Deals in brief

River Associates acquires auto parts provider Horsepower Automotive Group

The company designs, manufactures, and distributes performance parts and accessories used in off-road, overlanding and adventure vehicle applications.

Ardian closes $1bn CV for HR Path

HR Path is a HR consulting, HRIS implementation and HR process outsourcing business.

Pipeline erosion remediation firm Submar snags investment from Sallyport

This investment represents the third platform investment in Sallyport's flagship fund, Sallyport Partners Fund, LP.

Bregal Sagemount inks investment in Pandion Optimization Alliance

The investment will support Pandion’s next phase of growth.

American Pacific promotes Luchi Mmegwa to managing director

Mmegwa joined American Pacific in 2020 directly after graduating from Harvard Business School.

Shore Capital acquires HR tech firm ThrivePass

ThrivePass was founded by Wade Rosen, Andreas Deptolla, and Charles Shen.

Recognize makes majority investment in digital infrastructure services firm Smartlink

The company serves customers across all 50 states, executing programs across the digital infrastructure lifecycle, from real estate and engineering through deployment, integration, and long-term maintenance.

Frazier Healthcare to acquire health tech firm MatrixCare

The seller was Resmed.

Wynnchurch-backed Principal Industries acquires GENLED Brands

Headquartered in San Angelo, Texas, Principal Industries is a provider of LED components and engineered assemblies.

AEA Investors taps Adam Biren as partner and head of capital formation - Americas

Biren will be based in the firm's New York office.