Deals in brief

Riverside-backed PFB to sell EPS insulation business Plasti-Fab

Carlisle agreed to purchase Plasti-Fab for $259.5m in cash.

Wafra to acquire engine leasing platform from Warburg Pincus

The deal is expected to close in the fourth quarter of this year.

Runtide Capital-backed Ascent Solutions appoints Thompson as revenue acquisition SVP

Based in Minneapolis, Ascent Solutions is a cybersecurity firm.

Audax Private Equity acquires Avantor's clinical services businesses

Moelis & Company LLC served as financial advisor to Audax and Ropes & Gray LLP provided legal counsel.

GTCR-backed Foundation Source snaps up charity-focused fintech firm Vennfi

Foundation Source is a provider of charitable giving solutions.

THL Partners invests in life sciences communications firm Red Nucleus

According to a source familiar with the matter, the seller was The Riverside Company and the purchase price was over $750 million.

Biotech firm Terray Therapeutics lands $120m Series B

The capital infusion will be used to progress internal programs into clinical trials and further enhance Terray’s integrated AI platform, tNova.

Xerox to acquire PE-backed ITsavvy for $400m

ITsavvy is a portfolio company of GenNx360 Capital Partners.

Silver Lake and GIC to acquire enterprise software company Zuora in $1.7bn take-private deal

GIC is also participating in the transaction.

Ancala funds Noventa's buy of Scottish heat from wastewater assets

The assets are located in Glasgow, Stirling and Campbeltown.