Neinor Homes Takes 10% Stake in Promociones Habitat as Part of €700mn JV with Bain Capital

Neinor Homes to Acquire AEDAS Homes via €1,070m Tender Offer

June 16, 2025

Construction

Neinor Homes announced a fully backed €1,070 million tender offer to acquire 100% of AEDAS Homes. The offer is supported by committed capital injected into a new Neinor-owned SPV, with Castlelake (which owns 79% of AEDAS) entering a hard irrevocable agreement to tender its stake.

Aventia (Bernhard Capital-Backed) Acquires Habitat Management, Inc.

May 27, 2025

Environmental Services

Aventia, a Bernhard Capital Partners-backed environmental services platform, has acquired Habitat Management, Inc. (HMI), a Colorado-based natural resource management and ecological consulting firm. The add-on deal expands Aventia's field capabilities in reclamation, restoration, mitigation and water resources across the Rocky Mountain region and nationwide; financial terms were not disclosed.

Novo Holdings Takes 25% Minority Stake in NREP

May 5, 2020

Real Estate

Novo Holdings has made a triple‑digit million euro minority investment to acquire a 25% stake in Nordic Real Estate Partners (NREP), becoming the first external investor in the partner-based company. The capital will help NREP accelerate investments in technology, sustainability and organizational capabilities as it pursues international growth; Novo Holdings' Morten Beck Jørgensen will join NREP's board.

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.

Bain Capital to Acquire 90% Stake in Adani Capital and Adani Housing Finance

July 23, 2023

Financial Services

Bain Capital has entered into a definitive agreement to acquire 90% of Adani Capital and Adani Housing (Adani Housing Finance), buying out the Adani family's private investments while Gaurav Gupta will roll his stake and remain CEO. Bain is committing approximately $120 million (INR 1,000 crore) of primary capital and providing a $50 million liquidity line to support growth as the lenders scale MSME, housing and rural lending; the deal is expected to close in Q4 2023 subject to approvals.

PHM Group (Norvestor-backed) Acquires Kotikatu Holding Oy

September 24, 2020

Real Estate

PHM Group, majority owned by a fund managed by Norvestor, has agreed to acquire Kotikatu Holding Oy, a leading residential property maintenance services provider in Finland. The transaction creates a larger Nordic residential property maintenance group with expanded presence across Finland and Sweden, accelerating PHM's Nordic expansion and consolidation strategy as a Norvestor-backed platform.