Rubix Group (Advent-owned) Acquires ERIKS UK & Ireland

LKCM Headwater Investments Acquires ERIKS North American Business

May 16, 2022

Industrial Services

LKCM Headwater Investments completed the acquisition of ERIKS’ North American business in a divestiture announced in 2022. The transaction transfers ERIKS North America (the regional distribution and industrial-services business) to the Texas-based private equity firm, which intends to grow the platform and its distribution capabilities in North America.

Aerow Acquires Adikts

February 14, 2024

IT Services

Aerow, the Enterprise Content Management leader backed by private equity firm Abenex, has acquired Adikts, a Paris-based consulting firm focused on AWS cloud, DevOps/DevSecOps and web & data development. The deal is Aerow's first add-on since Abenex became a shareholder in February 2020 and expands Aerow's cloud and migration capabilities to support customers' Move to Cloud strategies.

Astorg and Epiris (via Becketts Bidco) Acquire Euromoney Institutional Investor PLC

November 24, 2022

Media & Entertainment

Becketts Bidco Limited, indirectly owned by funds managed by Astorg and Epiris, has completed its acquisition of Euromoney Institutional Investor PLC, leading to Euromoney's delisting from the London Stock Exchange. The consortium intends to separate the Group—with Fastmarkets becoming a standalone entity owned by Astorg and the remaining Euromoney businesses majority-owned by Epiris—to accelerate execution of each business's strategy and drive subscription and events growth.

Advent International (via Zenith) Completes Acquisition of u‑blox

November 26, 2025

Telecommunications

Advent International, through its European vehicle ZI Zenith S.à r.l., has completed a public tender offer to acquire u‑blox Holding AG and will hold more than 98% of the company following settlement. The deal (CHF 135 per share) takes u‑blox private with Advent aiming to strengthen the company's market position, accelerate growth and capture rising demand across automotive, industrial and adjacent end‑markets.

Innovex Downhole Solutions Acquires Rubicon Oilfield International

November 10, 2020

Energy

Innovex Downhole Solutions entered into a definitive agreement to acquire Rubicon Oilfield International, creating a combined global provider of downhole products and technical services for the oil and gas industry. The deal, expected to close in early 2021, brings together Innovex's U.S. operations and Rubicon's international footprint to expand product offerings, geographic reach and service capabilities; terms were not disclosed.

Rubicon Partners Acquires Airedale Catering Equipment Group

May 1, 2021

Industrial Services

Rubicon Partners has completed a majority acquisition of Airedale Catering Equipment Group, the UK market leader in design, manufacture, installation and maintenance services for professional kitchens. Rubicon will partner with existing management (who remain shareholders) to expand adjacent product and sector service offerings, invest in technology-enabled services and pursue international expansion.