Deals in brief

Stone Point to take majority stake in financial services firm Kestra Holdings

Warburg Pincus will exit its investment in Kestra following the deal's closing while Oak Hill Capital will remain a minority owner.

Frazier Healthcare Partners buys health tech firm DirectMed

The seller was NMS Capital.

Archimed scoops up FIM Medical

FIM Medical is a company in the occupational health medical device market in France.

Life sciences investor Forbion raises more than €2.2bn across two funds

Forbion Growth Opportunities III raised €1.2 billion and Forbion Ventures VII raised €890 million.

NewSpring Holdings acquires federal software provider Xpect Solutions

NewSpring Holdings is NewSpring's majority investment strategy focused on sector-specific platform builds.

Novacap-backed Syntax Systems snaps up Argon SCS

Argon SCS provides warehouse management and supply chain optimization products.

Falfurrias invests in govtech firm Neighborly Software

Neighborly Software co-founder and President Jason Rusnak, and co-founder and Chief Operating Officer Chris Behm will continue to lead the company.

Advent International taps Sharma as senior advisor

Previously, Sharma was CEO and co-founder of InStride.

Post Oak Energy Capital backs Tiburon Oil & Gas Partners

In conjunction with the investment from Post Oak, Tiburon closed on an initial acquisition of a leasehold in the Utica Shale play in Ohio.

Summa Equity invests in EA Technology

EA Technology is a service provider for the monitoring and management of electricity grids and assets.