North America

Lovell Minnick-backed Xactus acquires

This addition will operate as XedaLink, an independent subsidiary of Xactus.

DigitalBridge to acquire ArcLight for $1.05bn

The consideration includes a base purchase price of $650 million, plus up to an additional $400 million of contingent consideration.

Shore Capital-backed Ondex Automation acquires electrical engineering firm The Fitch Company

Ondex Automation is a Chicago-based discrete and process automation systems integrator.

Straylight Capital backs loyalty rewards provider Patron Points

Scaleworks and Straylight co-investors participated in the transaction.

Periscope Equity invests in payments tech firm Amusement Connect

John Tarpley and Frank Licausi will be moving forward with Amusement Connect as CEO and chief customer and brand officer, respectively, in partnership with longtime president Tom Jayroe.

CIG sells music school franchise Bach to Rock to Spark Harbor

Spark Harbor is an operator of franchised youth activity brands.