Deals in brief

Lincoln Financial inks $825m from Bain Capital

As part of the deal, Bain Capital will acquire a 9.9 percent stake in Lincoln Financial.

M/C Partners backs human capital research firm The Institute for Corporate Productivity

The investment will support additional growth opportunities for i4cp.

Quad-C invests in Tax Protection Plus

TPP’s management team led by CEO Matt Lievens will remain in their current roles and be significant shareholders.

Lindsay Goldberg-backed Kleinfelder picks up design, engineering and environmental services firm Veenstra & Kimm

Headquartered in San Diego, Kleinfelder is an engineering, design, construction management, construction materials inspection and testing, and environmental professional services firm.

Garnett Station Partners taps Mike Drittel as principal

Previously, he worked at General Atlantic where he was a vice president.

Bain Capital to snap up healthcare tech firm HealthEdge from Blackstone

The transaction is expected to close during the second quarter of 2025.

SK Capital exits chemicals firm Florachem

SK Capital acquired Florachem in April 2022.

EQT to sell consumer health platform Karo to KKR

The company’s product portfolio spans categories such as skin health, foot health, and intimate health, as well as digestive health and vitamins, minerals and supplements.

KKR, Stonepeak agree £1.6bn offer for Assura

Assura is a UK healthcare real estate investment trust.

Strategic Value Partners and Blantyre Capital buy OQ Chemicals

OQ Chemicals will reinstate its name to Oxea.