Averna Acquires ELCOM a.s. (Czech Republic)

Averna Acquires ProNES Automation GmbH

May 23, 2023

Industrial Services

Averna, a global test and quality solutions provider based in Montreal, has acquired German automation specialist ProNES Automation GmbH and opened a Landau office to oversee sales and operations in Germany. ProNES founder and CEO Jochen Weber will join Averna's leadership team; the deal strengthens Averna's capabilities in automated quality inspection and battery test solutions while expanding its local presence in Germany.

Averna Acquires Global Equipment Services, Inc. from Kimball Electronics

August 1, 2024

Engineering Services

Averna, a Walter Capital Partners–backed test and quality solutions provider, has acquired Global Equipment Services, Inc. (GES), a division of Kimball Electronics. The deal adds roughly 600 employees, more than 160,000 ft² of manufacturing space and expands Averna’s footprint across Asia and North America with new locations including San Jose, Ho Chi Minh, Suzhou, Trivandrum and Tokyo.

Elcora Advanced Materials Acquires STE ERMAZONE A.R.L (Moroccan Vanadium Licenses)

November 24, 2021

Energy

Elcora Advanced Materials Corp. (TSX.V:ERA) has acquired 100% of STE ERMAZONE A.R.L, including ten vanadium exploration licenses in Morocco. The acquisition (cash plus shares and employment remuneration) expands Elcora's supply and exploration footprint in battery metals to support its battery-materials and energy storage strategy.

Eurowag Acquires Inelo Group from Innova Capital

January 1, 2022

Transportation

Eurowag has agreed to acquire a 100% stake in Poland-based Inelo Group from Innova Capital for more than EUR 300 million. The acquisition adds Inelo’s telematics devices (≈87,000 connected trucks) and driver time management software to Eurowag’s pan‑European payments and mobility platform, expanding its product capabilities and geographic footprint across the commercial road transportation market in CEE and other European markets.

Astorg Acquires Majority Stake in Avania

June 20, 2022

Healthcare Services

Astorg has acquired a majority stake in Avania from Kester Capital, with Kester expected to retain a minority position and management also reinvesting. Avania, a Bilthoven-headquartered MedTech-focused clinical CRO, will use Astorg's capital and network to accelerate organic growth and pursue M&A to build a scaled, global MedTech CRO platform.

Averna Capital Invests in SI-UK (Study International UK)

June 23, 2022

Education

Averna Capital has completed a growth investment in SI-UK (Study International UK), a leading international student recruitment and placement firm serving UK higher education institutions. The investment will fund SI-UK's international expansion, development of data and technology capabilities, and growth of its institutional platform while the founders remain significant shareholders.