Deals in brief

FSN Capital agrees to back engineering company UHL Bau

UHL Bau is an underground civil engineering company for electricity, gas, water, sewage, district heating and telecommunications networks.

Silversmith Capital Partners makes growth investment in Rentsync

Rentsync is a software and data company serving Canada’s rental housing industry.

Apollo to acquire PowerGrid Services from Sterling Group

The company’s services extend to over 35 states.

ArcLight Capital ramps up stake in Natural Gas Pipeline of America

ArcLight becomes NGPL’s largest owner with a 62.5 percent ownership stake following this deal.

Kohlberg-backed Resa Power acquires electrical industrial firm MP Predictive Technologies

Resa Power is a provider of power systems electrical testing, transformer services, and life extension solutions for power distribution equipment.

Polar Asset Management acquires hedge fund Castlefield Associates

Toronto-based Castlefield was founded in 2019 by Chris Schindler and partners.

Ontario Teachers’-backed Westland Insurance buys Sagium Health

Sagium Health provides employee benefits and private healthcare solutions.

Potamus Equity invests in proptech platform Vive

Joe Bushey serves as founder and CEO of Vive.

Halle Capital-backed True Environmental snaps up environmental services firm Padres Associates

Based in New York City, True Environmental is an environmental services platform.

Caymus Equity Partners acquires Valley Lighting

Valley Lighting CEO Kathy Deppe and executive vice president Tommy Jones will maintain significant ownership stakes in Valley and continue to lead the business.