Deals in brief

RedBird Capital-backed Arax acquires wealth management and investment advisor Cedrus Financial

Arax is a wealth and asset management firm.

APG and Northstar-backed Fresche Solutions acquires OmniData

Montreal-based Fresche provides a suite of software and service solutions that help modernize and transform IT applications and systems.

Archimed exits clinical diagnostics company Diesse to Fremman Capital

The sale has returned 4.6x invested capital to shareholders.

ICV partners acquires asbestos abatement service firm Environmental Remedies

Scott Tamayo serves as CEO of ERI.

Stellex Capital to acquire US assets of Rokstad Holdings Corp

Rokstad is a provider of transmission and distribution services for critical power infrastructure across Canada and the US.

Frazier Healthcare-backed DirectMed Imaging acquires Richardson Healthcare's Fort Mill, SC operation

DirectMed is a supplier of aftermarket medical imaging parts, systems, and training.

PE-backed Aptean to acquire software provider Logility Supply Chain Solutions

Aptean is a provider of enterprise software solutions.

HCI Equity-backed LawnPRO scoops up lawn care treatment and pest control services firm Gro-Masters

LawnPRO is a platform focused on residential lawn care treatment and tree, shrub and pest control services.

Diversified Energy acquires EIG-backed Maverick Natural Resources for nearly $1.3bn

Maverick is a Houston-based oil and gas company.

Blackford Capital-backed Paciv snaps up industrial controls panel maker Ace Controls

San Juan, Puerto Rico-based Paciv is a provider of industrial automation solutions.