Deals in brief

Volition Capital closes on $950m for oversubscribed Fund VI

LPs in past funds include San Francisco Employees Retirement System, Denver Employees Retirement Plan, State of Wisconsin Investment Board, University of Hawaii Foundation and UPMC Master Trust.

Growth Catalyst Partners invests in coastal insurance platform HoneyQuote

HoneyQuote is an AI-enabled insurance brokerage that powers quoting, binding and servicing workflows across more than 30 regional carriers for homeowners in Florida and other coastal markets.

Partners Capital names Jennifer Fox Bensimon head of co-investments

Fox Bensimon joined Partners Capital's Co-Investment team in September 2024 after roles at private equity firms Trilantic North America and LNK Partners, where she focused on middle-market investing across the consumer and business services sectors.

EIV Capital adds energy investor Kristin Kelly as partner

Kelly joins EIV Capital's upstream strategy after serving as head of traditional energy – Americas at EIG, bringing nearly two decades of energy investing experience.

Tailwater Capital, EMG sell Powder River midstream assets to Plains for $585m

The assets include roughly 600 miles of crude oil gathering and transmission pipelines with about 350,000 bbl/d of operating capacity across Wyoming's Powder River Basin.

Strategic Value Partners names Goldman Sachs veteran Matt Gibson as president

Gibson joins the $22 billion alternative investment firm after more than 25 years at Goldman Sachs, including 16 years as a partner, effective February 2027.

Niobrara Capital acquires Canadian managed IT services platform MSP Corp

MSP Corp, founded in 1993, is a founder-led Canadian managed services provider that remotely manages IT infrastructure, cybersecurity and cloud environments for small and midsize business clients.

Brightstar-backed Bendon acquires Hinkler's North American business in add-on deal

Hinkler's North American business designs and distributes children's coloring, activity and educational products under franchises including Kaleidoscope, Craft Maker and Piccadilly.

Main Capital Partners agrees to acquire higher education software firm Watermark

Austin-based Watermark serves approximately 1,500 public and private higher education institutions through its Educational Impact Suite, supporting accreditation, faculty development and student-success workflows.

Vitruvian Partners acquires majority stake in Smartling from Battery Ventures

Smartling's AI-powered LanguageAI platform serves more than 1,000 global brands, translating billions of words a year across websites, apps and marketing content.