Deals in brief

ICG-backed Ambient Enterprises inks credit facility from LBC

Based in New York City, Ambient is a HVAC design firm.

Ballistic Ventures names Blasco and Heilman advisers

Cybersecurity specialist Ballistic Ventures, which is in market seeking to raise $300 million for its sophomore fund, has named Jaime Blasco and Marshall Heilman as threat intelligence advisers.

API payments-as-a-service platform Trice picks up seed VC

The round included investments from Diagram Ventures, Royal Bank of Canada and JAM FINTOP.

RTC Partners-backed Verdantas snaps up water services firm Peterson Brustad

Verdantas is a provider of environmental consulting, sustainable engineering, modeling and digital technology.

Ice cream products maker Mini Melts secures investment from Altamont Capital

Mini Melts founder and CEO Dan Kilcoyne will remain CEO of the business and a major investor alongside Altamont and existing shareholders.

Kian promotes Lee to partner and Hare to principal

The appointments were effective January 1, 2024.

ArcLight forms Alpha Gen to manage its power infrastructure portfolio

The portfolio has nearly $2 billion in annual revenue.

Kainos Capital promotes Koch to principal and Stanek to manager

Previously, Koch was a vice president and Stanek was a senior associate.

TA invests in financial software firm CSI

Centerbridge Partners and Bridgeport Partners will retain their positions as majority and minority investors, respectively.

OCTS makes three acquisitions, forms Tricor-backed Overland Group

The new Overland Group is a specialty container transportation company operating in Western Canada.