Deals in brief

Permira names Mark Solomons as senior adviser

Solomons’ appointment adds M&A and digital marketplace expertise to Permira’s global advisory network.

Hamilton Lane taps Beth Nardi as US private wealth head

Tim Jenkins and Russell Simon have joined the client solutions team as managing directors.

Glasswing Ventures raises oversubscribed $203m Fund III

The AI- and frontier tech-focused firm added an endowment, two foundations, a couple of large family offices and a couple of very large wealth advisory firms for its latest fund.

GTCR completes acquisition of residential security firm SimpliSafe from Hellman & Friedman

Also, SimpliSafe has named Hilary Schneider and Ty Shay as CEO and president, respectively.

Renovus acquires managed services firm K2 Services

In addition to this deal, K2 has acquired Epiq’s global business transformation solutions division and Forrest Solutions.

Riverside Partners-backed Convergence Networks buys Clear Concepts

Clear Concepts is an IT managed services provider.

Sterling Group-backed Russell Landscape scoops up commercial landscaping firm Utz

Based in Sugar Hill, Georgia, Russell is a provider of commercial landscape maintenance and construction services.

Ardian to sell Frulact to Investindustrial portco Nexture

Frulact manufactures fruit-based specialty ingredients, liquid flavors and plant-based ingredients.

Praesidian makes follow-on investment in collectibles company Round 2

Praesidian originally invested in Round 2 in 2021.

Thoma Bravo completes investment in fintech firm Trading Technologies

Trading Technologies is backed by 7Ridge, which acquired TT in December 2021.