Peterson Search Partners, a Peterson Partners strategy dedicated to search funds and micro-cap buyouts, has held the of its second fund (Fund II) at $100 million. The fund is mandated to invest behind “search fund” operators into cash-flowing businesses.     Peterson Partners and Joel Peterson have been in the search space for the past two decades, backing search entrepreneurs in companies such as of PEC Safety, Stealth Monitoring, Integra, Design Communications, Performance Systems Integration, and HemaSource.

An affiliate of middle-market private investment firm Peak Rock Capital (Peak Rock) has closed on the sale of TNT Crust (TNT) to General Mills. Headquartered in St Charles, Missouri, TNT is a provider of partially baked, self-rising, and better-for-you pizza crusts. TNT serves a diverse, blue-chip customer base including foodservice distributors, national pizza chains, and retail brands.    Since acquiring TNT in a corporate carve-out from Tyson Foods  in late 2018, Peak Rock has supported the company’s strategic growth and operational initiatives, including substantially increasing capacity at its Green Bay, WI facilities, opening a new state-of-the-art production facility in St

Lynx Software Technologies (Lynx), a developer of open architecture software solutions for embedded systems, has received a strategic investment from affiliates of OceanSound Partners (OceanSound), a private equity firm that invests in technology and technology-enabled services companies serving government and enterprise end markets. Based in San Jose, California, Lynx provides software solutions and related services which support the development, integration, certification, and maintenance of safety- and security-critical systems positioned at the mission critical edge. Lynx’s offerings enable customers in the aerospace, defence, industrial, and critical infrastructure end-markets to deploy systems more rapidly, reliably, and cost-effectively by aligning with open standards

Global alternative asset manager ICG’s North American Direct Private Equity team has completed the acquisition of Seaway Plastics Engineering (Seaway), a provider of injection-moulded, engineered components and value-added services to the medical device, healthcare, specialty industrial, A&D, and other end markets in the United States. ICG’s North American Direct Private Equity team will work with Seaway to grow the business organically, as well as through acquisition, in order to expand both its product and geographic footprint. Financial terms of the transaction have not been disclosed.    Seaway was founded in 1984 and has grown to become a full-service partner to

Ephelia Capital, a Swiss-based financial hub for Professional Investors, Entrepreneurs and Financial Institutions, has acquired a majority stake in financial asset streaming fintech Streamable Finance. Ephelia Capital will now control 80% of the company and support its rapid growth through new investors and partners coming on board. The deal is part of Ephelia’s ongoing investment strategy and commitment to the DeFi and digital asset space.    Streamable Finance, a London-based fintech, allows users to stream financial assets on the blockchain such as currencies and securities and thus swap and stake them in order to earn fees and rewards.

BBH Capital Partners (BBHCP), the private equity arm of Brown Brothers Harriman & Co (BBH), has completed an investment in Quest Technology Management (Quest or the Company) in partnership with management and existing shareholders. Founded in 1982 and headquartered in Sacramento, California, Quest is one of the largest founder-owned outsourced IT service providers in the US and focuses on cybersecurity, disaster recovery, cloud infrastructure, and unified communications. Quest serves thousands of middle-market customers across a range of end markets, including Healthcare, Education, Aerospace & Defence, Finance, and Telecommunications.

Private investment firm Auxo Investment Partners has acquired Breyden Products, which will operate under the Precision Products Group (PPG) platform and brand. PPG is the parent company of Paramount Tube—a premier manufacturer of industrial tubing—as well as Euclid Medical Products.    As PPG’s first acquisition under the ownership of Auxo, the deal advances Auxo and PPG’s plans to build a diversified platform of niche manufacturers with defensible market positions that unite ecofriendly solutions, mechanical strength, and material know-how under a collective focus on heat solvation, thermal control, and electrical insulation. The platform is seeking additive acquisitions with like-minded manufacturers focused

Nordstjernan Growth is investing SEK150 million in Mentimeter, a growing SaaS company in the field of audience engagement. Mentimeter offers a solution to build enthusiasm in meetings and engage participants and audiences.  Mentimeter’s platform engages people globally; to date, over 200 million individuals have used the product.   reades is also coming in as a new investor in the company, and Alfvén and Didrikson – an existing owner – will be investing additional capital.   The investment is being made within Nordstjernan’s growth initiative, Nordstjernan Growth, and is the fourth holding in the Growth portfolio.

Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, has acquired Technical Safety Services (TSS) from The Edgewater Funds and JZ Partners. Financial terms of the transaction have not been disclosed.   Founded in 1970, TSS is a provider of testing, inspection, certification, and calibration (TICC) services to customers in the pharmaceutical, biotechnology, healthcare and other life sciences end markets.  CEO Brent Hart will continue to lead TSS under LLCP’s ownership. Hart has been a part of the TSS team for nearly 20 years and has led the Company’s strategic expansion including the completion of over 20 add-on

London-based property technology firm REalyse has secured a seven-figure investment from independent asset manager BOOST&Co, which is set to fund major growth and create several new jobs. REalyse will use the investment to grow its sales division following the successful delivery of a number of significant projects for blue-chip clients such as British Land, Lloyds Banking Group and JLL. The business is set to create three additional sales roles, adding to its current headcount of 26, with potential for further expansion in the coming months.    Founded in 2016, REalyse is a UK-based residential data and analytics platform, combining all