Gauge Capital backs AAI; Blue Equity to invest in Treco A/S

Deal Wrap is updated as of 3 p.m. ET.

– Gauge Capital LLC made a strategic growth investment in insurance network Affordable American Insurance Inc.

– Blue Equity Management A/S invested in metalworking company Treco A/S, becoming its majority owner with a 59.5% stake.

– BID Equity GmbH acquired an undisclosed majority stake in Local Brand X GmbH, according to S&P Global Market Intelligence data.

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