Deals in brief

Bain Capital to take wealth tech platform Envestnet private for $4.5bn

Reverence Capital also agreed to participate in the transaction.

Madison River backs JDC Power Systems

This transaction marks MRC's second investment in the past seven months, following its spin out from the family office of Tony James, the former executive vice chairman of Blackstone.

Advent-backed Imperial Dade picks up Pro-Tech Sanitation

Pro-Tech Sanitation is a janitorial supplies and cleaning equipment provider.

Osceola Capital-backed Revelation Pharma acquires Taylors Pharmacy and Key Compounding Pharmacy

Revelation Pharma is a national network of 503A and 503B compounding pharmacies.

O2 Investment Partners unveils new pool services platform

Led by CEO John Tisera, the platform will serve customers throughout New York and New Jersey.

SGE invests in Spanish immersion childcare company Tierra Encantada

Founded in 2013, Tierra Encantada is led by CEO and founder Kristen Denzer.

HCI Equity Partners forms LawnPro Partners

Bill Viveen is serving as CEO.

Dutch VC Lumo Labs collects €100m for impact investments

Dutch venture capital firm Lumo Labs has raised €100 million for its newest fund, Lumo Rise Fund, which will invest in European start-ups focused on emerging digital technologies for a greener society.

'Faith-driven investor' Sovereign's Capital closes on its largest venture fund

Sovereign’s Capital has closed on more than $60 million for its fourth venture capital fund, which will invest in "faith-driven teams" in the US and Southeast Asia.

FFL Partners invests in Medicus IT

Medicus IT was previously backed by 424 Capital.