Deals in brief

Fortuna Investments launches new Midland, Texas office

Oscar Garcia, the business development and corporate strategy lead, will head the local team.

Ex-Founders Fund GP Brian Singerman and Quiet Capital co-founder Lee Linden raising new fund

Founders Fund co-founder Peter Thiel will reportedly make a commitment to the fund.

AE Industrial appoints Oscar Torres as operating partner

Torres is the former president and CEO of Kellstrom Aerospace, a former AE Industrial portfolio company, which was sold to VSE Corporation in December 2024.

Quartus collects $50m for AI fund

Quartus AI Fund’s LPs include endowments, foundations, RIAs and family offices.

Mantis VC wraps up third fund at $100m

Fund III will back early-stage tech startups.

FTV Capital makes growth equity investment in FundApps

FundApps is a compliance monitoring and reporting technology platform.

Sterling Group to acquire packaging company PCI from ONCAP

ONCAP, the mid-market platform of Onex, invested in PCI in December 2017.

Stellex hires Russell Jenkins as operating partner

In this new role, Jenkins will focus on acquisition diligence and portfolio operational improvement.

Seva Growth takes minority stake in Canada’s TitanFile

TitanFile is a file-sharing and client collaboration platform.

Wise Equity-backed Almac snaps up Easy Lift

Easy Lift is specialized in the design, production and selling of aerial work platforms on crawlers.