- Add-on: BU Bregal Unternehmerkapital-backed Safety21 acquires Cross Control, reinforcing its road safety tech offering in Central Italy.
- Acquisition: Astorg Partners acquires Solabia Group, a natural ingredient manufacturer for cosmetics and pharmaceuticals, alongside TA Associates.
- Acquisition: Shamrock Capital invests in Neocol, a U.S. consulting firm focused on business process optimization within the Salesforce ecosystem.
- Exit: HitecVision sells Hav Energy, an LNG infrastructure company, to Apollo Global Management, marking a strong exit in the energy logistics space.
Bu Bregal Unternehmerkapital
Add-on: Road Safety Technology Company Safety21 Acquires Cross Control
Majority-owned by BU Bregal Unternehmerkapital and minority-backed by HAT, Safety21 (€64.8 million of revenue in 2023, Lazio / ITA), a technology company that develops and provides a cloud-based platform offering advanced road safety management solutions and services for public authorities and police forces, acquires Cross Control (c. €3.62 million of revenue in 2023, Marche / ITA), a company specializing in road safety, providing public administrations with advanced, reliable electronic and software solutions adapted to modern needs. With this strategic acquisition, Safety21 strengthens its presence in Central Italy and expands its technological offering in road safety via its Titano platform, which digitalizes the processing of offenses and citizen services through AI and IoT.
BU Bregal Unternehmerkapital, press release
Astorg Partners
Acquisition: Astorg Acquires Natural ingredients manufacturer Solabia
Through its Astorg VIII fund, Astorg Partners acquires a majority stake in Solabia Group (€69.2 million of revenue in 2023, Île-de-France / FRA), a company specializing in the production of active ingredients and natural ingredients for the manufacture of cosmetic and pharmaceutical products. Alongside TA Associates, the minority shareholder since 2018, which reinvests as part of the transaction, Astorg will support Solabia in its future growth plans, including international expansion, product innovation, as well as organic initiatives and targeted M&A.
Astorg Partners, press release
Shamrock Capital Advisors
Acquisition: Shamrock Invests in Business Process Optimization Consulting Firm Neocol
Through Shamrock Capital Clover Fund I, Shamrock Capital Advisors invests in Neocol (Illinois / USA), a consulting firm specializing in optimizing companies’ business processes by leveraging the Salesforce ecosystem to automate subscription management, invoicing, revenue recognition, quote generation, and partner relationship management. The support of Shamrock Capital Clover Fund I, which makes its first investment, will enable Neocol to strengthen its capabilities, expand its service offerings and accelerate its organic and external growth initiatives.
Shamrock Capital Advisors, press release
Hitecvision
Exit: HitecVision Sells Liquefied Natural Gas Infrastructure Company Hav Energy
HitecVision announces the sale of Hav Energy (Western Norway / NOR), a company specializing in energy infrastructure, with a particular focus on investments in liquefied natural gas (LNG) infrastructure, notably through the acquisition of LNG carriers. Founded in 2022 by HitecVision, the company has been sold to Apollo Global Management. Since its inception, Hav Energy has rapidly established itself as a leading platform in LNG shipping, thanks to a modern fleet of LNG carriers, strategic partnerships — such as with Knutsen LNG — and long-term agreements with top-tier counterparties, ensuring strong growth prospects in a rapidly expanding global LNG market.
HitecVision, press release