NB Renaissance Acquires Arbo S.p.A.

NB Renaissance and Ardian to Acquire Majority Stake in Neopharmed Gentili

November 9, 2022

Pharmaceuticals

NB Renaissance won a beauty contest to partner with Ardian and acquire majority ownership of Italian pharmaceutical group Neopharmed Gentili via a 50/50 vehicle, valuing the company at about €1.4–1.5 billion. The Del Bono family (through Mediolanum Farmaceutici) will retain a minority stake while Ardian will sell its existing stake into the vehicle and reinvest alongside NB Renaissance to hold half of the vehicle.

NB Renaissance Acquires U-Power

September 28, 2023

Manufacturing

NB Renaissance has completed the acquisition of 100% of U-Power, the pan-European leader in safety footwear; the founder Frank Uzzeni reinvested a 30% stake and will remain President and CEO. The deal is supported by co-investors including the NB Private Equity platform and Style Capital and aims to accelerate U-Power's international expansion, broaden its product range (workwear and PPE) and drive manufacturing efficiencies and sustainability initiatives.

NB Renaissance and Cherry Bay Capital Invest in Bending Spoons

August 3, 2023

Software

NB Renaissance has taken a minority stake in Milan-based mobile app developer Bending Spoons, with Cherry Bay Capital Group also investing. The funding will support Bending Spoons' expansion — including M&A activity — and help position the company for a potential IPO; NB Renaissance appointed Stefano Bontempelli to the board and did not disclose the deal size.

Archer Limited Acquires Romar-Abrado

January 10, 2023

Oil & Gas

Archer Limited has completed the acquisition of P&A milling and SWARF handling specialist Romar-Abrado for an enterprise value of USD 8 million plus an earn-out tied to 2023–2025 trading. The deal, funded from Archer's cash resources, adds Romar-Abrado's ~50 employees and ~USD 10 million 2021 revenue to Archer's well services capabilities and is expected to accelerate international expansion and lift Archer's 2023 guidance.

Empowered Ventures Acquires Benoure Plumbing, Heating & Air Conditioning

April 2, 2024

Construction

Empowered Ventures, an employee-owned holding company based in Carmel, Indiana, has acquired Benoure Plumbing, Heating & Air Conditioning, a South Burlington, Vermont-based residential and commercial mechanical contractor. The transaction transitions Benoure into Empowered Ventures' ESOP as part of the owner's succession plan and is intended to support continued growth and ongoing employee ownership.

Nordic Capital Acquires Majority Stake in BRP Systems

May 21, 2024

Cloud & SaaS

Nordic Capital has agreed to acquire a majority stake in BRP Systems, a Nordic SaaS ERP platform serving the fitness industry, from Valedo Partners. The partnership with BRP's management will focus on accelerating product development, targeted European expansion and value-accretive add-on acquisitions to support continued growth.