Dealmaking

Mubadala and management to acquire Softbank’s Fortress; Amulet acquires clinical site platform

SPC-backed Patriot Pickle acquires pickle manufacturer First Place Foods.

Blackstone makes precious stone play; Bain reveals Caverion holding; Silver Lake takes stake in TeamSystem

TeamSystem is a provider of business software products to companies and accountants in Italy and Spain.

Ambienta exits portfolio company Next Imaging

Next Imaging is a distribution platform of imaging and machine vision services.

Blackstone picks up International Gemological Institute

IGI is an independent lab for testing and grading gemstones and fine jewellery.

Silver Lake to acquire minority stake in TeamSystem

TeamSystem provides business software products to companies and accountants in Italy and Spain.

Abry and Castik part with Reward Gateway in £1.15bn sale

Edenred, the buyer, is a digital platform for employee benefits services and payments headquartered in France.

KKR, L Catterton invests in Restaurant365; Sentinel Capital exits ECM for $1.1bn; 6 solar deals in PE

Private equity bets on solar energy.

Six solar investments for the North American private equity market

Wood Mackenzie forecasts the US community solar market to grow 118% over the next five years.

Audax-backed BlueCat snaps up Men&Mice; European M&A trends in Q1; Verdane’s Papirfly takes Keepeek

Keepeek offers a platform for marketing and communication teams to organise, manage and distribute their multimedia content.

Aksia Group-backed Scarabelli Irrigazione buys Europlast, FGR, Samcla

Europlast and FGR are Italian companies active in the design and construction of moulds.