Marex Acquires Spain-Based Biofuels Company Dropet

BrightDrop Acquires Marain's AI Fleet-Optimization Software

June 10, 2022

Transportation

BrightDrop, the General Motors‑owned last‑mile electric vehicle and software business, has acquired the fleet optimization software and related talent from California startup Marain. BrightDrop will integrate Marain's AI/ML-powered routing, simulation and predictive analytics into its software stack to help fleet customers lower operational costs and accelerate electrification; Marain cofounders and employees will join BrightDrop to lead data science and ML work.

Marex Acquires Cowen's Prime Brokerage and Outsourced Trading Business

December 1, 2023

Financial Services

Marex has completed the acquisition of Cowen's prime brokerage and outsourced trading business, adding roughly 160 employees across eight global offices along with clearing counterparties and trading/reporting technologies. The business will join Marex Capital Markets and continue to be led by Jack Seibald and Mike Rosen as part of Marex's effort to expand its prime services, execution and multi-asset clearing capabilities globally.

SPATCO Energy Solutions Acquires Petro Supply

February 9, 2023

Energy

SPATCO Energy Solutions, a Kian Capital-backed platform, has acquired Petro Supply, a family-owned distributor of petroleum equipment based in the Mid-Atlantic, expanding SPATCO's footprint into Maryland, the District of Columbia, Pennsylvania, Delaware and New Jersey. The add-on strengthens SPATCO's distribution and full-service capabilities for fueling stations, convenience stores and petroleum handling facilities as the platform continues roll-up activity backed by Kian and co-investors.

Fremman Acquires Majority Stake in Palex from Ergon and Corpfin

October 20, 2021

Medical Devices

Fremman has acquired a majority stake in Palex, the leading distributor of high value-added MedTech equipment and solutions in Spain and Portugal, from Ergon Capital Partners and Corpfin Capital. Management, Ergon and Corpfin will remain minority shareholders as Fremman partners with the Palex team to pursue further consolidation and geographic expansion across Iberia and Europe.

Grupo Fertiberia Acquires Trichodex

July 12, 2022

Agriculture

Grupo Fertiberia, a Triton Partners-backed leader in EU crop nutrition, has acquired Seville-based biotechnology company Trichodex to expand its biofertilisers, biostimulants and microorganism-based biocontrol capabilities. The deal strengthens Grupo Fertiberia's R&D and manufacturing footprint in sustainable crop nutrition and advances its Net Zero and product-decarbonisation strategy.

Wind Point Partners Acquires Palmex

February 22, 2022

Food & Beverage

Chicago-based private equity firm Wind Point Partners has acquired Palmex S. de R.L. de C.V., a Monterrey-based manufacturer of better-for-you and Hispanic snack pellets. Wind Point intends to use Palmex as a North American platform to expand capacity, accelerate U.S. presence, and pursue growth through organic investment and add-on acquisitions.