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May River Capital to sell Industrial Flow Solutions, say sources; Lone View Capital details tech opportunities

SFEP-backed Xceed Foodservice Group acquires its sixth add-on.

Morgan Stanley Capital scoops up Prescott’s; West Monroe, Stellex benefit from onshoring tailwinds

New Heritage Capital invests in US-based maritime supplier JA Moody.

Onshoring in industrial, manufacturing sectors to continue luring PE in 2025, dealmakers predict

Some government policies have made local investments in sectors such as infrastructure and manufacturing attractive.

Complex regulations, labor shortage, market fragmentation fueled PE interest in CPAs

Hellman & Friedman, Valeas Capital Partners, New Mountain Capital and Lovell Minnick Partners are some of the firms investing in this sector.

GTCR on what’s driving appetite for automated software testing; a Harris Williams report on energy efficiency

SK Capital Partners acquires Canadian sweets maker Spectra Confectionery.

Automated software testing is gaining share, prompting GTCR's interest: Nelson Iginla

GTCR recently agreed to make a $1.33bn minority investment in Tricentis, to join the current investor Insight Partner in a deal that values the company at $4.5bn.

VSS details Pinnacle stake, plus American Securities portco scoops up AI specialist

How Pinnacle Investment Management’s global distribution capabilities prompted VSS Capital Partners to say yes after saying no to other suitors; an American Securities-backed company acquires Smartech; insights from a senior analyst at RSM US on factors to consider to prepare for potential tax changes under the next administration.

Why VSS sold minority stake to Pinnacle after turning down other suitors

Pinnacle Investment Management, an Australian Securities Exchange-listed multi-affiliate investment management group, is taking a 22.5 percent interest in VSS Capital.

Blackstone, Goldman Sachs, Gryphon scoop up HVAC targets; plus PE firms bet on recycling

An analysis of about 80 deals to uncover trends powering the HVAC services market. We’re opening today’s newsletter with what we learned from these deals; Ember Infrastructure makes an investment in a company focused on metals recovery and recycling.

HVAC deal analysis shows why private equity is snapping up targets in the South

PE firms like Morgan Stanley Capital Partners, Goldman Sachs Alternatives and Gryphon Investors are also finding HVAC opportunities in other parts of the country.