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Arlington exits medical equipment company Riverpoint to Novanta in $1.45bn deal; Capitol Meridian and Industrial Growth among latest aerospace dealmakers

A medical equipment deal exclusive from healthcare reporter John R Fischer, who caught wind of an Arlington Capital portfolio company being sold to a public company; highlighting Blackstone Energy Transition Partners’ $7 billion exit of an energy storage developer to Brookfield; two aerospace PE deals, involving Capitol Meridian Partners and Industrial Growth Partners.

Coalesce invests in cybersecurity provider Worksheet; Monomoy shops concrete manufacturer Cast-Crete, sources say

A cybersecurity investment from Coalesce Capital; Monomoy said to be in advanced sale process for concrete manufacturer Cast-Crete; weekly update on companies coming to market.

Exclusive: Monomoy in advanced sale process for concrete manufacturer Cast-Crete, sources say

With building products companies fetching a median 14x EV/EBITDA multiple over the past few years, Cast-Crete could be valued at a valuation of up to $850m.

CCMP sells BGIS to Veritas in companies-for-sale update; Building products companies attract PE buyers like CD&R and Truelink

The Wire also features insight from Daniel MacDonald, a director in BGL’s building products practice.

CAI Capital exits HVAC provider CustomAir to Service Logic Holdings Canada

CAI grew CustomAir by closing five add-on deals that expanded its geographic footprint and broadened its service offerings under its eight-year holding

Atlas Holdings-backed Stryten Energy scoops up KPS-backed C&D Trojan Battery

Following the deal, Stryten will operate 15 battery manufacturing and component facilities across the U.S., supported by 3,700 employees

AE Industrial acquires powder spray producer Powder Alloy

With the PAC acquisition, AE Industrial has established a specialty materials platform

Broadwing-backed Lehr scoops up emergency vehicle upfitting assets of ProLogic ITS

The transaction marks LEHR's tenth add-on acquisition, extending the company's presence deeper into the Southeast

Wynnchurch exits flow control specialist FloWorks to Ferguson for $1.6bn

The total consideration represents an acquisition multiple of 10x LTM adjusted EBITDA, including expected synergies of approximately $45 million

Carlyle exits solar and energy storage developer Copia to EQT for $2.6bn

The acquisition builds on EQT's broader AI infrastructure portfolio, including EdgeConneX, Zayo, Zelestra, OX2, Madison Energy, Cypress Creek Energy and Scale Microgrid