travelers. The technology and team will be integrated into Travelers' Personal Insurance segment to accelerate digital and embedded insurance capabilities; terms were not disclosed.