Deals in brief

Keensight-backed inherent buys sovereign cloud company Systonic

Systonic is a provider of secure, managed cloud hosting services.

Rhône in talks to acquire Direct Healthcare Group and Invacare

Invacare is a manufacturer and distributor of home healthcare and specialist mobility equipment.

Littlejohn-backed Total Safety acquires fire and safety equipment distributor Dooley Tackaberry Inc

Dooley will merge with Total Safety’s industrial fire and safety division.

Nautic Partners snaps up manufacturer Ideal Tridon Group

The seller was TruArc Partners.

Grove Mountain-backed Service Country scoops up HVAC businesses Castle Air and Childress Heating & Cooling

Castle Air is based in Englewood, Florida and Childress is based in Gadsden, Alabama.

MiddleGround to sell manufacturer Arrow Tru-Line to Blackstone-backed Chamberlain Group

Led by CEO Thomas Brockley, the company operates six manufacturing and distribution facilities across the US and Canada.

Arlington Capital-backed Team Tech snaps up medical device manufacturer Duke Empirical

Headquartered in Knoxville, Tennessee, Team Tech is a manufacturer of medical devices.

Morgan Stanley Capital-backed Alliance picks up air monitoring firm ESC Spectrum

Headquartered in Decatur, Alabama, Alliance is an environmental services and solutions company.

MarcyPen and Brand Velocity Group invest in jewelry brand GLD

GLD’s existing investor HIG Growth Partners remains a minority backer.

La Caisse-backed Workleap buys compensation management platform Barley

La Caisse invested C$125 million investment in Workleap in 2023.