Deals in brief

Wind Point-backed Hasa buys Chem Eleven Products

The seller was FSTI Inc.

Bernhard Capital-backed Delta Utilities to acquire CenterPoint's natural gas operations in Louisiana and Mississippi

The sale is expected to close toward the end of the first quarter of 2025.

Truist to sell remaining stake in Truist Insurance Holdings to Stone Point and CD&R-led investor group for $15.5bn

Mubadala Investment Company and other co-investors are also participating in the investment.

Kensington-backed Element5 gets funding from Hasslacher Group

Element5 is a mass timber producer based in St Thomas, Ontario.

ACP sells energy services firm SEAM Group to ABB

The deal is expected to close in the third quarter of this year.

German VC firm Earlybird wraps up new healthcare fund

Earlybird Health Fund will predominantly invest in European companies across healthcare sectors including digital health, diagnostics, medical devices, R&D tools, and biopharma.

GMCL raises $20m for maiden seed fund

The fund will back early-growth technology businesses.

Borgman Capital snaps up regional chemical distributor TPI

Tom Perovsek will remain president of TPI, a role he has held since 2001.

Borgman Capital exits equipment rental company Aerial Work Platforms

Borgman Capital acquired AWP in December 2020 from the company founder Pat Barney.

Rubicon Technology Partners invests in Nulogy

Nulogy is a Toronto-based supply chain collaboration service provider.