Bain Capital has agreed to acquire FTE Automotive, a German maker of drive train and brake systems for passenger cars and commercial vehicles, from PAI Partners. No financial terms were disclosed. www.fte.de
Cardinal Midstream II has secured a $200 million equity commitment from EnCap Flatrock Midstream, which will be used to pursue midstream development opportunities in both conventional and unconventional resource plays across North America. The original Cardinal Midstream was formed in 2008 with a $75 million MORE
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Private equity deals
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