HIG-backed Berardi Bullonerie completed the acquisition of a majority stakes in ATP and Fixi.

HIG-backed Berardi Bullonerie, a company in industrial distribution specializes in the distribution of fastening elements, completed the acquisition of a majority stakes in ATP, a company that specializes in supplying a wide range of industrial components, including linear guides, bearings and bolts, and Fixi, a distributor of fastening systems. Financial terms were not disclosed.