Deals in brief

Graycliff portco Fulham Co buys Nualight

Nualight is a designer and provider of high-performance lighting services primarily for refrigerated display cases.

BCP to sell surety bond provider Gray Surety to Palomar Holdings

The transaction is expected to close during the first half of 2026.

Fuel Venture Capital appoints Selene Casabal as managing GP and chief venture officer

After multiple exits as an entrepreneur, the former Sequoia scout investor will spearhead investments exceeding $100m that Fuel plans to make in AI start-ups.

Vector scoops up AI revenue tech firm Showpad

Hendrik Isebaert, former CEO of Showpad, will step down but continue to be involved as an advisor.

Platinum Equity completes buyout of satellite service provider Anuvu

Anuvu operates two primary divisions: media technology services and connectivity.

Protective Life Insurance Company to acquire Abry Partners-backed Portfolio Holding Inc

Headquartered in Lake Forest, California, Portfolio is a provider of reinsurance management services and finance and insurance products for dealers nationwide.

Onex partners with AIG to acquire Convex in $7bn deal

Convex is an international specialty insurer and reinsurer.

New healthcare growth equity firm HealthBridge Innovation launches

MPowered Capital is serving as both a significant seed investor and a foundational partner for HealthBridge.

Tricor Pacific pumps capital into Big Country Equipment Repair

Big Country provides heavy equipment maintenance and repair services across Canada.

Rising Phoenix scoops up 249 net royalty acres in Eagle Ford Shale

The sellers were EOG Resources and Lewis Energy Group.