ADNEC Group Acquires French Tour Operator Karavel from Equistone

Renovo Capital Acquires ADVEEZ

March 24, 2025

Aerospace & Defense

Renovo Capital, a Dallas-based private equity firm, has acquired ADVEEZ, a Toulouse-based developer of specialized hardware and software telematics for aviation ground support equipment. DLA Piper advised Renovo; Renovo intends to invest in R&D, customer care and post-sales support to grow ADVEEZ as part of its IoT platform strategy.

ADF Group Acquires Tournaire Equipement SAS from Tournaire Group

July 1, 2021

Industrial Services

French industrial services firm ADF Group acquired Tournaire Equipement SAS, the equipment engineering and manufacturing subsidiary of Tournaire Group, effective July 1, 2021. The approximately 30-person business in Grasse strengthens ADF Group’s capabilities in process equipment for fragrance extraction and expands its presence in biochemistry, cosmetics, food and health markets; Tournaire Group will focus on its packaging activities going forward.

Cinven to acquire majority stake in Euro Techno Com Group from Carlyle

June 3, 2022

Telecommunications

Cinven has entered into exclusive negotiations to acquire a majority stake in Euro Techno Com Group (ETC Group), a France‑headquartered distributor of telecom and technology infrastructure products, from Carlyle. Founder and CEO Cédric Varasteh would retain a significant stake and Carlyle will reinvest as a minority shareholder; the Group has around 1,100 employees and generates more than €1 billion in annual revenues.

Carlyle to Acquire Mediterranean E&P Asset Portfolio from Energean

June 20, 2024

Oil & Gas

The Carlyle Group, through its Carlyle International Energy Partners fund, has agreed to acquire a portfolio of gas-weighted exploration and production (E&P) assets in Italy, Egypt and Croatia from Energean plc. The assets — which include interests in the Cassiopea field (Italy) and the Abu Qir hub (Egypt) — will form the basis of a standalone Mediterranean E&P platform subject to regulatory approvals.

Volaris Group Acquires Akuiteo Développement

August 1, 2019

Software

Volaris Group Inc., an operating group of Constellation Software, has acquired Akuiteo Développement, a Lyon-based provider of desktop and mobile ERP SaaS for software manufacturers. The acquisition marks Volaris' entry into the ISV vertical and will allow Akuiteo to continue operating under its existing management with support from Volaris.

PAI Partners Acquires European Camping Group

October 5, 2021

Consumer Products

PAI Partners has completed the acquisition of European Camping Group (ECG) from Carlyle, Ontario Teachers' Pension Plan and Montefiore Investment. Headquartered in Aix-en-Provence, France, ECG operates over 22,000 units across more than 310 premium campsites in Europe; PAI says it will support ECG’s next phase of organic growth and M&A to reinforce its leadership in outdoor accommodation.