Deals in brief

Avance hires ex-Invesco Private Capital PE head Carl Stanton as senior partner

Carl Stanton, who has co-led three private equity investment groups over three decades, joins to strengthen Avance's industrial services focus.

One Rock hires former Bridgestone Americas CEO Paolo Ferrari as operating partner

Paolo Ferrari will focus on post-acquisition value creation at One Rock's industrial portfolio companies in need of operational transformation.

Kohlberg takes majority stake in Black Bay-backed Advanced Industrial Devices

Based in Tulsa, Advanced Industrial Devices makes systems that control motor speed, distribute power and automate operations for data center, water and power infrastructure customers.

Verlinvest and Family Trust Investor combine bouldering brands into 39-gym platform

The International Bouldering Alliance brings together five bouldering brands operating 39 gyms across the UK, Denmark, Germany and Austria.

ECP closes $834m continuation vehicle for alkylation producer Next Wave

Next Wave Energy Partners operates a stand-alone alkylation complex in Pasadena, Texas, that converts natural gas liquids-derived feedstocks into premium alkylate.

Sojourner unveils $279m Lornamead-AMG Brands merger to form LPNA Group

AMG Brands owns household and personal care brands including Wizard, Handi-Wrap and Scrub Free and sells to value retailers.

Apheon acquires majority stake in dental instruments maker Hager & Meisinger

Hager & Meisinger makes high-precision dental rotary instruments under the Meisinger and Jota brands and sells in more than 100 countries.

KKR to acquire Gen II from Hg, General Atlantic for $5.1bn

Gen II Fund Services provides fund administration to more than 275 private markets investment managers.

Ambienta-backed Maccaferri strikes deals for Iterchimica and Surface Tech

Iterchimica develops asphalt additives for the European market, and Surface Tech makes aramid fiber reinforcement for roads in North America.

Main Capital Partners acquires IT visibility software firm Raynet from PINOVA Capital

Raynet, based in Paderborn, Germany, provides software that helps large enterprises discover, manage and protect complex IT environments.