Deals in brief

Audax snaps up property management firm Akam

Nautic Partners is selling its stake in Akam through the transaction.

New Heritage-backed Icelandirect acquires supplement manufacturer Soma Labs

Icelandirect is a US-based contract manufacturer of human and pet supplement brands.

Main-backed Cisbox and Millum merge to form source-to-pay software provider

The combination significantly expands the group’s geographic footprint across the DACH and Nordic regions.

Oakley Capital backs France-based Groupe Senef

As part of the transaction Isatis Capital is fully exiting its stake in the business.

Nordic Capital to buy majority stake in trade surveillance biz TradingHub

Existing investor Summit Partners will retain a minority stake.

PE-backed Technimark snaps up Rage Custom Plastics

Technimark is a maker of highly engineered injection-molded components for medical, consumer, and specialty industrial applications.

Fortress hires Elizabeth Burton as chief strategist

Burton will be based in New York and report directly to co-CEOs Drew McKnight and Jack Neumark.

Oaktree-backed Aecon Utilities acquires Duna Services and a stake in KNX Utility Services

The purchase price is $60 million, with the potential for additional contingent proceeds.

Capstone Point Holdings scoops up Orix-backed Optimal's entertainment media unit

The acquired business will conduct business under its legacy name, Optimad Media.

Blue Wolf-backed Logistec snaps up Travero's Logistics Park Dubuque

Based in Montreal, Logistec is a provider of marine terminal and logistics services across North America.