Deals in brief

Charlesbank invests in investment advisors' financial partner Rise Growth Partners

With capital from Charlesbank and Rise management, Rise will seek to acquire significant minority stakes in select RIA firms.

Arsenal Capital taps Marquis as president

In this newly created role, Marquis will chair the firm’s management committee and continue to lead Arsenal’s strategic human capital and culture-building responsibilities.

Metalmark-backed MM OS Holdings to sell minority stake in Octomera to Orgenesis

Orgenesis is a global biotech firm.

New State Capital-backed PAX snaps up Cram Roofing

Based in Millersville Maryland, PAX is a provider of roofing and exterior services.

GTCR completes buyout of payments technology provider Worldpay from FIS

The deal puts Worldpay at a valuation of $18.5 billion.

Serruya-backed Aegis Brands to sell Bridgehead Coffee

Bridgehead Coffee is an Ottawa-based roasting, wholesale and coffeehouse business.

Student transportation services firm Zum inks $140m Series E

GIC led the round.

Acorn Growth-backed TSS Solutions appoints Ambrose as COO

Based in West Melbourne, Florida, TSS Solutions is a provider of ground-based tactical and fixed-position radar and SATCOM systems.

Balance Point Capital promotes Groher to managing director, Freshman to SVP and O'Connor to senior associate

Also, the firm hired Wills Danielsen and Nina Loruss as associates on the investment and investor relations teams, respectively.

Speedinvest raises €350m for its fourth fund

The fund's limited partners include Aviva, PwC Germany, Bitburger, ODDO BHF, Abeille Assurances Ventures, the European Investment Fund and Generali.