Deals in brief

National Grid Partners commits $100m to back AI startups

The capital will accelerate development of a grid that supports economic growth, reduces customer costs, helps meet climate goals and ensures energy security.

Early-stage VC firm Informed Ventures launches

Informed Ventures will be assuming responsibility for GSR Ventures in the US.

Bluestone-backed RWS Global acquires vocal rehearsal app Harmony Helper

Headquartered in New York, London, Cincinnati, Shanghai, Orlando and Sydney RWS Global is a provider of live shows, destinations and immersive experiences.

Argosy Private Equity forms chimney and hearth services acquisition platform Endura Services

Endura’s first acquisition was Chim Chimney Inc, a Nashville-based chimney and hearth services business.

H&F-backed Enverus picks up Pearl Street Technologies

Enverus is an energy-dedicated SaaS company.

Keensight Capital buys stake in digital service provider Actico

Actico specialises in digitising regulatory compliance, asset management, regulatory reporting and automating credit risk management for banks and insurers.

CVC to sell Ethniki Insurance to Piraeus Bank in €600m deal

Ethniki Insurance is a composite insurer in Greece.

PSP Investments to buy minority stake in 407 ETR from CPP Investments

The purchase price is about $2.39 billion payable at closing, and a deferred payment to be made up to 18 months after closing.

Round Hill Music Royalty Partners taps Jeff Bunder and James King for C-suite

Bunder is based in Nashville and King is in London.

Permira snaps up Encore Fire Protection from LLCP

The transaction was for $1.8 billion.