TMT

PE-backed Kongsberg PCS buys MultiCam

Kongsberg Precision Cutting Systems, which is backed by OpenGate Capital, has acquired MultiCam, a maker of computer numerical code cutting machines.

WCAS-backed MMIT and Hg-backed Evaluate merge

Managed Markets Insight & Technology, a provider of market access data, analytics and insights, and Evaluate, a provider of commercial intelligence and predictive analytics to the pharmaceutical industry, have merged.

Stonepeak closes Astound Broadband acquisition

Stonepeak has completed its previously announced buyout of Astound Broadband for $8.1 billion.

Partners Group agrees to sell Straive to Baring Private Equity Asia

The firm acquired a majority stake in Straive, then known as SPi Global, in 2017.

ATL Partners invests in GEOST

ATL Partners has made an investment in GEOST, a Tucson, Arizona-based provider of of small-to-medium sized electro-optical/infrared sensors for national security space missions.

Gryphon-backed Highmetric buys NewRocket

Highmetric, a portfolio company of Gryphon Investors, has acquired NewRocket, a San Diego-based provider of enterprise employee portals.

Graycliff-backed WorldWide Electric buys Georator Corporation

WorldWide Electric, which is backed by Graycliff Partners, has acquired Georator Corporation, a provider of rotary and solid-state power frequency converters for applications in the industrial, aerospace, and government sectors.

Vault Verify secures investment from PSG

PSG has made a "significant" investment in Vault Verify, a human capital management platform.

Investor group to take Inovalon private for $7.3bn

An investor group led by Nordic Capital and Insight Partners has agreed to acquire Inovalon in a take-private deal for about $7.3 billion.

Altus Assessments buys Pender-backed One45 Software

One45 Software, a portfolio company of Pender Growth Fund, has been acquired by Altus Assessments, a Toronto-based education technology business.