Deals in brief

Princeton Equity Group promotes Jack Nagle and Joseph Trahan to partner

Princeton Equity Group invests in franchisor and multi-location businesses and manages about $3 billion in assets.

Centre Partners and Baldwin Creek’s TruTemp adds two North Carolina HVAC firms

D&D HVAC and Sandhills Heating & Refrigeration provide HVAC installation, maintenance and repair services from Sanford and Aberdeen, North Carolina.

Trinity Hunt’s Averon Group invests in Utah HVAC controls distributor CEC

Control Equipment Company supplies boiler controls, VAV systems, testing equipment and replacement parts to contractors and building automation professionals in the Intermountain West.

Rhône inks $900m Paragon Films sale to Atlantic Ridge and Grafine

Broken Arrow, Oklahoma-based Paragon Films makes stretch and shrink films used to secure and protect products during storage and transit.

O2 Investment Partners’ Ironcore Paving adds asphalt paver Macchione Paving Plus

Rochelle Park, New Jersey-based Frank A Macchione Paving Plus provides asphalt paving and milling services to commercial and municipal customers.

BBH Capital Partners agrees to Granite Group sale to Watsco

Concord, New Hampshire-based The Granite Group distributes plumbing and HVAC products to around 11,000 customers from 82 locations.

CORE Industrial Partners’ Fathom adds three aerospace and defense manufacturers

TCS Industries, TCS Electronics and Precision Grinding & Manufacturing provide precision machining, electronics assembly and specialized finishing to aerospace and defense customers from Rochester, New York.

Keensight-backed Bedfont Scientific acquires coVita, its exclusive US distributor

CoVita, based in The Woodlands, Texas, distributes and supports breath analysis devices for healthcare professionals and clinical research organizations.

Riverside’s Dastex Group acquires Swiss cleanroom distributor Abovo in seventh add-on

Abovo is a Selzach, Switzerland-based distributor of cleanroom consumables serving customers in life sciences, semiconductors and aerospace, including watchmakers.

Aurelius to acquire Nokia’s Enterprise Campus Edge business in carve-out

Enterprise Campus Edge provides private wireless networks, industrial devices and edge computing software to nearly 900 customers across sectors including manufacturing, mining and logistics.