Deals in brief

HIG Capital completes acquisition of UK fulfillment specialist Torque

Torque provides warehousing, inventory and returns management, and international freight forwarding to premium and high-growth consumer brands across e-commerce, retail and wholesale channels.

The Visualize Group closes eCOGRA deal, combining it with BMM Testlabs

eCOGRA, which has operated for more than two decades, provides testing, inspection, certification and compliance services to the regulated gaming industry.

Luminate Capital Partners makes growth investment in pipe inspection software firm ITpipes

Seattle-based ITpipes' software, built on Esri ArcGIS, is used by more than 300 utilities, municipalities and CCTV contractors to collect and manage sewer and stormwater condition data.

Incline Equity Partners invests in industrial distributor The Conrad Company

York, Pennsylvania-based The Conrad Company supplies pneumatic, hydraulic, automation, lubrication and compressed air products to manufacturing plants, food and beverage facilities and industrial customers.

Mutares agrees deal to buy Steinmüller Engineering from Japan's IHI

Steinmüller Engineering, based in Gummersbach, Germany, provides engineering, procurement and turnkey EPC services for combustion and incineration, air pollution control and heat transfer systems.

Riverside backs French medtech CDMO Medical Group in Selenium Medical tie-up

Medical Group, founded in 1989 and headquartered in Saint-Priest, serves medical device manufacturers primarily in the orthopedic and dental end-markets.

Broadtree Partners' Triage Partners acquires telecom engineering firm UNDC

Universal Network Development Corporation, founded in 1980 and based in Sacramento, California, provides network design, field data collection, permitting and pathway development services to major US telecom carriers across 12 states.

Bain Capital-backed MRO Holdings agrees to 65 percent sale to AAR at $4bn EV

MRO Holdings provides aircraft maintenance, repair and overhaul services across the Americas, with around 10,000 staff and facilities in El Salvador, Mexico, Colombia and the US.

Adams Street hires Industry Ventures' Justine Huang Burns to scale venture secondaries

Huang Burns joins the firm's secondary investments team as a partner and will work with primary and venture growth teams to source LP interest and continuation vehicle deals.

Blackstone's private equity head Joseph Baratta to retire at end of year

Baratta joined Blackstone in 1998.