CVC DIF Acquires SPS International and CTC Moyson to Expand HiSERV GSE Platform

CVC DIF Acquires HiSERV from AVECO Holding

July 25, 2024

Transportation

CVC DIF, the infrastructure strategy of private markets manager CVC (via its CIF III fund), has agreed to acquire German ground service equipment lessor HiSERV from AVECO Holding. The deal positions HiSERV to scale as a pan‑European GSE leasing and services platform, subject to customary regulatory approvals and expected to close in Q3 2024.

Dover Acquires SPS Cryogenics B.V. and Special Gas Systems B.V.

August 12, 2024

Manufacturing

Dover (through its OPW CES platform) has acquired SPS Cryogenics B.V. and its affiliated business Special Gas Systems B.V., both based in Heerhugowaard, the Netherlands. The acquisition expands OPW CES's cryogenic vacuum‑insulated piping and gas systems capabilities and strengthens Dover's European presence to support growing demand in clean energy and industrial gas markets.

Caledonia Private Capital Acquires AIR-serv Europe

April 20, 2023

Manufacturing

Caledonia Private Capital has acquired a majority stake in AIR-serv Europe (comprising Airvending Limited and AIR-serv Netherlands B.V.). AIR-serv Europe, headquartered in Wigan, Lancashire, designs and manufactures air, vacuum and jet-wash machines for fuel station forecourts across Western Europe, employing over 200 people and serving c.2,500 customers with c.20,000 installed machines. The acquisition supports Caledonia's strategy of investing in established, cash-generative businesses and backing long-term growth.

CVC DIF Takes 49.9% Stake in Singapore Hazardous Waste Manager ECO

November 4, 2024

Environmental Services

CVC DIF (via DIF Infrastructure VII) has agreed to acquire a 49.9% stake in ECO, a leading hazardous waste management company in Singapore, with Séché Environnement retaining a 50.1% majority. The investment — CVC DIF's first in Asia — will partner CVC DIF's infrastructure expertise with Séché's operational experience to support ECO's growth across Southeast Asia.

CVC DIF Funds Acquire American Student Transportation Partners from Access Holdings

August 14, 2025

Transportation

Funds managed by CVC DIF have acquired American Student Transportation Partners (ASTP) from Access Holdings. ASTP grew rapidly under Access's data-driven operating model—expanding from 435 to over 2,300 vehicles and transporting more than 90,000 students annually—and Access engaged Lincoln International, Miles & Stockbridge, and RSM as advisers on the sale.

CVC Capital Partners Acquires M Group Services from PAI Partners

June 27, 2024

Infrastructure

CVC Capital Partners (via Fund IX) has agreed to acquire M Group Services, the UK’s largest provider of essential infrastructure services, from PAI Partners. The transaction — expected to close in Q3 2024 — will support M Group Services’ next phase of organic growth and further strategic M&A while preserving its focus on safety, sustainability and client delivery.