Deals in brief

CIO Eduard van Gelderen to depart PSP Investments

Effective immediately, Alexandre Roy, senior managing director, total fund management, will take on PSP Investments' CIO office responsibilities on an interim basis.

Goldner Hawn-backed Cyber Advisors snaps up cybersecurity testing firm BAI Security

Cyber Advisors is a provider of cybersecurity and technology solutions.

Carlyle to acquire car parts distributor Worldpac for $1.5bn

The transaction is expected to close before the end of the year.

Arsenal to acquire medical billing service firm Knowtion Health

Knowtion Health's current majority owner Sunstone Partners will maintain a significant co-investment in the company.

O2 Investment Partners-backed FCAH Aerospace buys aerospace company Innodyne

FCAH Aerospace is a provider of aftermarket aviation solutions.

Core Industrial Partners-backed PrecisionX acquires manufacturer Ditron

Headquartered in Waterbury, Connecticut, PrecisionX is a provider of precision metal components.

Prudent Growth Partners exits North Carolina shopping mall Alamance Crossing

The purchase price was $5.7 million.

Water Street Healthcare Partners taps Shtepani as VP

In this role, Shtepani will pursue attractive investment and growth opportunities in middle-market healthcare businesses.

MidOcean-backed QualiTech acquires Ellison Bakery

QualiTech is a Chaska, Minnesota-based manufacturer of plant nutrition, animal nutrition and food ingredient products and services.

White Wolf-backed Seacoast buys Advanced Cooling and Heating

SSP is a platform focused on providing plumbing, HVAC and refrigeration services across the Southeastern US.