Ronin acquires minority stake in AeriTek; Bain invests in Duravent

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

– Ronin Equity Partners LLC completed a general partner-led secondary acquisition of a minority stake in refrigerated display case manufacturer Aeritek Global Holdings LLC at $3.11 per share. The deal follows Ronin's September sale of Minus Forty QBD Corp. to AeriTek, which is majority owned by Mill Point Capital LLC

– Bain Capital LP invested in Duravent Group, a manufacturer of venting and air control equipment.

– Threshold Ventures Management Company LLC and Northzone Ventures co-led a $120 million funding round in XBOW USA Inc., which issued convertible preferred shares. The transaction included participation from investors Sequoia Capital Operations LLC, Sofina Société Anonyme, Alkeon Capital Management LLC, Altimeter Capital Management LP, and NFDG Ventures Ramin Sayar of Threshold Ventures joined the company's board of directors as part of the transaction.

– Venture capital investors finance&invest.brussels s.a., Faraday Venture Partners S.L. and The Faktory sold AiVidens SRL, a Brussels-based AI-driven receivables and collections software provider, to billing and revenue management platform RecVue Inc. Financial terms were not disclosed.

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