Middle East-focused asset managers Gulf Capital and NBK Capital Partners have exited Jordanian apparel manufacturer Classic Fashion Apparel Industries after growing its revenues 33% during a three-year hold.
French private equity group Astorg has teamed with London-based Bridgepoint to pick up fintech company Fenergo from Insight Partners. The firms said the agreed acquisition follows a period of strong expansion at the Dublin-based business.
Warburg Pincus has agreed to buy into Macquarie Capital Principal Finance-backed British building compliance services provider Premier Technical Services Group aiming at a greater share of the UK market.
The private equity division of pension major Ontario Municipal Employees Retirement System and the Alberta Investment Management Corporation have agreed to sell their majority stake in Environmental Resources Management to KKR after a six-year hold. The deal values the sustainability consultancy firm at $2.7bn, according to people familiar with the matter.
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