Garnett Station has opened the bidding process for Goodturn Tire, a commercial tire service provider backed by the private equity firm. The company received first-round bids as part of a sale process, according to sources familiar with the matter. This move suggests Garnett Station is exploring exit opportunities in the automotive services sector.

Meanwhile, Keystone Capital completed its sale of Integra Testing to Harvest Partners. Integra Testing operates as a commercial HVAC service provider, representing Keystone's exit from that particular investment. The transaction reflects continued private equity activity in the industrial and manufacturing services space.

A third deal involving Irca, a food ingredients company, saw Advent International sell to CVC. These transactions collectively demonstrate active dealmaking across multiple sectors including automotive services, HVAC, and food ingredients. Private equity firms continue rotating capital through platform acquisitions and divestitures.

The string of deals highlights how middle-market private equity firms are actively managing portfolios through strategic exits. Market conditions appear favorable enough for sponsors to pursue sales of service-oriented businesses with recurring revenue streams.