Obey Martin Manayiti

Serent bets on govtech.

Last week, Bernhard Capital Partners announced it is acquiring the federal and defense services business of VSE Corporation.

Private equity goes bullish over event management.

General Atlantic and EagleTree have also invested in event-services providers recently.

The combined entity brings together 15 managed service providers, covering 'all major corridors of the Canadian market.'

'Scaled operators have been able to grow 5x industry average over the past five years, consistently driving double digit organic growth,' said MSCP's Adam Shaw.

PE goes bullish over the HVAC sector.

'The HVAC industry is a highly fragmented market that represents a $30bn market,' said Rajiv Sheth, principal at Investcorp.

'C-suites across all industries are faced with increasingly complex communication demands,' said Broad Sky's Evan Azus.

Investcorp recently invested in HVAC specialist Shearer Supply out of its recently closed debut North America fund.