Deals in brief

venBio raises $528m for fifth fund

venBio Fund V will invest in life science companies.

PE-backed Averna acquires Global Equipment Services

Kimball Electronics is the seller.

Ballistic Ventures taps cybersecurity expert General Nakasone as strategic advisor

Previously, General Nakasone was commander of U.S. Cyber Command, a director of the National Security Agency and chief of the Central Security Service.

Serent Capital-backed Studio Designer picks up Mydoma

Mydoma is a project management and design business platform for interior designerst.

Behrman to sell manufacturer kSARIA to ITT Inc for $475m

The transaction is expected to close before the end of the third quarter of 2024.

Berkshire Partners and LGP invest in pharmacy franchise Vital Care

Linden Capital Partners, which invested in Vital Care in 2020, remains an ongoing investor.

Avista-backed WellSpring buys feminine care brand vH essentials

Founded in 1999 in Sarasota, Florida, WellSpring is a developer of OTC brands in the US and Canada.

Renewable power company BrightNight inks $440m investment from Goldman Sachs Alternatives

In addition to Goldman Sachs, current BrightNight investors and partners include Global Infrastructure Partners and CPPIB-backed Cordelio Power.

Transom Capital-backed BridgeTower Media buys publication Virginia Business

BridgeTower Media is a business intelligence, marketing and event platform.

KKR completes acquisition of solar developer Avantus

As a result of this transaction, KKR and EIG are the sole equity investors in Avantus.