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MMS Group has acquired TMI-Orion and TMI-USA activities to complement and reinforce JRI and CIET Pharma existing offer with validation solutions designed for harsh environment

IK Partners

The Metrology & Monitoring Solutions – MMS Group, a global leader in metrology and temperature monitoring for pharmaceutical, healthcare, food and other regulated industries, announces the strategic acquisition of TMI-Orion and TMI-USA activities. The integration of TMI solutions will strengthen JRI and CIET Pharma‘s portfolio with TMI‘s 30+ years of expertise in reliable, user-friendly loggers and software for harsh environment validation.

Pascal Vermeersch (President of MMS) is proud to onboard Alexander Kuhnel (current CEO of TMI-Orion) and Guillaume Favre (current CEO of TMI-USA) in MMS Group along with IK Partners. The MMS Group now employs circa 200 experts in 8 geographic areas with customers in 65 countries.

Measuring, monitoring and validation in all types of environments: JRI, TMI, and CIET Pharma are now covering the entire value chain for quality control and management

The TMI integration creates perfect synergies across all MMS entities for product R&D and software innovation, quality procedures, metrology and validation capabilities as well as customer support worldwide. The three companies offer complementary expertise: JRI’s IoT sensors and JRI-MySirius platform track temperature, humidity, CO₂, and particles in real time, complemented by TMI’s validation and qualification solution in extreme environment and CIET Pharma’s qualification, mapping, and compliance services.

3 companies offering a comprehensive & complementary range of services and products to meet the expectations of the most demanding customers, each with its own area of expertise

A Worldwide Coverage:

TMI and JRI share common DNA including metrology, quality management and customer satisfaction

Not only do TMI and JRI share complementary product offer and R&D expertise to address similar customers, but both companies have strong expertise in metrology, data collection, transfer, storage and integrity, quality management, compliance with regulations and standards (ISO 17025, GxP, FDA 21 CFR part 11, HACCP, FD X15-140, etc.), and share common priorities in customer support and satisfaction as well as social & environmental concerns.

TMI is an expert in validation & qualification with solutions adapted to harsh environment

TMI-Orion and TMI-USA are internationally recognized by pharmaceutical, healthcare, food and ceramic industry leaders worldwide for their high-precision embedded measurement solutions engineered for extreme environment use, serving customers such as GSK, Pfizer, Novartis, 3M, L’Oréal, Nestlé, Danone, Campbells’, Hormel Foods, Wienerberger, Imerys, Lingi, Saint-Gobain, and Airbus. Both companies are ISO 9001 certified.

Their autonomous data loggers excel in ultra-high temperatures (steam sterilization, ceramics and other high-heat industrial applications with proprietary thermal shields up to 1 300°C), cryogenic lyophilization / freeze-drying (-90°C), high pressure, and ATEX zones for over 30 years.

TMI includes a USA-based operating presence with full local capabilities

TMI-USA, based in Reston, Virginia, has an experienced team which performs the full scope TMI activities locally, from production to after sales services including customer support and metrology services with its internal metrology laboratory accredited in accordance with the recognized International Standard ISO/IEC 17025 for temperature, humidity, and pressure (with ANAB certification). TMI-USA can provide rapid response times for delivery, after sales and support to North American customers as well as LATAM customers.

TMI-Dynamics provides deep-underwater robotics equipment

Launched in 2018 as TMI’s robotics division, TMI-Dynamics specializes in underwater solutions (Electrical Actuators, & Electrical Manipulator Arms) for critical missionsofactuation, manipulation and inspection. This complementary business extends TMI’s extreme environment expertise to deep-underwater equipment.

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Pascal Vermeersch, President of MMS-JRI-TMI-CIET Pharma: “We are thrilled to welcome the TMI-Orion, TMI-USA, and TMI-Dynamics teams to offer our current and future customers a comprehensive range of complementary premium solutions: highly reliable, user-friendly loggers and software for validation or production processes in extreme environments. This acquisition is also a great opportunity to benefit from TMI-USA full operation in the USA including an accredited metrology lab in temperature, humidity, and pressure.”

Alexander Kuhnel, CEO of TMI-Orion and TMI-Dynamics: “Joining the MMS Group marks a historic milestone for TMI-Orion. Driven by shared values and natural synergies, this union will enable us to quickly combine our different areas of expertise to foster innovation and excellence in the services we provide to our customers. Fully aligned with the Group’s ambitions, all TMI teams are committed to this customer satisfaction-focused project.”

Guillaume Favre, CEO of TMI-USA: “The TMI-USA acquisition by MMS Group will empower business development actions targeted to our domestic market as well as accelerate the improvement of the datalogger product line, development of new products and features, benefiting from JRI’s technical expertise. Customer satisfaction and customer service will remain TMI-USA’s priorities”

Pierre Gallix, Partner at IK Partners: “MMS Group’s acquisition of TMI enlarges MMS range of solutions and strengthens its US market expansion. Customer satisfaction and service excellence remain unwavering priorities for the Group. It also demonstrates MMS capacity to aggregate complementary and synergetic businesses to its platform.”

MMS Contact: Pascal Vermeersch – +33 (0)6 08 50 37 82 – pascal.vermeersch@group-mms.com

Press Contact: Communication Team – +33(0)1 39 96 33 35 – info@group-mms.com

About JRI

JRI is a metrology expert and designs, manufactures and maintains monitoring solutions for temperature, humidity, and other physical parameters adapted to the pharmaceutical industry, healthcare and food service sectors, meeting the quality requirements of the current regulations and standards (ISO 17025, GMP, GLP, FDA 21, CFR part 11, HACCP, etc.). JRI offers high-performance solutions as part of a recognized quality approach (COFRAC accreditations, HACCP, BPH, GBEA, etc.) .

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About CIET Pharma

CIET Pharma is specialized in qualification, mapping, sterilization, metrology and cryogenics, for the strictest customers in the pharmaceutical & cosmetic industry.

About IK Partners

IK Partners (“IK”) is a European private equity firm focused on investments in the Benelux, DACH, France, Nordics and the UK. Since 1989, IK has raised more than €20 billion of capital and invested in over 200 European companies. IK supports companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects. For more information, visit ikpartners.com IK is an affiliate of Wendel. For more information, visit wendelgroup.com

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Bain Capital Agrees Sale of Cora Resort and Spa in Greece to Fattal Hotel Group

BainCapital

LONDON and ATHENS, January 19, 2026 – Bain Capital, a leading global private investment firm, today announced the completion of the sale of Cora Resort and Spa, a five-star, 181-room resort in Afytos, Chalkidiki, Greece, to Fattal Hotel Group.

The investment was managed by Bain Capital’s Special Situations team in Europe and showcases the firm’s hands-on asset management capabilities in hospitality, spanning origination, development, operations and exit.

Bain Capital led a substantial refurbishment and repositioning of the hotel, supported by a €24 million investment programme, transforming the asset into a five-star destination resort with multiple restaurants and bars and a dedicated wellness centre. The property opened in July 2023 and has benefited from active operational oversight, including a management transition in 2024 that improved overall performance.

Rob Mangan, an Operating Partner at Bain Capital, said: “Together with our local partners, we took a very hands-on approach at Cora, executing a major refurbishment and repositioning programme and then actively managing the operations to drive performance. The result is a high-quality, five-star resort in one of Greece’s most attractive leisure markets. This sale reflects sustained investor appetite for well-located, well-invested hospitality assets, and we are pleased to hand the property to an owner with deep sector experience.”

Guy Vardi and Yaniv Amzaleg, M&A Managing Directors at Fattal Hotels, said: “Greece and the wider Mediterranean basin have shown exceptional performance in recent years, and expanding our footprint in this market remains a strategic priority. This asset, which will be rebranded as Meravia Hotel by Leonardo Limited Edition, represents a unique opportunity to introduce a high-end product in one of the most exciting hospitality markets today. Over the past three years, we have acquired more than 50 hotels across Europe and raised approximately €1 billion through our European partnerships to support our expansion strategy.  We would like to thank Bain Capital for their partnership throughout this acquisition process as we continue to pursue new opportunities in Southern and Western Europe.”

Bain Capital has extensive experience across hospitality at both the corporate and asset level, with a European track record of 8,200 keys across 54 properties in seven countries.

Advisors
Bain Capital: Karatza Partners (Legal)
Hotel was operated by SWOT Hospitality under Bain Capital ownership.
Fattal Hotels: Zepos & Yannopoulos (Legal) and EY (Financial)

About Cora Resort and Spa
Cora Resort and Spa is a five-star, 181-room resort located in Afytos, Chalkidiki, Greece, offering multiple restaurants and bars and a dedicated wellness centre.

About Fattal Hotels Group 
Fattal Hotels is a rapidly growing international hotel group that owns and operates over 320 hotels across more than 120 destinations worldwide, encompassing over 55,000 rooms. With a strong presence in 21 countries, including Germany, the UK & Ireland, Poland, Israel, Spain, the Netherlands, Austria, Italy, Greece, Cyprus, and France, the group continues to expand its global footprint across fantastic locations.

Fattal Hotels offers a diverse portfolio of accommodations, featuring leading brands such as Leonardo Hotels, Leonardo Royal Hotels, NYX lifestyle hotels, and all-inclusive resorts under the Leonardo banner. Additionally, its Leonardo Limited-Edition collection showcases a selection of uniquely curated and beautifully designed hotels, and Master collection of serviced apartments.

About Bain Capital 
Founded in 1984, Bain Capital is one of the world’s leading private investment firms. We are committed to creating lasting impact for our investors, portfolio companies, and the communities in which we live. As a private partnership, we lead with conviction and a culture of collaboration, advantages that enable us to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Our global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. In these focus areas, we bring deep sector expertise and wide-ranging capabilities. We have 24 offices on four continents, more than 1,900 employees, and approximately $205 billion in assets under management. To learn more, visit baincapital.com. Follow @BainCapital on LinkedIn and X (Twitter).

 

Media Contacts

 

 Charlyn Lusk (646) 502 3549 clusk@stantonprm.com

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KKR Increases Ownership Stake in Altavair

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KKR

NEW YORK & SEATTLE–(BUSINESS WIRE)– KKR, a leading global investment firm, and Altavair, a leader in commercial aviation leasing and financing, today announced a definitive agreement under which KKR will increase its ownership stake in Altavair and its sister company, AV AirFinance. KKR will fund the investment from its balance sheet.

The new investment deepens the long-term strategic partnership between KKR and Altavair, which invests across the global leased aircraft market. KKR-managed funds have committed more than $5 billion to aircraft leasing and lending transactions since the strategic partnership launched in 2018.

“We are pleased to build on our long-standing relationship with Altavair and reinforce our commitment to the aviation sector, which is an important area of opportunity for our Asset-Based Finance strategy,” said Daniel Pietrzak, Partner and Global Head of Private Credit at KKR. “We look forward to supporting Altavair further with our long-term capital as it continues to meet the evolving fleet needs of airlines and operators around the world.”

“Commercial aircraft assets have proved to be highly resilient across market cycles, supported by long-term demand for global air travel and strong contractual protections,” said Brandon Freiman, Partner and Head of North American Infrastructure at KKR. “Altavair is well positioned to execute at scale across the aviation ecosystem, and we are pleased to expand our partnership as the platform continues to grow.”

Altavair CEO Steve Rimmer said, “I am delighted to deepen our strategic partnership with KKR, and we appreciate the continued trust that this investment demonstrates. Our working relationship has developed and matured over the last 7 years, and KKR’s skillsets, expertise and market knowledge have been integral to helping grow Altavair into the successful platform that it is today.”

To support Altavair’s next phase of growth, Matthew Hoesley, Chief Commercial Officer, will expand his remit to become President & Chief Commercial Officer of Altavair, and Andrew Carpenter, Head of Tax & Accounting, will become Chief Financial Officer of Altavair.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

About Altavair

Altavair L.P. is an aviation asset manager focusing on the acquisition of new and used commercial aircraft for leasing to domestic and international passenger airlines and cargo operators. Since its inception in 2003, Altavair has completed over $14.5 billion in commercial aircraft lease transactions with over 80 airline customers in 50 countries representing over 300 individual Boeing and Airbus aircraft. Altavair maintains offices in Seattle, Dublin, London, and Singapore. For more information, please visit www.altavair.com.

Lauren McCranie
media@kkr.com

Source: KKR

 

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Trustmoore announces strategic partnership with IK Partners to support next phase of growth

IK Partners

Trustmoore (“the Company”), an international fund and corporate services provider, today announces that it has entered into a strategic partnership with IK Partners (“IK”), a leading European private equity firm. IK will invest in the Company through its IK Small Cap IV Fund (“IK SC IV”), acquiring a majority stake. The active founders will reinvest significantly in the business alongside the existing management team. Financial terms of the transaction have not been disclosed and completion is subject to regulatory approvals.

Founded in 2005 and headquartered in Amsterdam, the Netherlands, Trustmoore is a boutique Fund and Corporate Services platform offering a comprehensive range of integrated solutions across four core areas: Fund Services, Corporate Services, Capital Markets and Private Clients. The Company benefits from strong competitive positioning and a well-established reputation for delivering high-quality, client-centric services.

Trustmoore serves a loyal and diversified base of reputable clients across 10 jurisdictions, with a substantial presence in Luxembourg and the Netherlands. The Company currently employs over 275 professionals across its offices and provides services to over 850 client groups.

A strategic step to support long-term growth

As client requirements continue to evolve, Trustmoore recognises the importance of partnering with an investor that shares its long-term vision as well as a commitment to delivering high-quality services and investing in its people.

Through its partnership with IK, the Company will be able to accelerate its development, building on strong organic momentum and executing targeted add-on acquisitions to enhance its capabilities and expand its service offering. Leveraging IK’s extensive experience in Financial Services and its proven track record of successfully executing buy-and-build strategies, built through a range of  partnerships including with  Vistra Group (Benelux), Advisense (Nordics), Qconcepts (Benelux), Dains (UK), Valoria Capital (France), Aspia (Nordics) and Yellow Hive (Benelux), Trustmoore is also well positioned to capitalise on opportunities within the growing global funds, corporate services and capital markets industry. Alongside this, the Company will continue to invest in its people, processes and technology.

Continuity for clients

Continuing to operate under its existing brand, strategy and leadership, with day-to-day services and client teams remaining unchanged, Trustmoore’s boutique mindset and client-first approach will be maintained. For clients, the partnership with IK is intended to reinforce the Company’s ability to deliver consistently high-quality, personal service, while providing greater capacity to support clients as they grow and face increasing complexity.

Steven Melkman and Roland Beunis, Founders of Trustmoore said “Over the past 20 years, Trustmoore has grown into a differentiated platform built on specialist expertise, personal service and a strong boutique mindset. As our clients’ needs continue to evolve and the market consolidates, it was important for us to find a partner that shared our long-term vision, commitment to quality and client-first approach. In IK, we have found exactly that. Its deep sector expertise and proven track record of supporting Financial Services businesses make IK the right partner to support the next phase of Trustmoore’s growth, while continuing to invest in our people and platform.”

Wouter Plantenga, CEO of Trustmoore, added: “Partnering with IK supports our ambition to build a stronger, more scalable platform while preserving Trustmoore’s core strengths. IK’s investment will enable us to further grow our organisation and significantly expand our capabilities and capacity. As a result, we will be even better positioned to support clients through growth, increasing regulatory complexity and cross-border activity, while maintaining the personalised service and specialist expertise they expect from Trustmoore. I look forward to working with the IK team during the next phase of our Company’s journey”.

Onne Tjerkstra, Partner at IK and Advisor to the IK SC IV Fund, commented: “Trustmoore has developed a high-quality platform that combines specialist expertise with a strong focus on personalised service across its core markets. We have been impressed by the founders’ strategic vision, the strength of the management team and the Company’s ability to grow organically against a backdrop of increasing regulatory complexity, while expanding into new jurisdictions and service lines. We look forward to partnering with the founders, Wouter and their team to support Trustmoore through its next phase of growth, capitalising on structural market tailwinds, executing an accelerated buy-and-build strategy and driving continued operational excellence.”

If you have any further questions, please contact:

Trustmoore
Pieter Ottevanger
Phone: +31 20 471 2707
pieter.ottevanger@trustmoore.com

IK Partners
Vidya Verlkumar
Phone: +44 (0)7787 558 193
vidya.verlkumar@ikpartners.com

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Bain Capital Successfully Completes $4 Billion Strategic Sale of WinTriX’s China Business

BainCapital

Beijing, January 16, 2026 — Bain Capital, a leading global private investment firm, today announced the successful completion of the sale of the China business of its data center portfolio company WinTriX DC Group (hereinafter “Chindata”) to a consortium led by Shenzhen Dongyangguang Industry Co., Ltd. (hereinafter “HEC”). The transaction, which values the business at approximately $4 billion, represents the largest transaction in the history of China’s data center industry.

The completion of the transaction marks a successful collaboration between Bain Capital and HEC, further underscoring strong industry confidence in the long-term growth potential of China’s digital infrastructure. Since Bain Capital’s initial investment in 2018, Chindata has grown into one of China’s leading hyperscale data center platforms, playing a critical role in supporting the rapid development of artificial intelligence, big data, and cloud computing.

“We are pleased to see this landmark transaction successfully completed,” said Drew Chen, a Partner at Bain Capital. “Chindata’s growth journey reflects Bain Capital’s long-term commitment to building and scaling category-leading businesses in partnership with strong management teams. We believe that HEC will build on this strong foundation and continue to advance Chindata into its next phase of growth.”

About Bain Capital
Founded in 1984, Bain Capital is one of the world’s leading private investment firms. We are committed to creating lasting impact for our investors, teams, businesses, and the communities in which we live. As a private partnership, we lead with conviction and a culture of collaboration, advantages that enable us to innovate investment approaches, unlock opportunities, and create exceptional outcomes. Our global platform invests across five focus areas: Private Equity, Growth & Venture, Capital Solutions, Credit & Capital Markets, and Real Assets. We have 24 offices on four continents, more than 1,945 employees, and approximately $215 billion in assets under management.

 

Media Contact

Asia / China

Zhen Trudy Wang

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Ardian signs an agreement to acquire a stake in IVB Wellness Lab, a fast‑growing and innovative supplements brand in Spain

Ardian

With this investment, the Growth team at Ardian partners with IVB’s founding team and existing minority shareholder Label Capital to accelerate IVB’s expansion in Spain and across Europe and support its product innovation strategy.

IVB Wellness Lab (“IVB”), a leading Spanish company in the research, development and distribution of science‑backed dietary supplements, welcomes Ardian, a global private investment firm, as a minority shareholder.

Founded in 2021 by Dr. Isabel Viña Bas, Valerio Soto Ferri, and Carlos Viña Bas, IVB has established itself as one of Spain’s most dynamic dietary supplement brands operating in a market driven by sustainable consumer trends around lifestyle and healthcare. Headquartered in Valencia, IVB differentiates through specific ingredient sourcing and a unique approach including clinical oversight and hospital partnerships.

Built on an asset‑light model, IVB offers a variety of products spanning essential dietary supplements (e.g., magnesium, omega 3) and advanced formulations targeting areas of general wellness such as women’s health. Initially launched as a digital‑first D2C (direct-to-consumer) brand, IVB has developed a strong and engaged community, and experienced industry-leading revenue growth. IVB has also quickly expanded into the pharmacy channel, already reaching c.2,000 pharmacies across Spain.

This partnership marks an important milestone in IVB’s growth journey, aiming to scale its operations in Spain, reinforce data-driven D2C growth, support its international expansion and strengthen its innovation capabilities.

Ardian will closely work with the co-founders and management team and leverage its expertise in scaling high‑growth consumer and health businesses to strengthen IVB’s commercial and operational foundations.
The transaction is expected to close in Q1 2026.

“IVB Wellness Lab stands out with product innovation designed to meet specific consumer needs, leveraging a strategic omnichannel distribution. We are proud to partner with this seasoned, ambitious and complementary founding team, to support IVB in achieving its growth objectives in Spain and abroad, leveraging Ardian’s talent network, health & digital expertise and international resources.” Alexis Saada, Head of Growth & Senior Managing Director, Ardian and Frédéric Quéru, Managing Director, Ardian.

“Since its inception, IVB has been redefining its category with unique science-anchored formulations, an authentic and highly engaged community and disciplined omnichannel execution. We’re excited to partner with Ardian on this next phase as they will bring valuable expertise to further support IVB’s European development.” Eléonore Oudea, Founding Partner, Label Capital and Gaspard de Sarnez, Founding Partner, Label Capital.

“We are extremely proud of how IVB Wellness Lab has evolved, driven by product excellence, scientific research, community engagement and disciplined execution. Partnering with Ardian marks a pivotal milestone for IVB and allows us to strengthen our foundations while accelerating our ambition in Spain and abroad. We look forward to building a long-term partnership that supports sustainable growth and preserves our mission that people “know more, fear less, and choose better”.” Isabel Viña, Valerio Soto & Carlos Viña, Co-Founders, IVB Lab.

List of participants

  • Ardian

    • Growth investment team: Alexis Saada, Frédéric Quéru, Alexandra Da Silva, Michelle Stitz, Noa Amzallag
    • Corporate lawyers: Garrigues Madrid (José Luis Ortín Romero, Luis Enrique Mata Palacios, Marta Ocón Barceló)
    • Financial due diligence: Eight Advisory (Christophe Delas, Gennat Mouline, Ilyas El Guermat, Armelle Pasquier)
    • Legal, labor and tax due diligence: Eight Advisory (Barbara Jouffa, Guillaume Rembry, Henriette Barrois, Lucie Goeller, Lucie Vernières)
    • Strategic due diligence: Digital Value (Arnaud de Baynast, Paul‑Henri Magnien, Youssef Meskine, Margarita Ichazo)

  • Label Capital

    • Label Capital: Véronique Morali, Eléonore Oudea, Gaspard de Sarnez, Gauthier Leyne
    • Corporate lawyers: White & Case (Simon Martin‑Gousset), Mayer Brown (Jean-Philippe Coiffard), EY (Javier Bustillo, Manuel Paz, Santiago Lopez)

  • IVB Wellness Lab

    • Co-founders: Isabel Viña Bas, Valerio Soto Ferri, Carlos Viña Bas
    • Corporate lawyers: Garrigues Valencia (Alejandro Micó Llorens, Paula Crespo, Ester García Camps)
    • Financial advisors: Alvarez & Marsal (Cédric Zana, Baptiste Rideau, Yassine Benslimane)

About Ardian

In a world of constant evolution, Ardian stands out for its ability to anticipate, adapt, and turn challenges into opportunities. As a global, diversified private markets firm with 22 offices and more than 350 investment professionals worldwide, we provide investment and customized solutions that reflect new economic dynamics and help our clients remain resilient in a changing world.
We deliver multi-local expertise and long-term performance for our investors and partners as well as shared value for the broader society. Since Ardian’s inception in 1996, our pioneering approach to diversification and our ability to offer tailor-made solutions at scale have remained the heart of our strategy.
Through commitment, knowledge and technology, we bring lasting value to our companies and contribute positively to the whole industry.
Ardian currently manages or advises $196bn for more than 1,890 clients worldwide across Private Equity, Real Assets, and Credit.
Ardian. Mastering change for lasting value.

www.ardian.com

About Label Capital

Label Capital is a Paris-based growth equity firm investing in the next generation of category-defining consumer brands across Europe and the US. We partner with founders improving daily life through superior products, brands & communities.

www.label-capital.com

About IVB Wellness Lab (“IVB”)

IVB Wellness Lab is an advanced, science-based supplementation laboratory focused on metabolic health, hormonal balance, and general well-being. Founded by Isabel Viña Bas, a medical doctor and researcher, the company was built with a clear objective: to help people understand what is happening in their bodies and to empower them to make better health decisions through education and targeted solutions. Guided by its mission: “know more, fear less, and choose better ” IVB Wellness Lab places scientific rigor and education at the center of its model. To ensure real-world impact, the company has an omnichannel strategy and works mainly through healthcare professionals such as pharmacies, physicians, and nutritionists, offering differentiated solutions for everyday health challenges.

www.ivbwellness.com

Press contacts

Ardian

Headland

ardian@headlandconsultancy.com 

Label Capital

contact@label-capital.com 

IVB WELLNESS LAB

María Fernández

mariafprensa@gmail.com+34606028842

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Platinum Equity Invests in Tongrun International

Platinum

Tongrun to leverage Platinum’s operations capabilities and sector expertise in energy resilience and data center end markets

LOS ANGELES (January 15, 2026) – Platinum Equity announced today an investment in Tongrun International, a precision contract manufacturer and provider of value-added services that delivers high-quality sheet metal solutions. Financial terms were not disclosed.

Founded in 2012 and headquartered in Bonham, Texas, Tongrun provides end to end contract manufacturing solutions to blue chip customers across a diversified mix of high growth sectors.

“Tongrun sits at the center of several powerful long term trends, especially the unprecedented investment in data centers and AI infrastructure. Its ability to pair front end design and prototyping with highly scalable domestic and international manufacturing makes the company an essential partner to the world’s most sophisticated OEMs. ”

Jacob Kotzubei, Co-President, Platinum Equity

Tongrun specializes in fabricating custom metal products — including cabinets, enclosures and racking solutions — for data centers, power generation, telecommunications, medical, gaming, and food and beverage applications. The company offers product design, design for manufacturability, precision manufacturing, assembly, kitting and logistics services.

“Tongrun sits at the center of several powerful long term trends, especially the unprecedented investment in data centers and AI infrastructure,” said Platinum Equity Co President Jacob Kotzubei. “Its ability to pair front end design and prototyping with highly scalable domestic and international manufacturing makes the company an essential partner to the world’s most sophisticated OEMs. With demand accelerating and customers seeking partners that can grow with them, Tongrun is exceptionally well positioned for its next chapter.”

Tongrun has built a robust manufacturing platform capable of supporting highly technical mechanical design through large scale production. The company prides itself on the ability to tailor supply-chain strategies to each customer program and offers a combination of domestic and international production capacity to optimize for cost, speed, and geography.

Demand from the power generation and data center sectors continues to drive increasing order volumes, including for electrical component enclosures used in the buildout of AI infrastructure. The company’s end market customers include some of the world’s largest technology firms, which have announced more than $1 trillion in data center investment with build plans stretching well into the next decade. With meaningful capacity and identified expansion opportunities, Tongrun is positioned to support its current customer base while capitalizing on significant incremental growth.

Tongrun founder and President Brandt Strieby, who retained a significant equity stake in the business, will continue to lead the company going forward.

“Partnering with Platinum Equity represents an exciting opportunity to double down on our accelerating growth trajectory through a strong, collaborative relationship,” said Strieby. “Together, Tongrun and Platinum Equity will drive expansion while maintaining our core focus on manufacturing excellence and unmatched customer service.”

Platinum Equity has deep experience in domestic and international manufacturing operations and in the end markets Tongrun serves. The firm’s current portfolio includes Rehlko (formerly Kohler Energy), a global leader in energy resilience solutions. Platinum Equity also previously owned Vertiv, a global leader in critical digital infrastructure for data centers and communications networks.

“Tongrun has a robust pipeline, an expanding customer base, and a thoughtful plan for scaling capacity, while also needing investment and assistance with execution to fully seize the opportunity in front of it,” said Platinum Equity Managing Director Nick Fries. “We see tremendous potential to expand the company’s production footprint, enhance its operational capabilities, and accelerate growth both organically and through targeted add‑on acquisitions that can broaden Tongrun’s capacity, capabilities and customer reach.”

G2 Capital Advisors, LLC served as financial advisor and Foley & Lardner LLP served as legal counsel to Tongrun’s shareholders on the sale to Platinum Equity. O’Melveny & Myers LLP served as legal counsel to Platinum Equity.

About Platinum Equity

Founded in 1995 by Tom Gores, Platinum Equity is a global investment firm with approximately $50 billion of assets under management and a portfolio of approximately 60 operating companies that serve customers around the world. Platinum Equity specializes in mergers, acquisitions and operations – a trademarked strategy it calls M&A&O® – acquiring and operating companies in a broad range of business markets, including manufacturing, distribution, transportation and logistics, equipment rental, metals services, media and entertainment, technology, telecommunications and other industries. Over the past 30 years Platinum Equity has completed more than 500 acquisitions.

About Tongrun International

Tongrun International is a leading precision sheet metal contract manufacturing platform delivering high-quality engineered solutions through a differentiated, end-to-end manufacturing model. The company’s integrated approach combines design-for-manufacturability expertise with comprehensive production capabilities to support global customers across high-growth sectors. www.tongruninternational.com

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KKR Completes US$2.5 Billion Asia Private Credit Fundraise

KKR

HONG KONG–(BUSINESS WIRE)– KKR, a leading global investment firm, today announced the completion of a US$2.5 billion fundraise focused on committing capital to privately originated performing credit investments in Asia Pacific. The fundraise includes US$1.8 billion in KKR Asia Credit Opportunities Fund II (“ACOF II” or the “Fund”) and US$700 million raised from separately managed accounts focused on the same types of investment opportunities.

At close, the Fund is the largest pan-regional performing private credit fund in Asia Pacific. This closely follows KKR’s inaugural Asia Pacific-dedicated private credit fund, KKR Asia Credit Opportunities Fund, which closed at US$1.1 billion in 2022 as the largest inaugural pan-regional fund focused on performing credit. KKR’s Asia Credit platform has signed 10 investments through ACOF II representing US$1.9 billion in KKR commitments, including other pools of capital, and a total transaction volume of US$4.6 billion.

Diane Raposio, Partner and Head of Asia Credit & Markets at KKR, said “Asia is a key pillar of KKR’s global credit strategy. The close of ACOF II demonstrates the breadth and scale we have built across our Asia credit platform, spanning both private and liquid markets. We are seeing growing investor demand for allocation to credit in the region. Our pan-Asia approach and ability to leverage the broader KKR Asia platform uniquely positions us to continue sourcing and executing interesting opportunities across the region for our investors.”

KKR’s Asia Credit platform seeks to provide bespoke private credit solutions to companies and sponsors which harness the strength of KKR’s investment capabilities and its expertise as one of the largest credit managers globally. The Asia Credit team leverages KKR’s local and global resources to source, diligence, and execute investment opportunities to provide borrowers with customized financing and value creation potential while ensuring lender capital protections. Like its predecessor, ACOF II will pursue investments in performing privately originated credit and target opportunities across three primary investing themes, including senior and unitranche direct lending, capital solutions, and collateral-backed investments.

SJ Lim, Managing Director and Head of Asia Private Credit at KKR, said “Private credit remains a relatively nascent yet compelling opportunity across the region. We see strong demand for private credit as an important tool for sponsors or corporates seeking flexible financing solutions and bespoke, partnership-oriented capital to support growth and meet their diverse needs. Our performing credit strategy is based on the same long term structural themes such as rising consumption, urbanization and digitalization that have underpinned the growth of private markets in Asia.”

The Fund received strong support from a diverse group of new and existing investors, including insurance companies, public and corporate pension funds, sovereign wealth funds, family offices, banks, corporates, and asset managers.

In Asia Pacific, KKR has closed over 60 investments through its Asia Credit strategy since 2019, accounting for approximately US$8.3 billion invested by KKR and total transaction value of US$27.5 billion. This has included providing acquisition financing and bespoke capital solutions for companies and financial sponsors in the healthcare, education, real estate, logistics, and infrastructure sectors. KKR targets credit investments in Australia, Greater China, India, Japan, Korea, New Zealand, and Southeast Asia.

Over the past two decades KKR has built one of the largest credit investment platforms globally with the ability to invest across the capital structure and liquidity spectrum. These capabilities are paired with KKR’s approach to proprietary sourcing, capital preservation, and active portfolio management to seek out long-term capital appreciation and attractive risk-adjusted returns. Today, KKR manages approximately US$282 billion of credit assets globally, including approximately US$143 billion in leveraged credit, approximately US$131 billion in private credit, and approximately US$8 billion in strategic investments, as of September 30, 2025. KKR has a team of approximately 250 credit investment professionals across 12 offices globally.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

Media Contact
Wei Jun Ong
Media@kkr.com

Source: KKR

 

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KKR Announces Strategic Partnership With RWE to Realise UK Offshore Windfarms

KKR

Project to deliver c.3GW of new UK offshore wind capacity and support national decarbonisation goals

LONDON & ESSEN, Germany–(BUSINESS WIRE)– KKR, a leading global investment firm, and RWE, one of the global leading renewable energy companies, today announced a strategic partnership to jointly realise RWE’s UK Norfolk Vanguard East and Norfolk Vanguard West offshore wind projects. The two new wind farms will have a combined generation capacity of approximately 3GW.

KKR and RWE will establish a 50:50 joint venture to build and operate the two windfarms, which require over $15bn of total development and capital expenditure to make the windfarms operational by 2029 and 2030 respectively. Together, the offshore wind projects are expected to be able to power over 3 million UK homes with clean energy, further contributing to the UK government’s goal of doubling offshore wind capacity over the next 10 years.

A leading supplier of renewables with a 125-year history in electricity production, RWE has a broad portfolio of renewables and flexible generation capacity, and is Germany’s and the UK’s largest power producer. RWE is the second largest player in offshore wind globally, and owns 19 operational offshore wind farms throughout Europe.

Offshore wind is a key pillar of the UK’s energy system, supplying around 20% of the country’s electricity and underpinning the target of reaching up to 50GW of capacity by 2030. The new windfarms will be located approximately 50 to 80km off the UK’s East Anglia coast in the North Sea and will comprise 184 turbines, offshore substations, and a connection to the National Grid.

Commenting on the announcement, Vincent Policard, Co-Head of European Infrastructure at KKR, said: “We are delighted to be forming this strategic partnership with RWE, a proven leader in offshore wind with an exceptional track record of developing high-quality projects. This investment underscores our conviction in the long-term importance of UK renewables and the central role offshore wind will play in advancing the country’s energy transition. By leveraging our complementary strengths – RWE’s world-class development expertise and KKR’s expertise in investing and owning large scale construction and renewable projects – we are helping deliver a significant addition to the UK’s future offshore wind capacity and support the UK in its decarbonisation journey.”

Sven Utermöhlen, CEO of RWE Offshore Wind: “We are pleased with the successful outcome of AR7 and are delighted to join forces with KKR as our strategic partner in the Norfolk Vanguard East and Norfolk Vanguard West offshore wind projects. By combining KKR’s investment know-how in large-scale, complex infrastructure projects with RWE’s extensive offshore wind expertise, we are well positioned to jointly realise these major projects.”

Shreya Malik, Managing Director in KKR’s European Infrastructure team, added: “KKR has built one of the largest renewable energy portfolios globally with a pipeline of over 50GW across its portfolio. We bring a full operational and financing toolkit that is designed to support the delivery of large-scale renewable projects alongside strategic partners like RWE. Our partnership model combines KKR’s know-how in executing on large scale complex infrastructure projects with leading industrial capabilities to accelerate the build-out of critical clean-energy infrastructure. RWE is one of the most respected offshore wind developers, and we are proud to partner with them on this milestone project.”

KKR has extensive experience in investing behind the energy transition with a strong focus on renewable and transition-related assets globally. Since 2011, KKR’s Infrastructure platform has committed more than $31 billion into energy transition and renewables infrastructure globally. KKR’s portfolio also includes over 10 renewable energy developers. In 2024, KKR invested in Encavis, a German renewable energy platform that owns and operates a diversified portfolio of onshore wind farms across multiple European countries. Previous investments have also included the acquisition of a controlling stake in European renewables developer Greenvolt, and a majority equity investment in U.S. solar and storage developer Avantus.

Both projects have received an allocation for Contract for Difference in the UK’s Allocation Round 7 awards, announced today. The completion of the transaction is subject to customary closing conditions.

KKR is funding the investment through capital accounts advised by KKR.

About KKR

KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

About RWE

RWE is leading the way to a modern energy world. With its investment and growth strategy, RWE is contributing significantly to the success of the energy transition and the decarbonisation of the energy system. Around 20,000 employees work for the company in almost 30 countries worldwide. RWE is one of the leading companies in the field of renewable energy. RWE is investing billions of euros in expanding its generation portfolio, in particular in offshore and onshore wind, solar energy and batteries. It is perfectly complemented by its global energy trading business. Thanks to its integrated portfolio of renewables, battery storage and flexible generation, as well as its broad project pipeline of possible new builds, RWE is well positioned to address the growing global demand for electricity, particularly driving by further electrification and artificial intelligence. RWE is decarbonising its business in line with the 1.5-degree reduction pathway and will phase out coal by 2030. RWE will be net zero by 2040. Fully in line with the company’s purpose – Our energy for a sustainable life.

For more information contact Liidia Liuksila (KKR) at media@kkr.com.

Source: KKR

 

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CVC DIF has entered exclusive negotiations to acquire a significant majority stake in Celeste

CVC|DIF
  • CVC DIF to acquire a c.88% stake in Celeste, a French B2B digital infrastructure operator, serving more than 20,000 businesses and 3,000 municipalities across France and Switzerland
  • CVC DIF will support Celeste in accelerating its development, by expanding its cloud and cybersecurity activities and continuing to strengthen and densify its infrastructure network
  • The investment marks CVC DIF’s first investment from its latest Value Add fund, which invests in companies with strong competitive positions, offering significant growth potential, mostly in digital, energy transition, sustainable transport and healthcare sectors

CVC DIF, the infrastructure business of leading global private equity manager CVC, has entered exclusive negotiations to acquire a c.88% stake in Celeste, from Infravia.

Headquartered near Paris, Celeste is a French B2B digital infrastructure operator. The company was founded in 2001, and provides end-to-end digital infrastructure solutions to companies and public-sector organisations across connectivity, hosting and cloud, and cybersecurity services.

Celeste serves more than 20,000 businesses and 3,000 municipalities in France and Switzerland, relying on a fully owned and operated infrastructure platform comprising 13,600km of proprietary fibre network and six data centers. The company is recognised for the quality and reliability of its services and fully controls its value chain. The actual ownership of the infrastructure assets represents a key competitive advantage in the digital infrastructure market, where Celeste stands out as one of the few fully integrated alternative operators.

CVC DIF, through its DIF Value-Add IV fund, has agreed to acquire a majority stake in Celeste. As part of the transaction, Nicolas Aubé, founder and CEO, and the management team will reinvest their proceeds into a significant minority stake, ensuring strong alignment with CVC DIF. Infravia Capital Partners will fully exit its investment following the completion of the transaction.

Following the planned transaction, CVC DIF will support Celeste in accelerating its development, with a particular focus on expanding its cloud and cybersecurity activities while continuing to strengthen and densify its infrastructure network. This investment will enable Celeste to further deploy its integrated, end-to-end offering in a market where demand for fibre connectivity, data usage and cybersecurity solutions is expected to grow significantly over the coming years.

Quotes

Our investment in Celeste underlines our expertise and focus on resilient digital infrastructure which provide companies with critical services.

Willem JansoniusManaging Partner at CVC DIF and Head of DIF Value-Add strategy

Willem Jansonius, a Managing Partner at CVC DIF and Head of DIF Value-Add strategy, commented: “Our investment in Celeste underlines our expertise and focus on resilient digital infrastructure which provide companies with critical services. Celeste’s solid proprietary network, integrated resilient model and best-in-class quality of services gives the company a highly attractive competitive positioning. We look forward to working closely with Celeste management to support their exciting growth story over the year ahead.”

Nicolas Aubé, CEO & Founder of Celeste, said: “We look forward to the next chapter of our growth journey with CVC DIF. CVC DIF is a highly experienced infrastructure investor with a deep understanding of the fibre and cloud sectors. Their support will enable Celeste to pursue its expansion, accelerate market consolidation and continue to deliver secured, resilient and high-performance digital infrastructure services to our clients.”

The transaction will require the completion of the information and consultation process with the relevant French employee representative bodies and remains subject to the satisfaction of customary conditions precedent. Completion is expected in Q1 2026.

CVC DIF is advised by Oddo BHF (financial advisor), De Pardieu (legal advisor), 8 Advisory (finance and tax advisor), Phora Capital (commercial advisor), Tactis (technical advisor) and Aon (insurance advisor).

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