Deals in brief

Gryphon-backed ACA acquires HVAC systems manufacturer Northern Air

ACS is an Oklahoma City-based specialty HVAC solutions provider.

Palladium Equity to acquire hospice medical equipment provider DME Express

The seller is WayPoint Capital Partners.

IK Partners acquires majority stake in Domek Group

Domek operates predominantly in the Netherlands but has recently expanded into Belgium and Germany.

Audeo Ventures will close on $65m for Fund II by end of March

With an LP base comprised mostly of single and multifamily offices and some sovereign wealth funds in the United Arab Emirates, the firm plans to invest in up to 20 start-ups in the US and Latin America.

QHP Capital completes $1.1bn continuation fund for Azurity Pharmaceuticals

HarbourVest Partners led the transaction with Pantheon Ventures participating as a significant investor.

Bindley Capital-backed Guardian prices 'synthetic secondary' offering

Guardian Pharmacy Services is an Atlanta-based long-term care pharmacy services company.

Blackstone-backed Chartis scoops up health tech firm Leap AI

Based in Chicago, Chartis is a healthcare advisor.

LS Power to acquire PJM gas assets from Constellation Energy for $5bn

According to the terms of the deal, LS Power will acquire approximately 4.4 gigawatts of predominantly natural gas–fired generation capacity located in Delaware and Pennsylvania.

Permira to exit investment in AltamarCAM to Mercer

AltamarCAM is a global, partner-led private markets investment firm and services provider, with €20 billion in assets under management

HighVista Strategies taps Raudel Yanez as managing director and PE secondaries head

In this role, Yanez will launch HighVista's GP-led secondaries investing strategy focused on lower middle market private equity.