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                        <div class="page-title-content">
                            <h1>Transactions</h1>
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        <section class="transactions main">
        <div class="contain">
                            
                
                
                
                                                    
                
                
                
                                    <h3>
                        Transactions found for:
                                                Business Services                    </h3>
                                
            <div class="transaction-slide-rail">
                                    <ul class="transaction-list">
                                                                                    
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/white-rose-complete-logo-0-640w.png" title="White Rose Beauty Colleges" alt="Image of White Rose Beauty Colleges Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Learning-Curve.png" title="Learning Curve Group" alt="Image of Learning Curve Group Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/rob-burden">Rob Burden</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/karen-edwards">Karen Edwards</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/rory-crossen">Rory Crossen</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to White Rose Beauty Colleges on its sale to Learning Curve Group</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-white-rose-beauty-colleges-on-its-sale-to-learning-curve-group">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Sweden" class="flag-sweden"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Infrakraft.png" title="Infrakraft" alt="Image of Infrakraft Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Trill-Impact.png" title="Trill Impact" alt="Image of Trill Impact Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/oscar-coster">Oscar Coster</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/henrik-falkenby">Henrik Falkenby</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/felix-hansson">Felix Hansson</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Infrakraft on its sale to Trill Impact</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-infrakraft-on-its-sale-to-trill-impact">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/IFG.png" title="IFG" alt="Image of IFG Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/THI.png" title="THI" alt="Image of THI Company Logo"/>
                            </div>
            <div class="action">from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Bridges.png" title="Bridges" alt="Image of Bridges Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/rob-burden">Rob Burden</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/mark-maunsell">Mark Maunsell</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/chris-smith">Chris Smith</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/dan-shrimpton">Dan Shrimpton</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/lachlan-dorrity">Lachlan Dorrity</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/james-walker">James Walker</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/charlotte-cockerill">Charlotte Cockerill</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to the shareholders of IFG on its sale to THI</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/thi-investments-acquires-impact-food-group-from-bridges">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/123198/SPS-logo.png" title="SPS Group" alt="Image of SPS Group Company Logo"/>
                            </div>
            <div class="action">on the sale of</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/ISS-Labour-UV.png" title="ISS Labour" alt="Image of ISS Labour Company Logo"/>
                            </div>
            <div class="action">to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Private-Investors.png" title="Private Investors" alt="Image of Private Investors Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/marcus-archer">Marcus Archer</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/paul-finlayson">Paul Finlayson</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/tom-kaye">Tom Kaye</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to SPS Group on its sale of ISS Labour to Private Investors</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-sps-group-on-its-sale-of-iss-labour-to-private-investors">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/logo-palatine_black.png" title="Palatine" alt="Image of Palatine Company Logo"/>
                            </div>
            <div class="action">sold</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/CTS-Group-logo.png" title="CTS Group" alt="Image of CTS Group Company Logo"/>
                            </div>
            <div class="action">to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/oakley.png" title="Oakley Capital" alt="Image of Oakley Capital Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/marcus-archer">Marcus Archer</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/sarah-taylor">Sarah Taylor</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/mark-gillingham">Mark Gillingham</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/dani-patel">Dani Patel</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/vickesh-patel">Vickesh Patel</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/niamh-murphy">Niamh Murphy</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Palatine on the sale of CTS Group to Oakley Capital</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-palatine-on-its-sale-of-cts-group-to-oakley-capital">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Denmark" class="flag-denmark"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/DKI-Logistics-Group-HD.png" title="DKI Logistics" alt="Image of DKI Logistics Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Rhenus-Logistics-HD.png" title="Rhenus Group" alt="Image of Rhenus Group Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/carsten-rydahl">Carsten Rydahl</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/jesper-pedersen">Jesper Pedersen</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/steffen-helk">Steffen Helk</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to DKI Logistics on its sale to the Rhenus Group</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-dki-logistics-on-its-sale-to-the-rhenus-group">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/consumer" title="Consumer">
                            <svg class="icon icon-consumer" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-consumer"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Denmark" class="flag-denmark"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Swim-Fun-logo.png" title="Swim &amp; Fun" alt="Image of Swim &amp; Fun Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Fluidra-logo.png" title="Fluidra" alt="Image of Fluidra Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/lars-thorup-gregersen">Lars Thorup Gregersen</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/morten-bojesen">Morten Bojesen</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Swin &amp; Fun on its sale to Fluidra</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-swim-fun-scandinavia-on-its-sale-to-fluidra">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/116717/Opus-01.png" title="Opus Talent Solutions" alt="Image of Opus Talent Solutions Company Logo"/>
                            </div>
            <div class="action">raised debt facilities from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/HSBC.png" title="HSBC" alt="Image of HSBC Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Debt Advisory</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/chris-smith">Chris Smith</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/hertej-rattan">Hertej Rattan</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/james-savage">James Savage</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Graphite Capital backed Opus Talent Solutions on raising debt facilities from HSBC</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-graphite-capital-backed-opus-talent-solutions-on-raising-debt-facilities-to-support-the-business-global-growth-strategy">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="France" class="flag-france"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/La-Giraffe-Etoilee.png" title="La Girafe Etoilée" alt="Image of La Girafe Etoilée Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/La-Maison-Bleue.png" title="La Maison Bleue" alt="Image of La Maison Bleue Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/benjamin-zayat">Benjamin Zayat</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/marie-cassola">Marie Cassola</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to La Girafe Etoilée on its sale to La Maison Bleue</p>
                                </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/126830/Cooper_Parry-logo.png" title="Cooper Parry" alt="Image of Cooper Parry Company Logo"/>
                            </div>
            <div class="action">on its investment from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Waterland-Private-Equity-logo.png" title="Waterland Private Equity" alt="Image of Waterland Private Equity Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/sarah-taylor">Sarah Taylor</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/tom-barnwell">Tom Barnwell</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/alex-brindley">Alex Brindley</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/hertej-rattan">Hertej Rattan</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/ryan-howarth">Ryan Howarth</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/joshua-gorman">Joshua Gorman</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/constantinos-ellinas">Constantinos Ellinas</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Cooper Parry on its investment from Waterland Private Equity</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-cooper-parry-on-investment-from-waterland-private-equity">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Denmark" class="flag-denmark"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/126674/BHI.png" title="BH International Momsagentur" alt="Image of BH International Momsagentur Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Q8.png" title="Q8" alt="Image of Q8 Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/lars-rau-jacobsen">Lars Rau Jacobsen</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/klaus-hansted">Klaus Hansted</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/jens-holst-stevn">Jens Holst Stevn</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/anders-hein-vrå">Anders Hein Vrå</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to BH International Momsagentur on its sale to Q8</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-has-advised-bh-international-momsagentur-on-its-sale-to-q8">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/tmt" title="TMT">
                            <svg class="icon icon-tmt" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-tmt"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Denmark" class="flag-denmark"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/NTI.png" title="NTI Group" alt="Image of NTI Group Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Axcel-logo-a.png" title="Axcel" alt="Image of Axcel Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/andreas-lauth-lauridsen">Andreas Lauth Lauridsen</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/casper-bech-christensen">Casper Bech Christensen</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/mads-christian-kjærgaard-hansen">Mads Christian Kjærgaard-Hansen</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/kasper-hedegaard">Kasper Glavind Hedegaard</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to NTI on its sale to Axcel</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-nti-group-on-its-sale-to-axcel">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/industrials-and-chemicals" title="Industrials &amp; Chemicals">
                            <svg class="icon icon-industrials-and-chemicals" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-industrials-and-chemicals"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Portugal" class="flag-portugal"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Montaco.png" title="Montaco" alt="Image of Montaco Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Phyxius.png" title="Phyxius" alt="Image of Phyxius Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/rui-miranda">Rui Miranda</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/afonso-lima">Afonso Lima</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/filipa-fontão">Filipa Fontão</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Montaco on its sale to Phyxius</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-the-shareholders-of-montaco-on-its-sale-to-phyxius">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Elements.png" title="Elements" alt="Image of Elements Company Logo"/>
                            </div>
            <div class="action">scenario modelling</div>
            <div class="company">
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Financial Modelling</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/marcus-archer">Marcus Archer</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/charloe-forshaw">Charlie Forshaw</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Elements on scenario modelling and forecasting</p>
                                </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/industrials-and-chemicals" title="Industrials &amp; Chemicals">
                            <svg class="icon icon-industrials-and-chemicals" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-industrials-and-chemicals"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="France" class="flag-france"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Sepur-Management.png" title="Management of Sepur" alt="Image of Management of Sepur Company Logo"/>
                            </div>
            <div class="action">on a secondary LBO with the support of</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Cube-Infrastructure.png" title="Cube Infrastructure Managers" alt="Image of Cube Infrastructure Managers Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/jonathan-bursztyn">Jonathan Bursztyn</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/laurent-camilli">Laurent Camilli</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/marie-cassola">Marie Cassola</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to the management of Sepur on its secondary LBO</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-sepurs-management-on-its-secondary-lbo-by-cube-infrastructure-managers">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/124445/harnham-og.png" title="Harnham" alt="Image of Harnham Company Logo"/>
                            </div>
            <div class="action">on its minority investment from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/122456/BGF-2022.png" title="BGF" alt="Image of BGF Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/marcus-archer">Marcus Archer</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/mark-maunsell">Mark Maunsell</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/jonathan-grant">Jonathan Grant</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/andrew-royle">Andrew Royle</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Harnham on its minority investment from BGF</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-harnham-on-its-investment-from-bgf">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Germany" class="flag-germany"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Logo-Waterland.png" title="Waterland Private Equity" alt="Image of Waterland Private Equity Company Logo"/>
                            </div>
            <div class="action">raised finance to support the acquisition of</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/124111/Logo-Duvenbeck.png" title="Duvenbeck Group" alt="Image of Duvenbeck Group Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Acquisition finance</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/heinrich-kerstien">Dr. Heinrich Kerstien</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/khalid-afras">Khalid Afras</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/robin-seidel">Robin Seidel</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/marc-da-fonseca-wollheim">Marc da Fonseca-Wollheim</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Waterland on raising acquisition finance</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-waterland-private-equity-on-raising-finance-to-support-the-acquisition-of-duvenbeck">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Lonsdale.png" title="Lonsdale Capital Partners" alt="Image of Lonsdale Capital Partners Company Logo"/>
                            </div>
            <div class="action">raised debt facilities from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/DunPort-logo.png" title="Dunport" alt="Image of Dunport Company Logo"/>
                            </div>
            <div class="action">to support the investment in</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/123958/Infrata-logo.png" title="Infrata" alt="Image of Infrata Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Acquisition finance</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/chris-smith">Chris Smith</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/lachlan-dorrity">Lachlan Dorrity</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/ben-crowe">Ben Crowe</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/james-savage">James Savage</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Lonsdale Capital Partners on raising debt facilities from Dunport to support the investment in Infrata</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-lonsdale-capital-partners-on-its-investment-in-infrata">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Spain" class="flag-spain"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/109286/Miura-Partners-logo.png" title="Miura Partners" alt="Image of Miura Partners Company Logo"/>
                            </div>
            <div class="action">acquired</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/123737/Ores-Bryan-logo.png" title="Ores &amp; Bryan" alt="Image of Ores &amp; Bryan Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Buy-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/francisco-gonzalez-arconada">Francisco González</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Miura Partners on its acquisition of Ores &amp; Bryan</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-miura-partners-on-its-acquisition-of-ores-bryan">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Traingle-Fire2.png" title="Triangle Fire Systems" alt="Image of Triangle Fire Systems Company Logo"/>
                            </div>
            <div class="action">on its minority investment from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/BGF-logo-smaller_200120_095026.png" title="BGF" alt="Image of BGF Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/rob-burden">Rob Burden</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/mark-maunsell">Mark Maunsell</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/zack-goddard">Zack Goddard</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/christian-pollard">Christian Pollard</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Triangle Fire Systems on its minority investment from BGF</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-triangle-fire-systems-on-its-9m-investment-from-bgf">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/123198/SPS-logo.png" title="SPS" alt="Image of SPS Company Logo"/>
                            </div>
            <div class="action">on the sale to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/123200/pricoa-private-capital-logos-pms-294c-1641913235.png" title="Pricoa Private Capital" alt="Image of Pricoa Private Capital Company Logo"/>
                            </div>
            <div class="action">by</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/121430/LDC_new.png" title="LDC" alt="Image of LDC Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/marcus-archer">Marcus Archer</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/paul-finlayson">Paul Finlayson</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/tom-kaye">Tom Kaye</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/john-haygarth">John Haygarth</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to SPS on its sale to Pricoa Capital Management by LDC</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/sps-secures-investment-partner-to-support-growth-plans">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Sweden" class="flag-sweden"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/123181/Rovalin-and-SMG.png" title="IGN" alt="Image of IGN Company Logo"/>
                            </div>
            <div class="action">sold to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/122695/Nordisk-Bergteknik-logo.png" title="Nordisk Bergteknik" alt="Image of Nordisk Bergteknik Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/tomas-almgren">Tomas Almgren</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/david-hammarström">David Hammarström</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/anton-berzelius">Anton Berzelius</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/alexander-ribrant">Alexander Ribrant</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to IGN on its sale to Nordisk Bergteknik</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-infrastructure-group-nordic-on-its-sale-to-nordisk-bergteknik">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/industrials-and-chemicals" title="Industrials &amp; Chemicals">
                            <svg class="icon icon-industrials-and-chemicals" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-industrials-and-chemicals"></use></svg>
                        </a>
                    </li>
                            </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Germany" class="flag-germany"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/122790/Stenah-lg.png" title="Stena Metall Group" alt="Image of Stena Metall Group Company Logo"/>
                            </div>
            <div class="action">sold its German cools recycling business</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Stena-Rekular-2.png" title="Rekular" alt="Image of Rekular Company Logo"/>
                            </div>
            <div class="action">to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/122733/Quantum.png" title="Quantum" alt="Image of Quantum Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/markus-otto">Markus Otto</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/anton-ulrich">Anton Ulrich</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Stena on the sale of its German cools recycling business to Quantum</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-stena-metall-group-on-the-sale-of-its-cools-recycling-business-to-quantum-capital-partners">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Jessup-Brothers1.png2.png" title="Jessup" alt="Image of Jessup Company Logo"/>
                            </div>
            <div class="action">on its investment from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/PPE002_Black-Logo_AW-002.png" title="Palatine" alt="Image of Palatine Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/rob-burden">Rob Burden</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/mike-slater">Mike Slater</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/louise-hooper">Louise Hooper</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Jessup on its investment from Palatine</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-jessup-on-its-investment-from-palatine">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/energy-and-utilities" title="Energy &amp; Utilities">
                            <svg class="icon icon-energy-and-utilities" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-energy-and-utilities"></use></svg>
                        </a>
                    </li>
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/industrials-and-chemicals" title="Industrials &amp; Chemicals">
                            <svg class="icon icon-industrials-and-chemicals" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-industrials-and-chemicals"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="France" class="flag-france"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/sites.png" title="Sites" alt="Image of Sites Company Logo"/>
                            </div>
            <div class="action">refinanced the group with</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Societe-Generale-Banque-Europeenne-CC-logos.png" title="Societe Generale, Banque Europeenne, Groupe Credit Cooperatif" alt="Image of Societe Generale, Banque Europeenne, Groupe Credit Cooperatif Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Financing</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/jonathan-bursztyn">Jonathan Bursztyn</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/nicolas-saint-pierre-1">Nicolas Saint-Pierre</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/marie-cassola">Marie Cassola</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/louis-wallerand-gayon">Louis-Wallerand Gayon</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/arthur-jacqmin">Arthur Jacqmin</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to SITES on raising a banking facility to refinance its existing debts and finance its growth</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-sites-on-a-secondary-lbo-structuring---debt-advisory">View more</a>
                    </div>
    </div>
</li>
                                                                                                            <li class="triple">
    <div class="front">
        <div class="transaction-header">
                        <ul class="sectors">
                                                        
                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
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                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/energy-and-utilities" title="Energy &amp; Utilities">
                            <svg class="icon icon-energy-and-utilities" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-energy-and-utilities"></use></svg>
                        </a>
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                    <li>
                        <a href="https://www.clearwaterinternational.com/sectors/industrials-and-chemicals" title="Industrials &amp; Chemicals">
                            <svg class="icon icon-industrials-and-chemicals" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-industrials-and-chemicals"></use></svg>
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                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="France" class="flag-france"></span>
                        </span>
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        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/BPI-and-management.png" title="BPI France" alt="Image of BPI France Company Logo"/>
                            </div>
            <div class="action">sold a minority stake to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/sites.png" title="Sites" alt="Image of Sites Company Logo"/>
                            </div>
            <div class="action">on a secondary LBO with</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Raise-FFN-Siparex.png" title="Raise, Siparex, Fonds France Nucleaire" alt="Image of Raise, Siparex, Fonds France Nucleaire Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
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            Clearwater Advisers
        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/jonathan-bursztyn">Jonathan Bursztyn</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/nicolas-saint-pierre-1">Nicolas Saint-Pierre</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/marie-cassola">Marie Cassola</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/louis-wallerand-gayon">Louis-Wallerand Gayon</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/arthur-jacqmin">Arthur Jacqmin</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to SITES on its minority stake sale to Raise and Siparex</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-sites-on-a-secondary-lbo-structuring">View more</a>
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<li>
    <div class="front">
        <div class="transaction-header">
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                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/industrials-and-chemicals" title="Industrials &amp; Chemicals">
                            <svg class="icon icon-industrials-and-chemicals" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-industrials-and-chemicals"></use></svg>
                        </a>
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                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Ireland" class="flag-ireland"></span>
                        </span>
                    </li>
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        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/HMV.png" title="H&amp;MV" alt="Image of H&amp;MV Company Logo"/>
                            </div>
            <div class="action">on its investment from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Exponent-Private-Equity.png" title="Exponent" alt="Image of Exponent Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                    Undisclosed
                            </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
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        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/john-curtin">John Curtin</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/john-devine">John Devine</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/michael-quinlivan">Michael Quinlivan</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to H&amp;MV on its investment from Exponent</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-h-mv-engineering-on-its-investment-from-exponent">View more</a>
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</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Germany" class="flag-germany"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/119258/Logo-Hillebrand.png" title="Hillebrand" alt="Image of Hillebrand Company Logo"/>
                            </div>
            <div class="action">issued promissory notes</div>
            <div class="company">
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Refinancing</div>
            <div class="value">
                                                                                                            €200m
                                                                        </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
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    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/dierk-rottmann">Dierk Rottmann</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/moritz-stupka">Moritz Stupka</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/philipp-welker">Philipp Welker</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Hillebrand on issuing promissory notes</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-hillebrand-on-its-200m-issuance-of-eur-and-usd-promissory-notes">View more</a>
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<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/logo3.png" title="Lonsdale and P2 Consulting" alt="Image of Lonsdale and P2 Consulting Company Logo"/>
                            </div>
            <div class="action">on its sale to</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/valcon2.png" title="Valcon Group" alt="Image of Valcon Group Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/richard-goldsack">Richard Goldsack</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/paul-finlayson">Paul Finlayson</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/dan-shrimpton">Dan Shrimpton</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/james-walker">James Walker</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Lonsdale Capital Partners and P2 Consulting on its sale to Valcon Group</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-lonsdale-capital-partners-and-p2-consulting-on-its-sale-to-valcon">View more</a>
                    </div>
    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Combined-logo_CTS.png" title="Palatine and CTS" alt="Image of Palatine and CTS Company Logo"/>
                            </div>
            <div class="action">raised debt finance from</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Kartesia-Logo.png" title="Kartesia" alt="Image of Kartesia Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Refinancing</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/joe-dyke">Joe Dyke</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/hertej-rattan">Hertej Rattan</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/ben-crowe">Ben Crowe</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/jennifer-manning">Jennifer Manning</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Palatine and CTS on refinancing to support growth</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-palatine-and-construction-testing-solutions-on-refinancing-to-support-growth">View more</a>
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    </div>
</li>
                                                                                                            
<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="UK" class="flag-united-kingdom"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/taylorhopkinson.png" title="Longacre Group and Taylor Hopkinson" alt="Image of Longacre Group and Taylor Hopkinson Company Logo"/>
                            </div>
            <div class="action">acquired by</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/Brunel.png" title="Brunel International N.V." alt="Image of Brunel International N.V. Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                                            €44.6m
                                                                        </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
        </div>
    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/marcus-archer">Marcus Archer</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/dan-shrimpton">Dan Shrimpton</a></li>
                                    <li><a href="https://www.clearwaterinternational.com/team/gregory-cornes">Gregory Cornes</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to Longacre Group and Taylor Hopkinson on its sale to Brunel International N.V.</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-longacre-group-and-taylor-hopkinson-on-its-sale-to-brunel-international-n-v">View more</a>
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<li>
    <div class="front">
        <div class="transaction-header">
                            <ul class="sectors">
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/business-services" title="Business Services">
                            <svg class="icon icon-business-services" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-business-services"></use></svg>
                        </a>
                    </li>
                                                                    
                        <li>
                        <a href="https://www.clearwaterinternational.com/sectors/energy-and-utilities" title="Energy &amp; Utilities">
                            <svg class="icon icon-energy-and-utilities" style="width: 45px; height: 45px; --color1: #fff; --color2: #fff;"><use xlink:href="#icon-energy-and-utilities"></use></svg>
                        </a>
                    </li>
                                    </ul>
                        <ul class="flag">
                                    <li>
                        <span class="flagHolder">
                            <span title="Germany" class="flag-germany"></span>
                        </span>
                    </li>
                            </ul>
        </div>
        <div class="transaction-detail">
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/C4-Energie-logo.png" title="C4 Energie" alt="Image of C4 Energie Company Logo"/>
                            </div>
            <div class="action">sold to a consortium of</div>
            <div class="company">
                                    <img class="object-fit" data-object-fit="contain" src="https://www.clearwaterinternational.com/assets/transaction_logos/_transactionLogo/118562/Transition-Eiffel-and-Evergaz.png" title="Transition Evergreen, Evergaz and Eiffel Investment Group" alt="Image of Transition Evergreen, Evergaz and Eiffel Investment Group Company Logo"/>
                            </div>
        </div>
        <div class="additional-info">
                        <div class="term">Sell-side</div>
            <div class="value">
                                                                                Undisclosed
                                                </div>

            <div class="tombstone-flip">
                <img src="/assets/img/tombstone-flip.svg" alt="View Back of Transaction">
            </div>
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    </div>
    <div class="back">
        <div class="transaction-header">
            Clearwater Advisers        </div>
        <div class="advisers">
            <ul>
                                    <li><a href="https://www.clearwaterinternational.com/team/dierk-rottmann">Dierk Rottmann</a></li>
                            </ul>
        </div>
        <div class="advisor-info">
                                                    <p>Adviser to C4 Energie on the sale to a consortium of Transition Evergreen, Evergaz and Eiffel Investment Group</p>
                                        <a class="btn btn-small btn-solid more" href="https://www.clearwaterinternational.com/transactions/clearwater-international-advises-the-shareholders-of-c4-energie-on-its-sale-to-a-consortium-consisting-of-transition-evergreen-evergaz-and-eiffel-investment-group">View more</a>
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