LetterOne Makes Significant Growth Investment in Dayim Middle East Holding Company

Damen Shipyards Group Acquires I.M.E Group Ltd

November 12, 2025

Industrial Services

Damen Shipyards Group has acquired Southampton-based I.M.E Group Ltd to expand its UK service capabilities. The deal integrates I.M.E's yard, workshop and 24/7 repair capabilities into Damen Services' UK network to strengthen on-site support, M&E engineering, docking, spare parts supply and maintenance for Damen and non-Damen vessels.

LDC Makes Minority Growth Investment in Cellhire

June 29, 2022

Telecommunications

Mid-market private equity firm LDC has made a significant minority (growth-capital) investment in Cellhire to support the company’s global expansion and development of its IoT, eSIM and SIM management capabilities. LDC will back the existing management team as Cellhire looks to scale its Atlas billing and SIM management platform and expand its M2M/IoT offerings across multiple international markets.

Red Arts Capital, Prudential Capital Partners and Brightwood Capital Advisors Acquire MME Inc.

January 9, 2020

Trucking & Fleet

Red Arts Capital partnered with Prudential Capital Partners and Brightwood Capital Advisors to acquire MME Inc., including its subsidiaries Midwest Motor Express Inc. and Midnite Express Inc.; financial terms were not disclosed. Midwest Motor Express is a Bismarck, North Dakota–based top-25 less-than-truckload (LTL) carrier with ~800 employees, 32 service centers across 16 states and part of a combined platform generating more than $120 million in annual revenue.

Air Products Acquires Air Liquide's Industrial Merchant Business in UAE & Bahrain

April 12, 2022

Industrial Services

Air Products Group has acquired Air Liquide's Industrial Merchant business in the United Arab Emirates and Bahrain, including Air Liquide Emirates for Industrial Gases LLC (ALEMIR) and Air Liquide's stake in Middle East Carbon Dioxide W.L.L (MECD). The divestiture—part of Air Liquide's portfolio optimization—transfers 97 employees to Air Products and enables Air Products to strengthen its merchant gases footprint in the Gulf region.

H.I.G. Capital Completes Growth Investment in Load One

June 22, 2022

Logistics & Distribution

H.I.G. Capital completed a growth investment in Load One, LLC, partnering with founder and CEO John Elliott and the existing management team to support the company's organic growth and M&A-driven consolidation. Load One, headquartered outside Detroit, Michigan, is a provider of expedited transportation and logistics services across the U.S., Canada, and Mexico; H.I.G. will provide capital and resources to accelerate strategic growth initiatives.

LDC Makes Minority Investment in LeMieux

March 24, 2021

Consumer Products

LDC, the UK mid-market private equity firm, has completed a minority growth investment in LeMieux, the British equestrian brand. The undisclosed transaction will back LeMieux's management to accelerate international expansion, broaden its product range and invest in digital sales and marketing.