Deals in brief

Liberty Mutual Investments back transportation and industrial-focused PE firm Mascarene

Mascarene’s investment process, management, and strategy will remain unchanged.

Inflexion-backed Baker Tilly Netherlands and Baker Tilly Belgium to consolidate

Inflexion acquired a minority stake in Baker Tilly (Netherlands) earlier this year.

Pollen Street signs deal to buy Tutman

Tutman is a fund services platform providing fund administration, corporate service and transfer agency services.

Stirling Square-backed SAS Group adds on Ceres Biotics

Ceres is a biotech company specialized in sustainable biosolutions based on microorganisms.

Gallant appoints Josh Carter as managing director, will lead tech sector

Prior to joining Gallant, Carter was a partner at Harvest Partners, where he led software investments.

Berkshire-backed Specialized Elevator and Vintage Elevator Services merge

Headquartered in Canton, Massachusetts, Specialized is a provider of elevator and escalator services and solutions and Vintage is an elevator company serving the San Francisco Bay Area.

JLL Partners scoops up gas turbine parts provider PowerParts

PPG supplies aftermarket components to utilities, MRO service providers, and turbine OEMs.

TPG-backed Kodiak snaps up healthcare tech firm Besler

Based in Indianapolis, Kodiak is a healthcare tech firm.

KPS to buy controlling stake in France's Novacel

Novacel is a global manufacturer of surface protection tools.

Southfield Capital picks up AI orchestration platform Contextual

Andrew Brooks serves as CEO and founder of Contextual.