Deals in brief

LDC-backed 15below picks up Airport AI

Airport AI is a conversational AI platform built for airports.

PAI Partners and ADIA wrap up Alvest acquisition

Alvest provides airport GSE full-lifecycle products and services.

Gilde Healthcare’s twin acquisitions create global neuroimaging group

Artinis specializes in near-infrared spectroscopy and NIRx provides lab-based fNIRS system.

DPI to invest $190m in Egyptian private healthcare group Alameda Healthcare

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

Marlin Equity Partners acquires data privacy tech firm Sourcepoint

Marlin will merge Sourcepoint with existing portfolio company Didomi, a Paris-based data privacy solutions provider.

Real estate analytics firm Clear Capital snags investment from GTCR

GTCR will become Clear Capital’s majority shareholder following this investment with CEO Duane Andrews retaining substantial equity ownership.

Bow River to sell commercial roofing installation firm Progressive Roofing to TopBuild for $810m

Based in Daytona Beach, Florida, TopBuild is an installer and specialty distributor of insulation and related building material products to the construction industry in the US and Canada.

Strategic Value Partners to acquire Red Oak Power

Red Oak began commercial operations in 2002.

Summit Partners makes minority growth investment in Quorso

Quorso is an intelligent operations software provider for multi-store retailers.

Oak Hill and Pamlico invest in Midwest internet service providers Socket and IdeaTek

Both Socket Telecom and IdeaTek will merge.