INNIO Group to Acquire Enerflex APAC Aftermarket Operations

Enerflex Acquires Exterran in $735 Million All-Stock Business Combination

January 24, 2022

Infrastructure

Enerflex Ltd. (TSX: EFX) announced an all-share business combination to acquire Exterran Corporation (NYSE: EXTN) for approximately US$735 million. The combined company will operate as Enerflex Ltd. and remain headquartered in Calgary, Alberta, Canada.

Seven2 Acquires Infraneo; Infraneo Acquires Antémys

July 11, 2023

Engineering Services

Seven2 (formerly Apax Partners) has acquired a majority stake in Infraneo from Sparring Capital to support the group's European expansion and digital transformation. Simultaneously, Infraneo acquired Antémys, a Rhône‑Alpes geotechnical specialist (≈40 employees), strengthening Infraneo's territorial coverage; the group now has over 500 employees and a pro forma 2022 revenue of €56 million.

Energy Infrastructure Partners Acquires Minority Stake in Fluxys

February 22, 2023

Energy

Energy Infrastructure Partners (EIP), together with a consortium of Belgian institutional investors, acquired a 19.85% stake in Fluxys; Macquarie Asset Management provided acquisition debt financing to support the transaction. The investment — announced in September and completed in February 2023 after Belgian regulator approval — positions investors to support Fluxys' role in European gas infrastructure and its planned expansion into hydrogen and CO2 infrastructure.

Infraneo (backed by Seven2) Acquires Technipipe

December 12, 2023

Energy

Infraneo, with the support of majority shareholder Seven2, has acquired Technipipe, a France-based specialist in pipeline and industrial unit monitoring, inspection and maintenance. The add-on expands Infraneo's asset integrity capabilities in the Energy sector and strengthens its presence in the PACA region and across France and Europe.

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.

INFRONEER Holdings Acquires Japan Wind Development from Bain Capital

January 31, 2024

Renewable Energy

INFRONEER Holdings Inc. has completed the acquisition of Japan Wind Development Co., Ltd. from Bain Capital Private Equity and Bain Capital Double Impact in a transaction valued at approximately JPY 218.9 billion (about $1.527 billion). Japan Wind Development — a leading onshore wind farm developer in Japan with ~300 turbines and ~570 MW capacity — will become a wholly owned subsidiary of INFRONEER as part of the group's integrated renewable energy and infrastructure strategy.