Deals in brief

RedBird-backed Arax Investment Partners acquires investment advisor Summit Wealth Strategies

Based in New York City, Arax Investment Partners is a wealth management platform.

Fortistar-backed Epic Star Energy acquires Pacific Current's renewable energy portfolio

The portfolio consists of a utility scale solar project on Kauai and several other operating renewable energy projects.

Crestview to sell Elo Touch Solutions Inc for $1.3bn

The buyer is Zebra Technologies, which digitizes and automates frontline workflows.

Rainier Partners-backed SCI Flooring picks up Flooring Partners

Based in Detroit, SCI is a flooring covering services provider.

Poalim Equity backs fintech firm Glassbox

Glassbox’s existing backers include Discount Capital, Susquehanna Growth Equity and Alicorn.

Green Arrow to buy asset manager DeA Capital

The deal will create a combined entity with over €6 billion in free-earning AUM.

Innova-backed Prime Label adds on Arti-Bau

The deal strengthens Prime Label’s position in digital label printing.

Advent, Nextalia to pick up stake in Tinexta

Tinexta will be acquired from the current majority shareholder Tecno Holding.

Maven exits security services provider UAP

UAP has been acquired by global security and access company Allegion.

Carlyle injects capital into Ingentis Group

Ingentis is a provider of organizational charting, design and analytics software.