Deals in brief

Altamont Capital completes first continuation fund for Taco Bell franchisee Tacala

Blue Owl Strategy Equity and Pantheon led the transaction.

Vance Street Capital scoops up Aviation Products Systems

In addition to the acquisition, Vance Street has also rebranded its group of general aviation and business aviation brands to Victor Sierra Aviation Holdings LLC.

Lone Star to buy Carrier Global's commercial and residential fire business for $3bn

Headquartered in Palm Beach Gardens, Florida, Carrier Global is a provider of intelligent climate and energy solutions.

Create Health Ventures nabs $21m for debut fund

The venture firm is focused on early-stage digital health startups with founders from the healthcare industry.

Balderton Capital racks up $1.3bn across two funds

The funds target European companies from seed to IPO.

HarbourView snaps up select music publishing assets of record producer/songwriter Noel Zancanella

Among the popular artists Zancanella has collaborated with are Maroon 5, Ariana Grande, Demi Lovato, Adele and Smashing Pumpkins.

Partners Group-backed Budderfly acquires Sunverge Energy's distributed energy resource management platform

Budderfly is a US-based Energy as a Service company.

Freestyle VC appoints Palma as GP

Palma's responsibilities will include leading new investments, supporting portfolio founders and aiding in the evolution of the firm's investment thesis.

Southfield Capital partner Timothy Lewis passes away

Lewis joined Southfield in 2014.

Healthcare advisor Chartis scores investment from Blackstone

The investment includes continued equity participation from Audax Private Equity.