TMT

Rhône to invest in Wahoo Fitness

Rhône has agreed to make a significant equity investment in Wahoo Fitness, a provider of fitness technology for indoor cycling and endurance training.

ZCG completes merger of Affinity Gaming and SIG, forming Affinity Interactive

Z Capital Partners has closed the merger of its portfolio companies Affinity Gaming, a casino gaming operator, and Sports Information Group, a New York-based B2B and B2C global omnichannel sports, technology, digital, media and wagering business.

Telus International acquires venture-backed Playment

Telus International, which is backed by Baring Private Equity Asia, has acquired Bangalore-based Playment, a provider of data annotation and computer vision tools and services.

Baupost funds Outbrain

Outbrain has secured $200 million from The Baupost Group.

Veritas Capital to exit Alion for $1.65bn

Huntington Ingalls Industries has agreed to acquire Alion Science and Technology for $1.65 billion from Veritas Capital.

PE-backed BlueHalo to buy DDES

BlueHalo, a portfolio company of Arlington Capital Partners, has agreed to acquire Albuquerque, New Mexico-based and Development Engineering Services Corporation, a maker of space-qualified electronic systems.

Genstar to sell Sphera to Blackstone

Blackstone has agreed to acquire Sphera, a provider of environmental, social and governance software, data and consulting services, from Genstar Capital.

TerraNova Partners-backed Carma acquires Priority

Carma Corp has acquired Priority Submetering Solutions and Priority Submetering Solutions (US), together an Oshawa, Ontario-based provider of utility billing solutions.