Deals in brief

BU-backed Safety21 snaps up Cross Control

Cross Control operates in the road safety enforcement and IoT detection industry in central Italy.

Knox Lane-backed All Star Healthcare Solutions picks up temporary healthcare staffing firm Integrity Locums

All Star is a healthcare staffing firm focused on the locum tenens market.

TPG and Corpay to take accounts payable software provider AvidXchange private for $2.2bn

According to the terms of the deal, AvidXchange stockholders will receive $10 per share in cash.

Riverwood Capital snaps up AI-powered price optimization platform Quicklizard

Quicklizard will use the investment for growth and expansion.

NGP-backed Greenlake Energy launches new E&P acquisition platform Greenlake Energy II

NGP and Greenlake’s management team have provided the new platform with over $200 million in equity commitments.

I Squared, MPLX and Enbridge Inc to acquire stakes in Matterhorn Express Pipeline from Ridgemont Equity Partners and Devon Energy Corp

Primarily based in Austin, Matterhorn Express Pipeline is a natural gas pipeline project transporting gas from Waha, Texas, to the Katy and Wharton area in Texas.

TPG to acquire Peppertree for up to $242m in cash and $418m in equity

Founded in 2004, Peppertree is focused on making investments in growing communication infrastructure assets, primarily wireless communications towers.

CDPQ to exit 30% stake in Veolia’s WTS for $1.75bn

The transaction will allow Veolia to take full ownership of WTS.

65 Equity Partners-backed HAS Healthcare Advanced Synthesis buys Cerbios-Pharma

The acquisition creates a global services provider in the contract development and manufacturing organization industry.

Astorg to acquire majority stake in Solabia from TA Associates

Solabia is a global biotechnology ingredients provider.