Deals in brief

Lightrock takes minority stake in Previse Systems

Previse is a provider of energy trading and risk management software.

PE-backed Sedgwick appoints Kalani Reelitz as CFO

Sedgwick is a Memphis-based risk and claims administration firm.

Glade Brook recruits Timothy Stevens as partner and Tushar Behl as principal

In addition to these two new appointments, Glade Brook has hired Alex Song, Al Periu and Shirish Andhare as operating partners.

Fruition Partners acquires drinkware and home décor products

The seller was TMC founder Charles Sizemore, who will continue as a significant investor in the company.

Bain-backed Crestwell Underwriters debuts

Based in Tampa, Crestwell is a managing general agent that provides property insurance for condominium associates based in Florida.

Thoma Bravo to take tech company Verint private for $2bn

According to the terms of the agreement, Verint common shareholders will receive $20.50 per share in cash.

Advent to snap up health tech firm PatientPoint

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

Peak Rock-backed Tapco acquires traffic solutions provider Logix ITS

Headquartered in Brown Deer, Wisconsin, Tapco serves customers under the Traffic Logix, All Traffic Solutions and Parking Logix brands.

Invidia taps Matt Bennett as partner

In this role, Bennett will help bolster Invidia's mission to invest in and scale healthcare businesses across North America.

Providence invests in edtech firm Modern Campus

In addition to the transaction, Modern Campus has appointed Craig Chanoff as CEO.