Deals in brief

Arsenal taps Bradley Brown as investment partner

In this role, Brown will serve as a member of both Arsenal's investment committee and its industrial leadership group and focus on developing and executing industrial technology strategies and investments for the firm.

Teamworthy Ventures raises $59.25m for Fund IV, targeting $100m

The Nashville-based firm invests mostly in early-stage companies targeting marketplaces and e-commerce, edtech, fintech, sports tech, health IT and travel tech.

Avista and Damier to acquire vitamins company Sanotact

Based in Belgium, Damier Group is the family office of serial entrepreneur Yvan Vindevogel.

Capitol Meridian appoints ex-US Army Secy Ryan McCarthy as operating partner

In his new role, McCarthy will advise CMP on defense market trends, investment opportunities, portfolio company value creation, and executive mentorship.

HIG Capital taps Brian Dutzar as managing director for private wealth management team

Also joining the private wealth management team as principals are Adam Whitman, and Steven Stack.

One Bow River backs aerospace company PteroDynamics

The investment will enable PteroDynamics to accelerate development and flight testing of the company’s new transwing VTOL unmanned aircraft systems and scale manufacturing.

KKR to sell Circor Aerospace to Parker Hannifin for $2.55bn

KKR first acquired Circor for $1.8 billion in 2023 and will maintain ownership of Circor’s naval and industrial businesses.

Accel-KKR invests in assets operations platform UpKeep

The investment will support UpKeep’s continued platform expansion and the build-out of its AI-native vision for asset operations.

Anthropic and PE-backed AI-native enterprise services firm acquires Fractional AI

The other private equity and investment firms that back the new AI-native enterprise services company include Goldman Sachs, General Atlantic, Leonard Green & Partners, Apollo Global Management, GIC, and Sequoia Capital.

PE-backed Authentic Brands Group to acquire denim brand Lee

Authentic Brands Group is a global brand and entertainment platform.