12 Feb, 2026

Merieux acquires Health in Code stake; Halo buys Grubb

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

– Mérieux Equity Partners SAS acquired a minority stake in genomics platform Health In Code SL, a portfolio company of Alantra Pvt. Equity. Banca March was financial adviser and DLA Piper was legal adviser to Mérieux.

– Halo Investment Partners LLC acquired crane rental company W. O. Grubb Steel Erection Inc. Houlihan Lokey was the financial adviser to Halo, while O'Melveny & Myers and Kirkland & Ellis were its legal counsel.

– CQL Capital LLC invested in construction equipment manufacturer Erie Strayer Co. The deal includes co-investors Star Mountain Capital LLC, UMB Financial Corp., Tecum Capital Management Inc., Brookside Capital Partners and Everside Capital Partners LLC.

– Ampersand Management LLC acquired pharmaceuticals manufacturer Purna Pharmaceuticals NV. Achelous Partners, LLC was financial adviser to Purna.

– Tower Capital Asia made a majority investment in digital identity and security business V-Key Inc.

– RAF Industries, Inc., doing business as RAF Equity, acquired custom terra cotta products manufacturer Boston Valley Terra Cotta, Inc.

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