Deals in brief

Houlihan Lokey taps Shepherd as managing director for capital markets group

Based in Chicago, Shepherd will co-lead the firm’s healthcare capital markets efforts alongside Managing Director Neha Shah.

Data analytics software firm Ocient bags $49.4m Series B extension

The investors include Buoyant Ventures, Levy Family Partners, Riverwalk Capital, and Wolf Capital Management.

Foundation Investment Partners snaps up Spartan Tool Supply

Derel Elbaor is serving as CEO of Spartan Tool Supply.

Transom Capital exits legal education provider Aspen Publishing

The buyer is UWorld LLC.

BlackRock to acquire wealth manager SpiderRock Advisors

BlackRock made a minority investment in SRA made in 2021.

Blue Wolf taps Hecht as operating partner

In this role, he will specialize in healthcare investments.

Fortrea to sell endpoint clinical and patient access businesses to Arsenal

The deal is expected to close the second quarter of 2024.

BVG appoints Hodges as principal

Based in New York, Hodges will focus on sourcing and executing new investment opportunities, as well as working closely to enhance the value of BVG’s existing portfolio companies.

CAI Capital invests in DWB Consulting Services

DWB is a consultancy providing environmental, forestry and engineering services.

Fonds de solidarité FTQ goes for minority stake in Pultrall

Pultrall is a composite material parts manufacturer using the pultrusion process.