Deals in brief

Apollo to acquire 50 percent stake in TotalEnergies' Texas solar and BESS portfolio

TotalEnergies will retain a 50 percent stake in the portfolio and continue to operate the assets, which include Danish Fields, Cottonwood and Hill Solar I.

Mubadala Capital-backed Canada Cartage to acquire CPX

CPX is a provider of temperature-sensitive transportation and logistic services.

Oaktree-backed Aecon Utilities buys Ainsworth’s electrical services and power systems unit

Birch Hill-backed GDI Integrated Facility Services is the seller.

Longacre Group buys majority stake in Veracity UK

Veracity UK is a supplier of cybersecure connectivity products and software for the enterprise video surveillance market.

Partners to sell Germany’s VSB Group at €1.6bn equity value

VSB is a renewable energy platform in Europe.

Kudu invests in RiverNorth Capital Management

The capital infusion will be used by RiverNorth for growth.

Bain Capital-backed Eleda buys trio of companies from Vestum

The acquisitions have intensified Eleda’s investment in the railway sector.

CCMP Growth Advisors snaps up Combined Caterers

As part of the transaction, Falfurrias Capital Partners will exit its investment in Combined Caterers.

Corrum Capital completes continuation fund for AvAir

The transaction provided liquidity to Corrum’s existing limited partners and follow-on capital to support the company’s growth and expansion.

Bridge Growth Partners sells software firm to Capgemini

The sale of Syniti to Capgemini represents Bridge Growth’s fourth full cash exit over the past three years.