Deals in brief

Wynnchurch exits flow control specialist FloWorks to Ferguson for $1.6bn

The total consideration represents an acquisition multiple of 10x LTM adjusted EBITDA, including expected synergies of approximately $45 million

HIG Capital's OB Streem completes acquisition of Med Frigo in Greece

Founded in 1991, Med Frigo has built a leading position in temperature-controlled logistics for Greece's aquaculture export market, according to the company.

Ardian to take majority stake in German battery-tech firm Munich Electrification

Munich Electrification builds battery management systems and sensor technology for electric vehicles and energy storage systems, serving automotive OEMs and Tier-1 suppliers across Europe and the US.

Bridgepoint signs deal for majority stake in Danish defense company UMag

UMag Solutions develops drone-based subsurface threat detection technology used to identify landmines, naval mines and submarines for NATO and allied militaries.

CenterGate Capital invests in Canadian Dental Labs

Based in Toronto, CDL manages eleven dental laboratories across Canada.

Carlyle exits solar and energy storage developer Copia to EQT for $2.6bn

The acquisition builds on EQT's broader AI infrastructure portfolio, including EdgeConneX, Zayo, Zelestra, OX2, Madison Energy, Cypress Creek Energy and Scale Microgrid

Apollo to invest €3bn in pharmaceutical biz Bayer

Bayer is a German multinational developer and provider of pharmaceutical and agricultural products and services.

Blue Wolf appoints Anne Bailey as lead operating partner

George Judd, who joined Blue Wolf in 2018 and previously served as lead operating partner, will continue as an operating partner at the firm.

Decathlon invests in diagnostics firm Amprion Inc

Decathlon Capital Partners will support the expansion of Amprion's diagnostic testing capacity for neurodegenerative diseases such as Parkinson's disease, Lewy body dementia, and Alzheimer's disease.

Charlesbank completes investment in secondaries PE firm Overbay

The Overbay team remains significant long-term shareholders alongside Charlesbank and retains control and independence of all investment activities.