Deals in brief

Mehta rejoins Vector Capital as managing director

Previously, Mehta was at Vector for 12 years.

New Mountain invests in mid-market business advisor and investment bank Portage Point Partners

Jefferies served as sole financial advisor to Portage Point on the deal.

Altor to buy majority stake in CCM Hockey from Birch Hill

CCM Hockey is a Canadian hockey equipment manufacturer.

Castle Harlan acquires educational furniture manufacturer Alumni

Alumni has been backed since 2019 by Ironbridge Equity Partners.

GIC to take minority stake in environment services firm Reworld

EQT Infrastructure, which took Reworld private in November 2021, will remain the largest shareholder following the closing of the transaction.

PE-backed Mercer Advisors snaps up wealth management Kades & Cheifetz

Based in Denver, Mercer Advisors is a wealth management and financial planning firm.

Turnspire snaps up consumer products firm GHP Group

William Blair & Company LLC acted as financial advisor to Turnspire.

LongWater rolls out new railcar services firm Cypress Rail Solutions

In conjunction with its formation, Cypress has acquired certain railcar maintenance assets of Northern Plains Rail Services, a provider of rail services in North Dakota.

Bessemer Investors backs facility managed services provider W Services Group

W Services founder and CEO Matthew Whelan will continue to lead the company.

SGP invests in radio communication equipment provider Sunny Communications

The capital, which was also provided by Everside Capital Partners, was used by Sunny for a recapitalization.