Deals in brief

True Ventures appoints Rose and Montano as partners

True Ventures has named Kevin Rose and Mike Montano as partners. Both were previously venture partners at the firm and had raised capital from True for their start-ups.

Truelink Capital-backed Trulite snaps up glass fabrication firm Dependable Glass Works

Trulite is a provider of architectural glass and aluminum solutions.

Red Arts Capital promotes Hull to principal

Hull began his tenure at Red Arts in 2020 while obtaining his MBA from the University of Chicago.

CD&R taps Crawford as operating advisor

In this role, Crawford will help the firm identify and evaluate new investments in the financial services sector and work closely with CD&R’s team and management teams of existing portfolio companies to support their growth.

Agellus Capital acquires IT firm CompassMSP

Agellus will merge CompassMSP with portfolio company BlackPoint, a Seattle-based provider of cloud, security, and managed IT infrastructure services.

BC-backed United Group to sell non-EU telco assets at combined EV of €1.5bn

The assets are SBB doo Belgrade, NetTV Plus business and its sports broadcasting rights for the Western Balkans.

Arsenal Capital-backed OncoHealth appoints Maack as CEO

He is succeeding Rick Dean, who transitions to an advisory role.

AI-driven HR platform ConverzAI inks $16m Series A

Menlo Ventures led the round with participation from Left Lane Capital, Foundation Capital and Afore Capital.

Riverside Company acquires South Sound Fire & Safety as add-on for PSI

Based in Portland, Oregon, PSI is a provider of fire and life safety services.

KKR to sell manufacturer Kito Crosby to Columbus McKinnon for $2.7bn

The deal is expected to close later this year.