Deals in brief

Gauge invests in tech firm Ecosystems

As part of the partnership, Tom McKelvey, Garrett Fair, and Vinesh Kovelamudi of Gauge Capital have joined the Ecosystems’ board of directors.

Platinum Equity snaps up marketing services firm Czarnowski Collective

The sellers are Mark Nagle and the Nagle family.

Boulder Ventures targets $60m for ninth flagship fund

The Colorado-based VC firm has invested in 61 companies across 30 years, leading to 28 exits and 10 IPOs.

Yellow Wood-backed Suave Brands and Elida Beauty merge to form Evermark

Evermark’s portfolio comprises iconic personal care companies that include hair care brand Suave, cotton swab brand Q-tips and lip balm brand ChapStick.

Lead Edge-backed govtech firms ClearGov and Gravity complete merger

Headquartered in Maynard, Massachusetts, ClearGov is a provider of budget cycle management software for the public sector while Gravity is a Miami-based government finance platform.

CF Private Equity raises $36.2m for Commonfund Capital Venture Direct Opportunities III

Limited partners in previous funds include Powder Mill Foundation, Albuquerque Community Foundation, Ball Brothers Foundation and Berkshire Taconic Community Foundation.

GTCR and consumer tech exec Gary Swidler launch Ascent Sports Group

Ascent is focused on investing in and building products that enhance participation, engagement, and connection across youth and amateur sports.

AE Industrial-backed UBS acquires commercial and industrial mechanical contractor DFW

UBS is a provider of heating, ventilation, and air conditioning services across the US.

Bluestone invests in pickleball equipment manufacturer Selkirk Sport

As a part of the transaction, Bluestone’s Walker Brumskine will join Selkirk’s board of directors, and Shaaz Khan will join as a board observer.

TerraVest Industries acquires KBK Industries from Main Street Capital

TerraVest acquired KBK for $90.0 million cash, subject to a working capital adjustment approximately 90 days post-closing.