Deals in brief

Sterling snaps up managed IT services firm Cyber Advisors

Cyber Advisors serves small, mid, and enterprise clients across diverse end markets.

American Pacific promotes Rahul Mohan to managing director

Mohan joined American Pacific in 2020.

Fort Point invests in environmental services firm Boston Green

The investment was used to recapitalize Boston Green.

B-Flexion Life Sciences-backed healthcare companies Paratek and Radius Health complete merger

According to law firm Mintz, which advised Sixth Street, this is a $1.3 billion financing.

Pophouse buys music interests of icon Tina Turner

Pophouse Entertainment has become the majority owner alongside BMG in the music interests of Tina Turner.

Verdane and Bpifrance back telehealth company Medadom

Medadom was the first teleconsultation provider to receive accreditation from the French Ministry of Health.

ICG backs railway maintenance provider Comcreta

The partnership will aim to facilitate the next phase of Comcreta’s expansion, against a backdrop of accelerating investment in Italy’s rail infrastructure.

Southfield-backed Franchise FastLane acquires consulting firm Franchise Creator

Franchise FastLane is a franchise development organization.

Boreal Ventures closes on $43m for Fund II, targeting $60m

Limited partners in the Canadian firm's debut fund that have re-upped in Fund II include Government of Quebec through Investissement Québec; BDC Capital; Fonds québécois d'amorçage de Teralys (financed by La Caisse, formerly CDPQ) and Capital régional et coopératif Desjardins.

PE-backed Tech24 snaps up Pacific Standard Service

Tech24 is a provider of commercial foodservice equipment repair and maintenance.