NewAlpha Acquires Majority Stake in Presto Engineering

Ventoux CCM Acquisition Corp. Completes Business Combination with Presto Automation Inc.

September 21, 2022

Restaurants & Hospitality

Presto Automation Inc. completed its previously announced business combination with special purpose acquisition company Ventoux CCM Acquisition Corp., and the combined company began trading on Nasdaq under the ticker PRST on September 22, 2022. The transaction included approximately $120 million of cash proceeds, including a strategic PIPE investment from Cleveland Avenue, LLC, to fund expansion and product development of Presto's voice, vision and touch labor automation platform for the hospitality industry.

Apax Acquires Majority Stake in CEME Group

March 17, 2022

HVAC & Mechanical

Apax (with Société Générale Capital Partenaires and BNP Paribas Développement) has signed an agreement to acquire a majority stake in CEME Group, a French leader in electrical and HVAC engineering and maintenance. The transaction (subject to competition approval) reorganises shareholding to exit Azulis Capital and the Desbruères family and aims to accelerate organic growth and M&A to expand regional presence and capabilities in energy efficiency and related services.

Astorg Acquires Majority Stake in Steliau

February 26, 2024

Industrial Services

Astorg, a European private equity firm, has signed an agreement to acquire a majority stake in Steliau, a pan-European value-added distributor (VAD) of electronic solutions, from B&Capital. Steliau, founded in 1992 and headquartered in Montrouge, France, employs more than 200 people across eight countries and will partner with Astorg to accelerate organic growth and execute a buy-and-build strategy.

PAI Partners and ADIA Acquire Majority Stake in Alvest

January 31, 2025

Aerospace & Defense

PAI Partners, together with a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), has acquired a majority stake in Alvest, the global leader in airport Ground Support Equipment (GSE). Ardian retains a minority stake alongside the company's founders and management; the investment will support Alvest's expansion, accelerate the transition to electric GSE and grow its product and service offering worldwide.

Abenex and Arkéa Capital Acquire Majority Stake in Prévost Laboratory Concept

May 11, 2020

Manufacturing

Abenex (via Abenex Croissance) has acquired a majority stake in Prévost Laboratory Concept, a Nouvoitou, France-based contract laboratory that formulates, produces and packages cosmetics, food supplements and animal care products. The deal is supported by Arkéa Capital and founder Véronique Prévost (who remains chairman); the company employs ~30 people and generates about €8 million in revenue and will pursue accelerated organic and international growth.

Delmas Investissements & Participations Acquires Majority Stake in Acces Industrie from Equistone

April 16, 2024

Industrial Services

Delmas Investissements & Participations, a French family investment group, has agreed to acquire a majority stake in Acces Industrie from Equistone Partners Europe. Acces Industrie is an independent rental specialist of mobile aerial work platforms and handling equipment that grew to ~650 employees and €140m revenue under Equistone; Delmas says it will consolidate the group's regional roots and pursue national and international development.