Origin Seal Acquires Atlantic Joint

Abenex-backed Origin Seal Acquires Interseal

September 7, 2023

Manufacturing

Origin Seal, a portfolio company of private equity firm Abenex, has acquired Interseal, a French specialist in industrial sealing solutions founded in 1991. The deal — an add-on to Origin Seal — brings Interseal's ~€8m revenue and technical maintenance capabilities into the group to consolidate market position in France and support further European expansion.

Abenex Acquires Origin Group (industrial sealing solutions)

September 30, 2022

Manufacturing

Abenex has acquired Origin Group, a Rhône‑Alpes based designer, manufacturer and distributor of industrial sealing solutions, from Initiative & Finance, Elige Capital and one of the founding families, with management led by Bertrand Sée joining the capital. Origin Group generates approximately €30 million in annual sales; Abenex intends to accelerate market consolidation through external growth to build a leading player in the industrial sealing market.

Sur-Seal Acquires Ameritape

August 8, 2023

Manufacturing

Sur-Seal, a Heartwood Partners–backed manufacturer of engineered sealing solutions, has acquired Ameritape, a Florida-based converter specializing in custom die cutting, slitting, laminating and CNC cutting. The add-on expands Sur-Seal’s manufacturing and materials-conversion capabilities and broadens its end-market exposure in aerospace, medical and renewable energy.

General Atlantic Acquires Majority Stake in Joe & the Juice

November 13, 2023

Restaurants & Hospitality

General Atlantic has agreed to acquire a majority interest in Joe & the Juice from Valedo Partners, which will fully exit its investment. The investment will support Joe & the Juice's international expansion (notably in the U.S., UK, Europe, Middle East and beyond), accelerate digital and franchise channels, and reduce debt to enable an unlevered store rollout.

Ardian-led Consortium Acquires Vulcain Engineering (LBO)

December 22, 2023

Engineering Services

Ardian is leading a consortium including Tikehau Capital, EMZ, Bpifrance, Amundi and the Fonds France Nucléaire (managed by Siparex) in a leveraged buyout of Vulcain Engineering. The transaction effects the exit of existing shareholders Equistone Partners Europe and Sagard while co-CEOs Frédéric Grard and Alban Guilloteau and more than 350 employee-shareholders strengthen their positions. The new financing will provide resources to accelerate Vulcain's international expansion, digitisation of engineering processes and continued external growth via acquisitions.

Selig Group Acquires Manufacture Générale de Joints (MGJ)

December 1, 2021

Packaging

Selig Group, owned by CC Industries, has acquired Manufacture Générale de Joints (MGJ), a France-based supplier of foam-based closure liners. The acquisition expands Selig's packaging capabilities and global footprint, with MGJ adopting the Selig Group name and continuing to operate from its primary facility near Lyon while supporting broader development of sustainable products.