Deals in brief

Cathay Capital-backed IMT acquires manufacturer Check Technology

IMT is an industrial technology platform specializing in interface and control solutions.

Colbeck Capital taps Talisman as managing director and originations head

Most recently, Talisman was managing director at Principal Alternative Credit.

Synopsys to sell software integrity group business to Clearlake Capital and Francisco Partners for $2.1bn

The transaction is currently expected to close in the second half of 2024.

Brookfield to invest in private credit manager Castlelake

The amount of capital to be invested will be about $1.5 billion, including capital to be invested in Castlelake’s investment strategies by Brookfield Reinsurance.

CPP and GIP-led investor group to take private utility company Allete

The partnership agreed to acquire Allete for $67 per share in cash, or $6.2 billion, including the assumption of debt.

L2 Capital buys BBQ products brand Kosmos Q

Oxer Capital Partners and Salem Investment Partners co-invested in the deal and provided the debt financing.

KKR to scoop up medical devices firm Healthium

The seller is Apax.

Grovecourt-backed TMC snaps up transportation and traffic engineering firm Lincks & Associates

TMC is a transportation planning and traffic engineering firm.

EQT to take digital consultancy Perficient private for $3bn

According to terms of the agreement, Perficient stockholders will receive $76 per share in cash for each share of common stock they own.

Crestview Partners-backed Emerald Technologies buys Optimum Design Associates

Emerald Technologies is a provider of electronics manufacturing services.