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Sterling Group seals exit of aerial lift maker Time to buyout major HIG Capital

Sterling Group has sold aerial lift maker Time Manufacturing to fellow private equity house HIG Capital after four years in its portfolio. Time has made nine aquisitions and added distribution hubs across Europe and in

Advent, Cinven complete €17.2bn Thyssenkrupp elevator unit buyout signed before Covid-19 pandemic

Global private equity giants Advent and Cinven have closed their €17.2bn takeover of Thyssenkrupp's sought-after elevators business, one of the biggest buyout deals to be completed since full force of the coronavirus pandemic struck.

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