Apax Partners Acquires Majority Stake in ADCO Group

APCO Holdings Acquires Automotive Development Group (ADG)

February 1, 2016

Automotive

APCO Holdings, LLC has acquired 100% of Automotive Development Group, LLC from The Zabel Companies, LLC. ADG's senior management will remain shareholders and the business will continue to operate as a separate unit under the current management team to expand APCO/EasyCare's dealer-facing capabilities in F&I products, training and consulting.

Apax Acquires Majority Stake in Odin Groep from Fortino Capital

February 9, 2022

IT Services

Apax has acquired a majority stake in Odin Groep from Fortino Capital to create a leading cloud Managed Service Provider in the Netherlands. Apax will partner with Odin's founder and management to accelerate growth through organic initiatives and a buy-and-build strategy, expanding geographically and deepening vertical capabilities across education, healthcare and housing associations.

Gilde Buy Out Partners Takes Stake in EDCO Group

April 23, 2021

Transportation

Gilde Buy Out Partners will become a shareholder in EDCO Group as part of a transaction to support EDCO's next phase of growth; the Adriaanse family will retain a significant interest and continue to run the business. EDCO, a Netherlands-based distributor of non-food FMCG products headquartered in Eindhoven with over 500 employees, will use the partnership to accelerate its growth and pursue further European consolidation.

PAI Partners Agrees to Acquire Majority Stake in ECF Group

June 14, 2023

Logistics & Distribution

PAI Partners has made a binding offer to acquire a majority stake in ECF Group from French private equity firm Naxicap Partners, with Naxicap remaining a minority investor alongside management. ECF is an omnichannel B2B distributor of equipment, consumables and hygiene products for hospitality and care professionals, headquartered in Grigny, France (~1,750 employees, ~€760m revenue); PAI intends to accelerate growth organically and via acquisitions to consolidate the fragmented market.

Adelis Equity Partners Acquires Majority Stake in Axentia Technologies

July 6, 2020

Transportation

Adelis Equity Partners has acquired slightly more than 50% of Axentia Technologies, becoming the company's majority owner while founders and management retain a significant stake. The investment will support Axentia's product development and international expansion of its low-power connected display systems and related software for the public transportation and rescue markets.

ACON Investments Acquires Novipax

December 1, 2020

Packaging

ACON Investments has acquired Novipax, the U.S. market leader in absorbent pads for fresh meat and poultry packaging, from Atlas Holdings. The transaction transfers Novipax's absorbent pad manufacturing facilities and headquarters in Oak Brook, Illinois, to ACON, while the tray business is excluded from the sale and will operate separately as NPX ONE.