Industrials

MiddleGround Capital makes second European platform deal with IT8

IT8 is an independent engineering services company.

MPE Partners invests in manufacturer Webster Industries

Fidelity Direct Lending and Apogem Capital provided financing to support the transaction.

Rock Hill and Cynosure invest in Service Truck Depot

Based in Houston, Rock Hill Capital invests in the lower middle market.

Mutares exits stake in Frigoscandia to Dachser

Frigoscandia is a full-service temperature-controlled logistics provider in the Nordic market.

Artemis-backed McDanel scoops up manufacturer Rayotek

McDanel is a maker of advanced material technical solutions.

TruArc Partners snaps up chemical manufacturer Meyer Lab

The sellers were Meyer Lab owners Russell Meyer and William “Rusty” Meyer.

Pfingsten-backed Fairbank Equipment acquires manufacturer Big W Sales

Big W represents Fairbank’s second strategic acquisition since Pfingsten became the majority shareholder in December 2021.