Deals in brief

Atlas Venture closes on $400m Opportunity Fund III

LPs in Atlas's earlier funds include New York State Teamsters Conference Pension and Retirement Fund, Penn Mutual Life Insurance Company and Rutgers University.

Winter Street Ventures targets $100m for debut fund

The early-stage healthcare investor spun out of medical insurance provider Commonwealth Care Alliance earlier this year.

PAI Partners signs deal to sell Italy’s Marcolin

Marcolin is eyewear design, manufacturing and distribution company.

Rithm Capital to acquire investment firm Crestline

The deal is expected to close in the fourth quarter of 2025.

Clearlake-backed RSA taps Greg Nelson as CEO

His appointment begins on September 15, 2025.

Investindustrial agrees to buy DEA Group and EL.MO.

The companies are both active in the production and development of solutions for access automation, control and surveillance.

Ex-GV head aims for $600m for S32's sixth fund

The venture firm founded by GV founder and former CEO Bill Maris has held a first close on $413.5m for its sixth flagship fund.

Rhône acquires burger chain Freddy’s from TSCP

The Freddy’s brand currently has more than 550 locations in the US and Canada.

Altamont-backed Bishop Lifting acquires American Rigger's Supply Inc

Bishop Lifting is a provider of wire rope, slings, rigging, fall protection, and related safety-critical products in North America.

Parthenon invests in consulting firm Embark

The capital infusion will be used to accelerate Embark’s growth.