Deals in brief

Flexstone to acquire PE secondaries firm Glouston

The combined platform will manage more than $15 billion in assets.

Investcorp takes strategic stake in IT distributor Metra

Metra is a UAE-headquartered IT distributor that serves over 6,500 partners and resellers across the GCC and wider MENA region.

Peak Rock-backed Rochester Midland scoops up water treatment services firm ClarityChem

Headquartered in Rochester, New York, Rochester Midland is a provider of route-based, technical services and specialty chemical products across water treatment, food safety and other verticals.

Stephens Group-backed Aptus Aero snaps up aircraft repair firm EMC Aerospace

The transaction marks Aptus Aero’s second acquisition following its acquisition of Atlas Aerospace Accessories, LLC earlier this year.

New Mountain invests in power engineering firm Commonwealth Associates

The investment will be used by Commonwealth to support its continued growth amid increasing demand for electricity and investment in power infrastructure.

KKR commits additional $1.4bn to aircraft leasing deals with Altavair

KKR has committed more than $8 billion to aircraft leasing and lending transactions since KKR formed a strategic partnership with Altavair in 2018.

Clearlake-backed Quest Software acquires cybersecurity firm Anetac

Quest is an Austin-based provider of data management, cybersecurity, and platform modernization solutions.

Montagu to acquire BMC Helix from BMC Software in carveout

With offices in Sunnyvale, California and Houston, Helix is an agentic AI ServiceOps platform.

GenNx360 Capital promotes Pratik Rajeevan to partner

Rajeevan’s significant transaction experience includes investing in over ten platform companies and 30 add-on investments during his tenure at GenNx360.

Trinity Hunt-backed Allvia acquires management consulting firm Smith Communication Partners

Allvia is a workforce services platform.