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1 day ago | 
themiddlemarket.com | Cassidy Cavanagh
KeyBanc Capital Markets, the corporate and investment banking arm of Cleveland-based KeyCorp (NYSE: KEY), has appointed Pierre Oustinow as a senior member of its technology investment banking group. As a managing director focused on the enterprise software market, he will work to expand KBCM’s software coverage efforts. Oustinow has more than 20 years of technology investment banking experience. Prior to joining KBCM, he served as co-head of enterprise software at TD Securities.
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1 day ago | 
themiddlemarket.com | Cassidy Cavanagh
Toronto-based Northleaf Capital Partners has closed its latest infrastructure fund, Northleaf Infrastructure Capital Partners IV, surpassing its target of $2.25 billion and hitting the fund’s hard cap of $2.6 billion. The fund is Northleaf’s largest infrastructure vehicle to date, underscoring the growth and consistent performance of the firm’s mid-market platform.
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1 day ago | 
themiddlemarket.com | Cassidy Cavanagh
Ontario Teachers’ Pension Plan-backed Westland Insurance‘s newly launched benefits brand, Westland Benefits, has acquired Sagium Health Strategies Inc. Sagium Health, located in Calgary, Canada, specializes in providing employee benefits and private healthcare services tailored to the needs of individuals and small to mid-sized companies. The firm is known for bridging individual and employer needs through its bespoke health programs and comprehensive group benefits offerings.
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1 day ago | 
themiddlemarket.com | Cassidy Cavanagh
RESA Power LLC, a power systems electrical testing, transformer services, and life extension services company for power distribution equipment and backed by Kohlberg & Co. has bought MP Predictive Technologies Inc. Based in Orlando, Fla., MPPT has grown since its founding as a small family business in 2018. Today, it serves as a multi-service, NETA accredited company dedicated to providing exceptional predictive maintenance services, diagnostics and asset management services.
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1 day ago | 
themiddlemarket.com | Cassidy Cavanagh
ArcLight Capital Partners LLC has acquired a 25 percent interest in Natural Gas Pipeline Company of America, a strategic natural gas infrastructure system. NGPL is one of the largest interstate pipeline systems in the country, spanning nine states, supplying power and heating markets across its footprint and liquefied natural gas facilities in Texas and Louisiana.
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1 day ago | 
themiddlemarket.com | Cassidy Cavanagh
Apollo (NYSE: APO) has agreed to acquire a majority stake in PowerGrid Services, a provider of maintenance and construction services to electric utilities across the United States. PowerGrid Services delivers essential utility services from routine construction and maintenance to emergency response. With over 1,400 skilled in-house professionals and thousands more through its national vendor network, PGS brings scale and speed to utility customers nationwide.
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1 day ago | 
themiddlemarket.com | Cassidy Cavanagh
Digital health startup Hinge Health is aiming for a valuation of up to $2.6 billion in its upcoming IPO on the New York Stock Exchange, a move that could signal renewed momentum in the U.S. IPO market. The San Francisco-based company plans to raise over $437 million by offering 13.7 million shares priced between $28 and $32 each. Founded in 2014, Hinge Health provides digital musculoskeletal care for injuries, chronic pain, and post-surgical rehab.
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1 day ago | 
themiddlemarket.com | Cassidy Cavanagh
Swiss industrial firm ABB is considering a potential sale of its robotics unit—valued between $3.5 billion and $5 billion—as an alternative to its previously announced plan to spin off the business in 2026, according to Bloomberg. While ABB maintains that a spinoff remains its preferred route, the company is reportedly preparing to appoint advisers to explore both sale and listing options.
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1 day ago | 
themiddlemarket.com | Cassidy Cavanagh
Citigroup (NYSE: C) has agreed to sell its Citi Global Alternatives unit to fintech platform iCapital. The unit comprises over 180 funds across private equity, infrastructure, hedge funds and private credit. Under the agreement, iCapital will take over the management and operations of the platform, while Citi will continue to distribute the funds and advise clients on alternative investment strategies.
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1 day ago | 
themiddlemarket.com | Cassidy Cavanagh
Silversmith Capital Partners has made an investment in Rentsync, a software and data company. The partnership with Silversmith will enable Rentsync to further invest in technology, expand its team and pursue strategic acquisitions as it builds a platform of data, software and analytics to address the challenges of Canada’s rental housing ecosystem. Rentsync serves thousands of customers across Canada, including REITs, property management companies and property developers.
