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Global investment firm The Carlyle Group agreed to acquire the Acrotec Group, an independent supplier of high precision industrial applications to the watchmaking and MedTech industries, from private equity firm Castik Capital. Financial terms were not disclosed.
British Columbia Investment Management Corporation (BCI) agreed to acquire a significant minority stake in Waterlogic from Castik Capital and management. The deal provides capital to support Waterlogic's growth in workplace hydration.