Deals in brief

BU buys Communardo to drive European expansion

Communardo is a software and consultancy service provider for the digital workplace.

Energy Capital Partners acquires power solutions provider Proenergy

The sellers are Eos Partners and Acon Investments.

Tower Arch Capital recaps ACS Manufacturing

Bank of America, Truist Bank, UMB Bank, and Zions Bank provided the financing for the transaction.

GTCR completes buyout of wealth management tech platform AssetMark

AssetMark shareholders received $35.25 per share in cash following the transaction.

Brighton Park Capital appoints Williams as operating partner

Previously, he was the chief revenue officer at Degreed.

Kian Capital-backed Team Air buys HVAC wholesale distributor Best Choice Supply

Headquartered in Nashville, Team Air is a wholesale distributor providing OEM-branded HVAC equipment, parts and supplies to residential and commercial contractors.

WCAS acquires fintech firm EquiLend

Joining WCAS as owners of EquiLend are founding shareholders and customers including Bank of America, BlackRock, Goldman Sachs, Morgan Stanley, National Bank of Canada, State Street, and UBS.

Vestar promotes Ptacek to VP

Ptacek joined Vestar in 2022.

Peak Rock-backed Rochester Midland picks up Industrial Water Technologies

Headquartered in Rochester, New York, Rochester Midland is a provider of technical services and specialty chemical products across water treatment, food safety and other verticals.

RedBird Capital-backed Bishop Street scoops up Conifer Insurance Services

Bishop Street is an insurance platform.