Deals in brief

Thoma Bravo to take restaurant tech firm Olo Inc private for $2bn

Olo serves over 750 restaurant brands.

Station Partners invests in First Children Services

The capital infusion will be used by FCS for continued expansion.

Florent Ventures launches to back AI start-ups in northern Europe

Founders include Christian Dorffer, former managing partner of Sweet Capital, and Lars Rasmussen, who co-founded a mapping technology company that turned into Google Maps.

Warburg Pincus to make majority investment in data center services provider Park Place

Also, Temasek will be making significant minority investment.

Genstar-backed Aperture picks up geotechnical engineering and forensic consulting firm Bryant Consultants

Headquartered in Arlington, Texas, Aperture is a provider of forensic expertise and litigation dispute support services.

Blackbird’s sixth flagship fund begins takeoff

The Australian VC firm previously raised a record A$1.03bn for its fifth flagship fund in 2022.

Venture Investors closes Health Fund 7 on $80m, short of target

Eleven of the firm's more than 80 portfolio companies have exited with valuations between $250m and $2.25bn, including HistoSonics last month.

Vitruvian invests $637m in health tech firm DeepIntent

Vitruvian will acquire a majority stake in DeepIntent following this transaction.

Bow River invests in health tech firm meQuilibrium

In addition to this transaction, BowRiver has merged meQ with portfolio company, RippleWorx, a Huntsville, Alabama-based talent development software firm.

TPG to acquire GE Vernova's Proficy manufacturing software biz for $600m

Headquartered in Cambridge, Massachusetts, Vernova is an energy company.