Deals in brief

Andrew Les joins Fort Point Capital as VP

In this role, Les will focus on supporting portfolio companies and executing new investments in the business-to-business services sector.

Macquarie Asset Management acquires utility service provider DynaGrid

DynaGrid primarily operates across the Sunbelt and the Midwest.

CDPQ to sell 3.6m common shares of Intact Financial Corp

CDPQ expects to receive gross cash proceeds of approximately C$996.5 million from the sale.

Advent International completes Sauer Brands buyout

The seller was Falfurrias Capital Partners.

Charlesbank Capital-backed Rise Growth Partners invests in wealth management firm Grimes & Company

Rise Growth Partners is an Austin-based financial partner for investment advisors.

Sandbrook to acquire Electro Rent's intellirent unit in carve-out deal

Headquartered in West Hills, California, Electro Rent is a portfolio company of Platinum Equity.

Kartesia, Apposite-backed Kelso Pharma buys ALTURiX

Milton Keynes-based ALTURiX is a pharmaceutical company.

BDC Growth Equity leads C$23 million financing of Quadshift

Quadshift is an acquirer and operator of software companies across a variety of vertical markets.

PE-backed Menlo Security scoops up data security platform Votiro

Based in Silicon Valley, Menlo Security is a cybersecurity firm.

Stellex Capital taps LaDuke as portfolio operations head

LaDuke joins Stellex from Platinum Equity where he was a senior team member of the firm’s portfolio operations team.