Deals in brief

HIG Capital to acquire 4Refuel from Finning International

The total implied transaction value is about C$450 million.

PE-backed Hub International to secure $1.6bn minority investment

The investment was led by T Rowe Price Investment Management, Alpha Wave Global and Temasek, with participation from other new and existing investors.

CDPQ-backed Savaria snaps up Western Elevator

Western Elevator is a Coquitlam, British Columbia-based home elevator and lift dealer.

Adams Street Partners collects more than €270m for its debut European venture fund

A substantial share of the fund will be allocated to early-stage opportunities with a particular focus on those advancing technology and healthcare solutions.

Advent International recruits Stephan Scholl as operating partner

In this role, Scholl will work closely with Advent’s team and portfolio companies to identify, source and execute new deals while supporting value creation initiatives.

LS Power sells power portfolio to NRG Energy for $12bn

Also, NRG is acquiring CPower, a C&I VPP platform.

Infinedi taps Henry Hemaya as VP and business development head

In this role, he will be responsible for sourcing and qualifying new investment opportunities, relationship management, and leading the firm’s overall business development efforts.

DW Healthcare Partners promotes Michael Barulich to principal

Barulich joined DWHP in 2017.

Cressey & Company invest in hospice provider Paradigm Health

Paradigm Health’s existing investor Havencrest Capital Management also invested alongside Cressey.

Riverside-backed BioDue in second add-on deal with Biokosmes and Rolf Kullgren

Biokosmes and Rolf Kullgren is a business unit of Venture Life Group.