Deals in brief

Garnett Station-backed True North snaps up Miles Truck Services

True North is a platform of fleet maintenance and repair providers.

QHP-backed Lexitas Pharma Services picks up Erie Retina Research

Lexitas is an ophthalmology clinical research organization.

Blackstone and Google to form new tech company

According to terms of the joint venture, Blackstone will make an initial $5 billion equity commitment to bring 500 MW of capacity online in 2027, with plans to scale significantly over time.

PE-backed NMI acquires payment tech firm Dwolla

NMI is an embedded payment infrastructure provider.

Agellus-backed HighGrove acquires Lawn Enforcement Agency

HighGrove is an Atlanta-based commercial landscaping company.

Salt Creek acquires medical device firm MML Diagnostics Packaging

In conjunction with this transaction, Geoffrey Pestes has been promoted to CEO following more than a decade leading operations at the company.

Wynnchurch-backed EMS snaps up American Metals Supply

Headquartered in Lake Worth, Florida, EMS is a distributor of aluminum products.

Sverica to sell agentic AI firm WinWire to NTT Data

Sverica made its initial investment in WinWire in April 2021.

Balerion Space Ventures closes on $90.4m for Fund II, targeting $200m

The Dallas-based venture firm has made 13 investments from the new fund to date, spanning the space, defense and deep tech sectors.

Charlesbank-backed Tecomet and Nordic-backed Orchid Orthopedic Solutions complete merger

The combined company will operate under the Tecomet name.