Planethic Group AG Acquires IP Innovation Partners Technology GmbH

Industrial Growth Partners Acquires The Prince & Izant Company

June 29, 2022

Manufacturing

Industrial Growth Partners (IGP) has acquired The Prince & Izant Company from the Brandenburg Family, which will retain a significant minority equity stake. The transaction establishes Prince & Izant as a platform investment for IGP’s sixth fund to accelerate growth across aerospace, defense, medical, electronics and HVACR end markets.

IK Partners Acquires Plastiflex from 3d investors

October 27, 2021

Manufacturing

IK Partners' IK Small Cap III Fund, alongside Plastiflex management, has agreed to acquire Plastiflex Group N.V. from 3d investors. The partnership aims to accelerate Plastiflex's growth—particularly in the healthcare segment—through organic expansion and strategic M&A while the existing management team, led by CEO Piet Gruwez, will reinvest and remain in place.

American Industrial Partners Acquires AGCO's Grain & Protein Business

July 25, 2024

Manufacturing

American Industrial Partners (AIP) has acquired AGCO Corporation's Grain & Protein division in an all-cash divestiture, creating a standalone, privately held business rebranded as Grain & Protein Technologies. The business, which operates leading brands including GSI, Cumberland, AP, Tecno and Cimbria, generates approximately $1 billion in annual revenue, employs ~3,200 people across 14 manufacturing facilities globally, and will be led by CEO Jacob Thomas.

Andra Tech Group (backed by Castik Capital) Acquires Innotec Zerspanungstechnik GmbH

November 11, 2024

Manufacturing

Andra Tech Group has acquired 100% of Innotec Zerspanungstechnik GmbH, a precision-machining manufacturer based in Sinsheim, Germany; financial terms were not disclosed and managing directors Jörg and Björn Leichenich will remain in place. Innotec’s ~75 employees serve medical, optics, high-tech systems and semiconductor customers; the acquisition expands Andra Tech Group’s German footprint and capabilities and is supported by funds managed by Castik Capital, which acquired a majority stake in Andra Tech Group in September 2024.

MidOcean Partners Acquires QualiTech

June 7, 2023

Food & Beverage

MidOcean Partners, a New York-based private equity firm, has acquired QualiTech, a family-owned manufacturer of food ingredients, animal nutrition and plant nutrition products, from the Ploen family. The transaction will provide capital to expand QualiTech’s capabilities, capacity and product innovation as part of MidOcean’s food value chain investment strategy; terms were not disclosed.

Investcorp Technology Partners Acquires Majority Stake in VEDA GmbH

January 2, 2024

Cloud & SaaS

Investcorp Technology Partners (ITP) has agreed to acquire a majority stake in VEDA GmbH, a DACH-region HR software and payroll-as-a-service provider headquartered in Alsdorf, Germany. The investment will support VEDA's cloud growth, strengthen its go-to-market capabilities and enable expansion via add-on acquisitions; CEO Ralf Graessler remains invested in the business.