Deals in brief

Kelso to make C$400m minority investment in Wellington-Altus

Kelso will acquire a 25% stake in Wellington-Altus, confirming an EV of more than C$1.5bn.

Decarbonization Partners, Climate Investment and Activate back Xnrgy Climate Systems

Xnrgy Climate Systems is a Montreal and Mesa, Arizona-based manufacturer of sustainable liquid and air-cooling technologies as well as control systems.

LDR Partners-backed Industrial Control Solutions snaps up manufacturer Duro-Sense

Based in Bristol, Connecticut, ICS is a designer and manufacturer of flow, level, and pressure sensing devices.

Incline completes $300m continuation fund for Accredited Labs

Headquartered in Dallas, Accredited Labs is a provider of calibration and repair services for mission-critical test and measurement equipment and instrumentation.

Mérieux Equity Partners makes seven new hires

The firm has appointed Emna Bourkhis as director in the buyout team.

Roo Capital raises $43m for debut fund

The Miami-based firm touts its leadership’s experience in healthcare recruiting as a key part of its strategy.

Renaissance Partners agrees to buy Lodestar from Bravo

Lodestar is an Italian digital transformation platform focused on the Microsoft ecosystem.

ArchiMed MedTech takes dental tech company ZimVie private for $730m

According to the terms of the deal, ZimVie shareholders are receiving $19 per share.

Wynnchurch-backed FloWorks snaps up industrial company Slater Controls

Houston-based FloWorks is a specialty distributor of critical flow control products.

Quinbrook to acquire majority stake in Elemental Clean Fuels

ECF is a Canadian clean energy developer advancing scalable renewable fuels and decarbonization projects.