Deals in brief

Ballast Equity raises $93m for debut VC secondaries fund

Ballast Equity Partners Fund I was anchored by the New Mexico Educational Retirement Board and the State of Wisconsin Investment Board, which each committed $30m.

MPE forms new food packaging platform after investing in and merging Central Coated and Sun America

Following the merger, both Central Coated and Sun America will continue to operate out of their current manufacturing facilities, with no changes to day-to-day business operations.

Kelso-backed Novvia scoops up packaging firm Garrett Hewitt International

St. Louis, Missouri-based Novvia is a rigid container and life sciences packaging distributor.

Wynnchurch Capital-backed Astro Shapes snaps up manufacturer Star

Headquartered in Struthers, Ohio, Astro Shapes is a maker of custom aluminum extrusions.

TPG launches new sports investing business TPG Sports

TPG Sports is anchored by a significant commitment from Lunate.

Conagra Brands to divest Chef Boyardee brand to Brynwood Partners-backed Hometown Food Co for $600m

The deal is expected to close in the first quarter of Conagra’s fiscal year of 2026.

RX3 Growth Partners backs organic nutrition brand Truvani

This marks Truvani's first external investment since its 2017 launch.

Great Hill Partners invests in wealth management firm Mission Wealth

The investment will be used to fuel Mission Wealth's organic growth, enhance its client service offering, and support the firm's national expansion plans.

Goldman Sachs-backed Xpress Wellness appoints David Pyle as CEO

Headquartered in Oklahoma City, Xpress Wellness is a provider of urgent care, primary care, and occupational medicine services across underserved communities.

L Catterton-backed Mindr recruits Jonathan Beamer as CMO

Mindr is an Urbandale, Iowa-based provider of substance safety, detection and monitoring products and services.