Deals in brief

LongWater-backed Midland Garage Door acquires garage door maker Martin Door

Based in West Fargo, North Dakota, Midland Garage Door is a manufacturer of commercial and residential garage doors.

Apax Partners to take tech consultancy Thoughtworks private for $1.75bn

The transaction is expected to close in the fourth calendar quarter of 2024.

Francisco Partners’ co-founder Sanford ‘Sandy’ Robertson passes away

Before co-founding Francisco Partners in 1999, Robertson was the founder and chairman of Robertson, Stephens & Company.

Quantum Capital to acquire power producer Cogentrix from Carlyle for $3bn

The transaction is expected to close between the fourth quarter of 2024 and the first quarter of 2025.

Trinity Hunt-backed Dataprise snaps up cybersecurity and managed IT services firm Phoenix IT

Dataprise is a provider of managed services and managed security services.

Northzone promotes Alter to partner

Alter is based in New York City.

TowerBrook and CD&R to take healthtech firm R1 RCM private for $8.9bn

According to the terms of the agreement, TowerBrook and CD&R will acquire all the outstanding common stock that TowerBrook does not currently own for $14.30 per share.

Bessemer promotes Begwani to VP

Begwani first joined Bessemer's India team in 2022.

Kingswood Capital acquires photography company Kodak Alaris

The seller was United Kingdom Pension Protection Fund.

GrowthCurve acquires majority stake in PureFacts, CBGF exits

PureFacts provides end-to-end revenue management software for the asset and wealth management sector.