Key Takeaways
- • Leon Capital has made a growth investment in VKE Group, a European data center infrastructure business, according to PEI Private Equity.
- • Truelink Capital has agreed to acquire the global intrusion products business of Johnson Controls, a carve-out transaction.
- • Eurazeo's new sole CEO Christophe Bavière says the firm's focus on the European mid-market is paying off.
Summary
Separately, Truelink Capital has agreed to acquire the global intrusion products business of Johnson Controls. The transaction is a carve-out, through which Truelink will take ownership of the unit from the industrial conglomerate. Financial terms were not included in the primary source.
In an interview with PEI Private Equity, Christophe Bavière, who is now sole chief executive of Eurazeo, described how the French investment firm's focus on the European mid-market is performing. He framed the strategy as delivering results, though the primary source excerpt does not provide specific fund performance or AUM figures.
For institutional allocators and private equity managers, the items point to continued activity in European growth and infrastructure-related investing, alongside carve-out deal flow from large industrial groups.
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