Allocations
Smile Doctors, a US-based, orthodontics-focused dental support organization (OSO), has secured a strategic investment from Thomas H Lee Partners (THL), a private equity firm investing in growth companies.
THL is investing alongside existing financial sponsor Linden Capital Partners (Linden) in an equal partnership, while affiliated orthodontists will retain a significant ownership stake in the organisation.
Banyan Capital Partners (Banyan), a Canadian middle market private equity firm, has invested in Innovative Surface Solutions (Innovative), a distributor of liquid surface solutions in North America.
Innovative marks the inaugural investment through Banyan Committed Capital LP, an evergreen investment vehicle that has recently closed its first USD216 million tranche of commitments.
Banyan is partnering with the Company’s CEO and existing majority owner, Greg Baun, who has served in this role since 1994, to help facilitate Innovative’s next phase of growth. Greg will remain in the role of CEO post-close and retain a significant ownership stake in the Company.
Castlight Health, a healthcare data and navigation company, and Vera Whole Health (Vera), a specialist in advanced primary caremajority owned by Clayton, Dubilier & Rice (CD&R), are to merge.
The transaction, which has been unanimously approved by Castlight’s Board of Directors, is valued at an equity value of approximately USD370 million and will be structured as an all cash tender offer to acquire all outstanding shares of Castlight. Under the terms of the agreement, Vera will commence a tender offer to acquire all outstanding shares of Castlight Class A common stock and Class B common stock for USD2.05 in cash
Advancing Eyecare, a provider of ophthalmic instruments and a portfolio company of Atlantic Street Capital (ASC), has acquired Santinelli International, a provider of optical finishing equipment.
Advancing Eyecare is currently comprised of Lombart Instrument, Marco Ophthalmic, INNOVA Medical, S4Optik, Santinelli International and other leading brands. Founded in 1973, Santinelli International is the leading provider of lens edging equipment in the United States. The combined scope of Advancing Eyecare offers the broadest product portfolio, the most knowledgeable people, and the most reliable service in the industry.
CellPoint Digital, a global provider of digital commerce and payment solutions, has secured an equity financing round of USD25 million from Toscafund and its private equity arm, Penta Capital.
The move follows a series of investments by Toscafund and Penta Capital into CellPoint Digital following their initial investment in 2019 and brings their total investment to over USD56 million. It also marks a strengthening of the relationship between the businesses. As a specialist in payment orchestration for travel, CellPoint Digital is now offering its platform to new markets including retail, gaming, crypto and digital content.
Software investor Hg is to make a significant investment in ProcessMAP Corporation (ProcessMAP), an Environmental, Health and Safety (EHS) software platform provider.
Following the transaction, ProcessMAP’s management team will retain a significant stake in the business.
The terms of the transaction have not been disclosed.
Clearlake Capital Group is to make a significant new equity investment in Dodge Construction Network (Dodge), an independent data platform supporting the multi-trillion-dollar US commercial construction industry.
With this growth investment, Clearlake becomes an equal partner with existing DCN investor Symphony Technology Group (STG). Terms of the transaction have not been disclosed.
Deutsche Bank Securities Inc, UBS Investment Bank, Wells Fargo, BMO Capital Markets and Security Benefit provided debt financing supporting the transaction.
Tilley-Phoenix Group (Tilley-Phoenix), a US-based specialty ingredients distributor and value-added service provider, and a portfolio company of SK Capital Partners (SK Capital), has acquired Callahan Chemical Company (Callahan), a regional distributor of high-quality ingredients and compounds serving a diverse set of end markets.
Callahan is a leading regional distributor offering optimised chemical distribution solutions aligned to individual customer requirements. The addition of Callahan to Tilley-Phoenix provides customers with state-of-the-art regulatory and technical support, broader logistics expertise, and an enhanced product offering of value-added ingredients for applications in regulated markets.
Triman Industries, a portfolio company of private equity firm AE Industrial Partners LP (AEI), has acquired Brighton Cromwell and Crestwood Technology Group (CTG).
Shareholders from both Brighton Cromwell and CTG will retain significant ownership in the Company and remain in leadership roles going forward.
Terms of the transactions have not been disclosed.
The strategic combination of these three highly complementary businesses will form a leading military aftermarket supply chain management platform with significant scale, broad market reach and a unique value proposition for its US and international military customers and more than 85 OEM partners.
Triman is a
Trading Technologies International (TT), a provider of professional trading software, infrastructure and data solutions to proprietary traders, brokers, money managers, CTAs, hedge funds, commercial hedgers and risk managers, has invested USD6.35 million in KRM22, a technology and software investment company focused on risk management for capital markets.
This is the first investment TT has made since its acquisition by 7RIDGE in late December.
In addition, TT has entered into a distribution agreement to market and distribute KRM22 risk management products. The products will leverage TT’s Software-as-a-Service (SaaS) platform ecosystem and significantly expand the firm’s risk management offering. The initial
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
