Funds managed by CapVest, a private equity firm focused on companies supplying essential goods and services, have acquired Ricochet, a portfolio company of HIG Capital, with HIG set to remain as a minority investor in the vompany.

Princeton Equity Group, a private equity firm focused on the franchisor and multi-unit industry with nearly $1.2bn in AUM, has completed its strategic investment in Pirtek, a franchisor of hydraulic hose repair and replacement services.

Avid, a provider of tech solutions to the media and entertainment industry, private equity investment firm STG in an all-cash transaction valuing the business at approximately $1.4bn, including net debt.

Private investment firm Bain Capital is close to agreeing a deal to acquire Guidehouse, a consulting firm that advises government organisations and businesses, from Veritas Capital for $5.3bn including debt, according to a report by The Wall Street Journal.

Monomoy Capital Partners, a private investment firm focused on private equity and credit investing in the middle market, has sold portfolio company Shaw Development to private equity firm Madison Dearborn Partners.

Sustainable infrastructure investment firm Pioneer Point Partners’ Pioneer Infrastructure Partners fund is to acquire Esken Renewables, a UK-based supplier of sustainable waste-derived biomass fuel for £108m.

Greenbelt Capital Partners (Greenbelt), a growth-oriented middle-market private equity firm, has acquired Saber Power Services, a fully integrated, substation and medium-to-high-voltage infrastructure services platform, in partnership with funds managed by Schroders Capital, StepStone Group and Wafra Inc.