Canada

Arctic, owned by DDJ, Brigade and Western Asset, buys mining assets

Arctic Canadian Diamond Company has sold the Ekati Mine and other assets from Dominion Diamond Mines to Arctic, a business owned by DDJ Capital Management, Brigade Capital Management and Western Asset Management Company.

FAX Capital acquires stake in Quisitive Technology Solutions

Toronto-based Microsoft solutions provider Quisitive Technology Solutions has agreed to receive C$20 million in private placement financing.

Valsoft Corp acquires Britain's Datastor Systems

Valsoft Corp has acquired Datastor Systems, a Congleton, UK-based designer and supplier of process control solutions.

Altamont-backed Accelerant buys insurance carrier CICA

Accelerant, which is backed by Altamont Capital, has acquired Commonwealth Insurance Company of America from Brit Group, a subsidiary of Fairfax Financial.

DP World, CDPQ invest in Brazilian port and industrial logistics park

DP World and Caisse de dépôt et placement du Québec have agreed to partner with Maspion Group to construct a container port and industrial logistics park in Gresik, Indonesia.

Snap-On acquires HGGC-backed Dealer-FX for $200m

Snap-on Inc has acquired Markham, Ontario-based Dealer-FX, a portfolio company of US private equity firm HGGC, for $200 million in cash.

Insight invests in HBC's new luxury e-commerce business Saks

Insight Partners has made a $500 million investment in Saks Fifth Avenue's luxury ecommerce platform, putting the new standalone business at a valuation of $2 billion.