Heitman Acquires Majority Stake in Servistore

Heitman Acquires Galway Self-Storage Site to Expand U-Store It Platform

October 21, 2024

Real Estate

Heitman LLC acquired a self-storage property in Galway, Ireland to expand its U-Store It platform and strengthen its presence in the Irish self-storage market. The bolt-on acquisition adds approximately 72,000 square feet (plus ~36,000 sq ft expansion capacity) and is part of Heitman's strategy to scale its U-Store It business across Ireland.

Jungheinrich AG Acquires Storage Solutions group

January 25, 2023

Logistics & Distribution

Jungheinrich AG is acquiring Indiana-based Storage Solutions group from Merit Capital Partners, MFG Partners and Storage Solutions' management for a purchase price of approximately USD 375 million plus a performance-based earnout. The deal gives Jungheinrich a U.S. platform in racking, warehouse design and automation (Storage Solutions: ~170 employees, ~USD 290M revenue in 2022) and is expected to close in Q2 2023 subject to customary conditions including U.S. merger clearance.

Procuritas Acquires Majority Stake in Parkman

September 25, 2025

Transportation

Procuritas has acquired a majority stake in Parkman i Sverige AB, a Swedish tech-enabled parking operator headquartered in Täby. Crescent Capital Group’s European Specialty Lending strategy provided unitranche financing to support the transaction; Parkman reported SEK 610 million in revenue for 2024 and employs approximately 85 full-time and 50 part-time staff.

SoftBank Acquires 40% Stake in AutoStore

April 5, 2021

Manufacturing

SoftBank Group Corp. agreed to acquire a 40% stake in AutoStore from funds affiliated with Thomas H. Lee Partners and EQT, among other shareholders, in a transaction announced April 2021. The investment (reported at about $2.8 billion) aims to accelerate AutoStore's global expansion across geographies and end markets, particularly in Asia-Pacific, while THL remains the majority shareholder.

Norvestor Acquires Majority Stake in PHM Group

March 11, 2020

Professional Services

Norvestor has signed an agreement to acquire a majority of the shares in PHM Holding Oy (PHM), a Finland-headquartered residential and commercial property maintenance services provider. The transaction backs PHM's Nordic expansion and consolidation strategy alongside existing owner Intera Fund III Ky and management, with PHM reporting ~€120m revenue and ~1,200 employees.

Norvestor Acquires Serwent Holding AS

June 10, 2024

Industrial Services

Norvestor IX has signed an agreement to acquire Serwent Holding AS, a market-leading underground infrastructure maintenance specialist headquartered in Oslo, Norway. The private equity firm will become Serwent’s largest shareholder alongside management and key employees; the deal is expected to close in Q3 2024 and supports Norvestor’s plan to consolidate and expand Serwent’s presence across Northern Europe.