Deals in brief

NMS invests in injury case management firm Axiom Medical

Axiom serves over 1,500 employers in high-risk, labor-intensive sectors.

Madison Dearborn-backed Navacord to merge with Clairvest-backed Acera Insurance Services

The deal is expected to close in the first quarter of 2026.

Investcorp picks up Guardian Fire Services from Northern Lakes

As part of the transaction, Guardian’s management team will remain meaningful shareholders in the company.

Cerberus appoints ex-US Ambassador Nathaniel Fick as senior managing director

In this role, Ambassador Fick will focus on the global investment activities for Cerberus' private equity and venture capital strategies.

PE-backed Fairstone Bank to acquire Laurentian Bank in C$1.9bn deal

Fairstone Bank will acquire Laurentian Bank's shares at a price of C$40.50 per share in cash.

Ares Management invests $350m in govtech firm MGT

The investment puts MGT at a valuation of $1.25 billion.

First Reserve taps Caroline Theodoridis as capital formation and IR director

In this role, Theodoridis will support the firm's ongoing fundraising activities and enhance relationships with an expanding investor base.

Braemont Capital invests in Royal Cup Coffee & Tea

Royal Cup Coffee & Tea is a family-owned business that manufactures and distributes coffee and tea in several flavors and formats.

Falfurrias-backed Synergy ECP picks up NetServices

NetServices provides technology that supports mission-critical federal environments.

Bridgepoint to buy defense communications and power company Comrod

Comrod is a manufacturer of antennas, control systems, masts, amplifiers and power supplies for the defence and commercial markets.