Deals in brief

Bowmark makes three investment team promotions

Jamal Lakhani has been promoted to investment director, while Inderpal Lall and Oleksandra Rovinska have been promoted to investment manager.

EQT makes revised offer to take Intertek private

Intertek provides assurance, testing, inspection and certification services.

Triton-backed Flokk picks up Spec Furniture

Spec serves four key contract furniture segments in the United States and Canada: healthcare, education, corporate, and behavioral health.

PE-backed Alcami to acquire Tjoapack

Headquartered in North Carolina, Alcami is a contract development and manufacturing organization.

Rethink Education raises $49m for Fund IV, targeting $150m

Among the limited partners in prior Rethink Education funds are Richard W Goldman Family Foundation, AL Mailman Family Foundation, IDP Foundation and Lumina Foundation.

HIG Capital to sell Celerion to THL Partners

Celerion’s services include data management, biostatistics, and clinical monitoring that supports pharmaceutical and biotechnology customers.

LFM invests in manufacturer L&R Industries

L&R also manufactures tube products and provides transport, metal fabrication, stamping, millwright, electrical, crane, and other related services.

GTCR acquires Fiduciary Trust Company

Doris Meister, former chair and CEO of Wilmington Trust, will join Fiduciary as executive chair.

First Eagle completes take-private buyout of Diamond Hill Investment Group

According to the terms of the agreement, Diamond Hill shareholders are entitled to receive $175.00 per share in cash.

SFEP-backed Xceed Foodservice Group invests in Encore Food Solutions

Xceed is a US-based foodservice brokerage.