Iris Dorbian

OHA Investment Corporation has agreed to merge with and into Portman Ridge Finance, a business development company managed by Sierra Crest Investment Management LLC, BC Partners Advisors L.P. and LibreMax Capital LLC. The deal is expected to close in the fourth calendar quarter of 2019.

Bain Capital Real Estate has sold its core life science portfolio based in Research Triangle, North Carolina in a deal valued at about $405 million. The portfolio consists of 18 buildings on four campuses. The buyer was Longfellow Real Estate Partners.

Progressio has acquired a minority stake in Polenghi Food S.p.A from the Polenghi family. No financial terms were disclosed. Polenghi Food is an Italian distributor of lemon and lime juice products for the condiments industry. No financial terms were disclosed.

Fenix Parts, which is backed by Stellex Capital, has closed its previously announced acquisition of the assets of Georgia-based Cox Truck and Van Inc, an operator of a full-service auto recycling facility. No financial terms were disclosed.

CoolSys, which is backed by Ares Management, has acquired Lakeville, Minnesota-based Agape Mechnical, which specializes in HVAC, refrigeration, electrical and plumbing services, as well as hot water hydro-scrubbing. No financial terms were disclosed.

Related Fund Management, Brookhaven Rail Partners and Stephens Capital Partners LLC have acquired Pioneer Railcorp, a railroad holding company that owns short-line railroads and several other railroad-related businesses. BMO served as financial adviser to Pioneer on the transaction.

Kellermeyer Bergensons Services LLC, a portfolio company of GI Partners, has acquired Pristine, a provider of facility management, contract cleaning and related services. No financial terms were disclosed. Pristine was backed by Great Elm Capital Corp.

Evercore has named Ari Berger as a senior managing director in the firm's investment banking business. His appointment begins in October. Previously, Berger worked at Barclays where he was a managing director in its consumer retail group.

Congruex, which is backed by Crestview Partners, has acquired Ontario, California-based HHS Construction, a provider of infrastructure services to major telecommunications and cable providers primarily in Southern California and adjacent geographies. No financial terms were disclosed.

Antin Infrastructure Partners has agreed to acquire Veolia's U.S. district energy business. The enterprise value of the deal is $1.25 billion.