Advent International Invests in LBS Group

Latus Group Acquires Euro Environmental Limited

February 1, 2026

Healthcare Services

Latus Group, backed by private equity investor NorthEdge, has acquired South Yorkshire-based Euro Environmental Limited to expand its Occupational Hygiene division across the UK. The deal — supported by funding from Santander and advised by several advisers — strengthens Latus's hygiene capabilities and national service offering as part of its buy-and-build strategy.

LBS Acquires Pilgrim Packaging

July 15, 2025

Manufacturing

LBS, a 100% employee‑owned bookbinding and packaging materials company based in Des Moines, acquired Pilgrim Packaging, a specialty converted‑materials supplier to the floral industry. Pilgrim will continue operating from its Huntley, Illinois location as LBS's third division; terms were not disclosed and LBS said it will invest in additional equipment and material offerings to expand converting capabilities.

Bureau Veritas Acquires LBS Luxury Brands Services Group

December 3, 2024

Professional Services

Bureau Veritas, the global testing, inspection and certification leader, has acquired LBS Luxury Brands Services S.R.L. Group, an Italy‑headquartered laboratory and quality assurance provider for the luxury and fashion sector. The deal strengthens Bureau Veritas' upstream supply‑chain quality and sustainability capabilities and expands its presence in the Italian market.

Advent International Invests in Seek Pet Food

August 12, 2024

Food & Beverage

Advent International has made a growth investment in Seek Pet Food, a leading Chinese third‑party pet food manufacturer headquartered in Shandong. Advent will partner with founder Fang Yuan and existing investor Boyu Capital to support product innovation (especially functional pet food), strengthen R&D and manufacturing capabilities, and accelerate Seek’s domestic and international expansion.

LDC Makes Growth Investment in Blis

June 21, 2022

Marketing & Advertising

LDC has made a growth investment in Blis, the London-based programmatic advertising and location-data platform, to support international expansion, product development and a planned headcount increase. The investment backs the existing management team led by CEO Greg Isbister and will see LDC representatives join Blis's board.

EQT Private Equity Asia Acquires Guardian Shanghai Hygiene Service Ltd.

March 17, 2022

Environmental Services

EQT Private Equity Asia’s Mid Market Asia III fund has made a majority investment in Guardian Shanghai Hygiene Service Ltd., China's largest domestic pest control operator. EQT will partner with Guardian’s founders and management to drive consolidation across China’s fragmented pest control market and accelerate digitalisation and sustainability initiatives.