Deals in brief

Touring Capital closes $330m Fund I, focusing on AI-driven B2B SaaS innovation

The firm is already exhibiting strong results, with one unicorn, a successful exit and five up rounds among the achievements of half of its 12 investments so far.

Blue Owl Capital and QIA to create digital infra platform

QIA will help launch a digital infra platform with over $3bn of initial data center assets.

Ancala-backed Avincis buys Denmark’s KN Helicopters

KN Helicopters provides helicopter services to the offshore wind sector.

Advent names Christine Dagousset as operating partner

Dagousset will support the expansion of Advent’s consumer and luxury platform globally.

Wynnchurch-backed Handgards adds on Albany Packaging USA

Albany is a distributor of foodservice packaging.

Lionhead leads $80m equity financing in Pumpkin Hollow Copper Mine

The proceeds from the financing will be used to support the restart of the Pumpkin Hollow underground mine.

Salt Creek Capital snaps up Real Diagnostics

RealDx is a specialist diagnostic laboratory.

DBAG to sell stake in Duagon

Duagon provides network components for data communication in railway vehicles.

WestBridge to score 11.5x multiple on APEM sale

The global environment consultancy APEM will be sold to Applus+ Group.

Oakley Capital launches European insurance services platform

Tiger HoldCo is an insurance services platform backed by Oakley Fund V.