Deals in brief

Neuberger to back Flow Control Group

FCG’s existing backer KKR will maintain majority ownership of the company, with Neuberger holding a significant minority stake.

Avenue Sports Fund invests in professional soccer team The North Carolina Courage

Steve Malik serves as chairman of The North Carolina Courage and Mak Lind is the head coach.

Inflexion to acquire minority stake in Marktlink Capital

Marktlink Capital offers entrepreneurs and families access to private equity, venture capital and private credit funds across Europe and North America.

Beach Point appoints Fred Storz as managing director

He will be based in Beach Point’s New York office.

Clearlake completes buyout of power and electric services grid platform Qualus

The seller was New Mountain Capital.

T2Y Capital makes majority investment in Ackermann

Ackermann develops customized automation and testing systems for industrial applications.

3 Boomerang-backed Pinnaql snaps up Pharma Resource Group

The deal marks the third tuck-in acquisition Pinnaql has completed in the past 10 months.

GTCR teams up with Brian Crotty to launch Avelis Holdings

Crotty will serve as CEO of Avelis Holdings.

KKR invests in professional men's soccer league MLS Next Pro

In connection with this transaction, MLS and KKR have formed Hometown Soccer Holdings, a platform to support the evolution of MLS Next Pro.

Martin Marietta to acquire Declaration Partners-backed New Frontier Materials

Based in Maryland Heights, Missouri, New Frontier Materials is a construction materials platform.