Deals in brief

Tigertail Capital Partners’ Advantage Distribution Holdings acquires HVAC distributor Badger Metals

Badger Metals distributes HVAC equipment, parts and supplies to contractors across Wisconsin from four branches.

Stone Point-backed Alliant picks up New Hampshire insurance broker Melcher & Prescott

Founded in 1862, Laconia-based Melcher & Prescott provides commercial insurance, employee benefits and personal, life and health insurance across New England.

LongWater takes majority stake in Blastco to build national coatings platform

Founded in 1983, Channelview, Texas-based Blastco provides surface preparation, industrial coatings and tank rehabilitation services.

Adelis agrees sale of Danish IT provider netIP to Synova

NetIP is a managed IT services provider to Danish SMEs, with more than 270 employees across 11 offices.

Sopris Capital completes carve-out of Edinburgh AI firm Blackford from Bayer

Blackford’s AI orchestration platform gives radiology departments access to more than 130 imaging AI applications from over 45 vendors.

Gallant Capital’s Duncan Solutions completes Pioneer Credit Recovery sale

Pioneer Credit Recovery was one of four businesses carved out of Navient’s government services arm in February 2025.

Omni Partners hires Copper Street Capital’s Elliot Tahmasebi as partner

Tahmasebi will lead new platform investments in founder-led financial, professional and business services companies in the lower mid-market.

TA Associates signs Rocscience exit to Hexagon at $535m enterprise value

Toronto-based Rocscience develops 2D and 3D software that helps engineers model how rock, soil and structures behave on mining, civil and structural projects.

Ambienta adds 23 hires, including three partners, across European offices

The new hires span private equity, portfolio operations, investor relations and corporate functions, taking the firm’s headcount to more than 120.

Verdane leads new funding for Swedish obesity care provider Yazen

Yazen is a digital healthcare provider that treats obesity by combining weight-loss medication with continuous care from a multidisciplinary team.