24 Nov, 2023

Deal Wrap: Nene Capital buys Motor Technical Services; Mutares to acquire Prinz

Deal Wrap is updated as of 4 p.m. ET.

– Nene Capital Ltd. acquired Wellingborough, UK-based engineering company Motor Technical Services Ltd.

– Mutares SE & Co. KGaA agreed to acquire Prinz Kinematics GmbH, a global automotive supplier of kinematic systems, from AL-KO Kober SE. The transaction is expected to close in the fourth quarter.

– Expedition Growth Capital and EIFO invested $16 million in Factbird, a supplier of manufacturing intelligence solutions.

For further private equity deals, read our latest "In Play" report, which looks at potential private equity-backed M&A, including rumored transactions, each week.