Rainier Partners, a Seattle-based, lower-middle-market private equity firm, has invested in Pet Food Express (PFE), a fast-growing, omnichannel pet retailer that sells healthy pet foods, goods, and services from over 60 retail locations throughout California. Rainier’s investment will support PFE in expanding its reach to help pets and their owners

Listed Japanese conglomerate, Marubeni Corporation, is to divest Spaldings to UK-based investment firm, Inspirit Capital. Established in 1956, Spaldings has grown to be one of the UK and Ireland’s largest distributors of tillage aftermarket equipment, as well as an emerging player in professional groundcare, forestry and industrial products. Inspirit Capital

OptiGroup, a portfolio company of private equity firm FSN Capital has agreed to acquire 100% of the shares of MaskeGruppen AS from Maske Holding AS. As a leading full-service distributor of facility supplies, healthcare products and industrial packaging, MaskeGruppen will complement and further strengthen OptiGroup’s service offering for B2B customers. 

Oakley Capital’s (Oakley) Oakley Capital Fund IV (Fund IV) is to sell its stake in Contabo, a cloud hosting platform. The exit will generate a gross return in excess of 10x MM and over 100% IRR to Fund IV. As part of the transaction, Oakley Capital Fund V (Fund V)

Nordstjernan has made a commitment to invest in the industrial company engcon, a manufacturer of tiltrotators with a global market share of approximately 45%. The company was founded in 1990 with the ambition to change the world of digging through product innovation and focus on end-users. engcon develops solutions that

Kartesia, a European specialist provider of capital solutions for small and mid-sized companies, has sold a majority stake in Portsur Castellón, a Spanish dry bulk terminal (Portsur) to Gimeno Servicios Portuarios, a subsidiary of Grupo Gimeno. Portsur specialises in the steevedoring, storage, mixing & blending and transportation of all types

GLy New Mobility Fund, a global mid-to-late-stage private equity fund backed by Zhejiang Geely Holding Group, has completed an investment in Vayyar Imaging, a 4D imaging radar-on-chip solution provider based in Israel. The $108 million round was led by Koch disruptive technology and joined by investors including Atreides Management, Battery

KX Power (KXP), a London-based battery storage developer announces has formed a joint venture with BlackRock Real Assets to develop, build and operate battery storage projects across the UK. The investment is being made by the BlackRock Global Renewable Power III (GRP III) fund and will support the build out

Sauce Labs, a provider of continuous test and remediation solutions that enable development teams to deliver high quality software at speed, has secured an additional strategic investment from TPG. The deal provides Sauce Labs with additional resources and expertise to expand capabilities, further market leadership, and drive continued growth. TPG

Northlane Capital Partners (NCP) has made an investment in SAI MedPartners (SAI), a consultancy providing strategic insights and analytics to the pharmaceutical, biotechnology, and medical device industries. NCP invested in partnership with the SAI management team, led by Founder and CEO Erik Nordhoy. Headquartered in Reading, Pennsylvania, SAI provides best-in-class