Pharos Capital Group (Pharos), a private equity firm based in Dallas and Nashville, has sold its stake in portfolio company TechLab, a developer and manufacturer of rapid, non-invasive diagnostic tests for infectious disease, intestinal inflammation, and parasitology, to SSI Diagnostica, a portfolio company of the private investment firm Adelis Equity

Real assets investment specialist PATRIZIA has completed the merger of SAREN Energy with Kvitebjørn Varme AS (KVAS), a district heating operator in Tromsø, northern Norway.  SAREN Energy, which is owned by PATRIZIA investors, including PATRIZIA European Infrastructure Fund II (EIF II), is now one of the largest district heating operators

Thrive Foods (Thrive), a portfolio company of Entrepreneurial Equity Partners (e2p), a Chicago-based private equity firm focused on the food and consumer packaged goods industries, has acquired Freeze-Dry Foods (FDF) from Cumming Capital. Financial terms of the transaction have not been disclosed. Founded in 1968, FDF is a contract manufacturer

Tencarva Machinery Company (Tencarva), a value-added distributor of flow control and process equipment solutions and services to the industrial and municipal end-markets, and a portfolio company of Bessemer Investors, has acquired Fischer Process Industries (Fischer Process), a distributor of pumps, valves and process equipment.  Fischer Process’s existing management team, including

Battery Ventures, a global, technology-focused investment firm, has reinvested in Forterro, a European provider of enterprise-resource planning (ERP) software for the industrial mid-market.  With the investment, Battery now holds a significant minority share of Forterro, a company the firm previously built into a multi-national, European software provider and subsequently sold

Prescott’s a provider of refurbishment, maintenance, repair and service work for surgical microscopes utilised in hospital operating rooms and ambulatory surgery centres, and a portfolio company of Atlantic Street Capital (ASC), has expanded into the anaesthesia specialty service and support sector with the acquisition of Heartland Medical Sales & Service

Blue Ridge ESOP Associates (Blue Ridge), a portfolio company of Levine Leichtman Capital Partners (LLCP), has acquired substantially all of the tax benefits plan services (BPS) business of Crowe LLP.  The addition of the BPS business strengthens Blue Ridge’s position as an independent ESOP and 401(k) third party administration and

Elaghmore, a UK-based private equity fund, has acquired one of Europe’s leading visual communication experts, Concept Group Limited (Concept), a provider distinctive sign and large format LED solutions using traditional, bespoke and digital signage.  Customers include some of the world’s largest Out of Home advertising companies, including Global Media Group,

LDC, a mid-market private equity firm, has made a significant minority investment in international warehouse safety, impact protection and storage equipment provider, IWS Group, to support a continued buy and build strategy. IWS Group provides essential products and services to the global warehousing, logistics and material handling sectors. Through its