Deals in brief

Codex Capital backs merger of AnyCard, Lifestyle and Savvy to form Norell

Norell is a gift card processing, payment and rewards group with operations in the UK, Europe and North America.

LGT, Coller EQT co-lead EMK’s €1.25bn continuation fund for VDK Groep

VDK Groep is a Netherlands-based technical installation services group operating across the Netherlands, Germany, Austria, Switzerland and Sweden.

GTCR and Elliott strike $6.1bn take-private deal for CCC Intelligent Solutions

The Chicago-based SaaS and AI platform connects more than 35,000 businesses across the insurance claims and repair lifecycle.

Bow River Capital names Greg Hiatrides CEO as founder moves to chairman

The Denver-based alternative asset manager invests across private equity, private credit, real estate and venture capital in the lower mid-market.

Aldaron launches with majority stake in remnant asset buyer Oak Point Partners

The Chicago-area company has completed more than 2,000 deals since 2006, buying intangible assets and payment rights from Fortune 500, PE-backed and distressed businesses.

Interlock Equity’s VeloSource lands strategic investment from UPMC Enterprises

The St Louis-based locum tenens physician staffing agency is powered by workforce technology platform Syncx.

Mubadala Capital completes $6.2bn take-private of Clear Channel Outdoor

The out-of-home advertising company is expanding its digital billboards and displays and integrating data analytics and programmatic capabilities into its platform.

PACT Capital Partners strikes minority stake deal with Sterling Investment Partners

The middle-market firm makes control investments in business services and distribution platforms and has completed around 300 deals worth more than $35b billion aggregate.

Align Collaborate and Valedor-backed Q360 Group acquires The Flexo Factor

The Monroe, North Carolina-based company, founded in 1996, supplies anilox and plate cleaning products, doctor blades and on-site training to flexographic printers.

GHK closes acquisition of Southeast home services platform USA Hometown Experts

The Memphis, Tennessee-based company offers HVAC, plumbing and electrical services through eight local brands, with roots dating back as far as 1908.