Hastings Equity Partners (Hastings), a private equity firm focused on investing in lower middle market energy services and equipment companies, has made its fifth Fund III platform investment in Cactus Fuel. Based in Midland, Texas, Cactus Fuel is a value-added distributor of fuel and lubricants to upstream and midstream customers

Buy-to-build private equity firm Silverfleet Capital is to acquire a majority stake in Coventya from Equistone Partners Europe Limited for an undisclosed sum. The transaction is subject to competition clearances.  Coventya, a Paris-headquartered company with a strong international presence, develops, manufactures and supplies specialty chemicals used for surface treatment. Founded

Black Diamond Capital Management is to acquire ArcelorMittal's LaPlace, LA, Harriman, TN and Vinton, TX  steelmaking and finishing operations focused on the production and sale of long carbon steel products in North America. The LaPlace operations are primarily located outside of New Orleans with an additional rolling mill in Harriman,

Middle market private equity firm GI Partners (GI) is to acquire Netsmart Technologies in partnership with Allscripts Healthcare Solutions, which will then merge its Allscripts' homecare software business unit with Netsmart. Netsmart is the provider of software and technology solutions designed especially for the health and human services sector, enabling

Growth-focused private equity firm Tritium Partners has formed a new acquisition platform with Max Narro, which will focus on acquiring companies and products in the financial technology sector. Narro joins Tritium as a CEO Partner in the Tritium CEO Partners program where he will work closely with the firm to

Private equity investor Spring Ventures has backed the MBO of Home from Hospital Limited, trading as HFH Healthcare (HFH), providing GBP10.6m of equity in return for a majority stake, in addition to underwriting the acquisition debt requirement. Healthcare is one of four key sectors Spring Ventures focuses on. The UK

CI Capital Partners has acquired a majority interest in Hero Digital, a digital consulting firm based in San Francisco. Terms of the transaction have not been disclosed. Hero’s management retains a significant equity stake in the company. CI Capital Partners, a New York-based private equity firm, has acquired a majority

Asure Software has acquired Mangrove Employer Services, a Tampa, Florida-based cloud SaaS vendor in Human Capital Management (HCM) applications.  The company develops, and implements HR, Payroll, Benefits, and Talent Management software solutions. Mangrove’s HCM suite of solutions is designed to be easy-to-use, with fully integrated HR/payroll applications to help companies

Coherent is to acquire Rofin for USD32.50 per share in cash, in a transaction valued at approximately USD942 million.  The transaction is expected to close within six to nine months, subject to approval by Rofin stockholders, regulatory approvals in the US and other countries as well as other customary closing