Bain Capital and Rhone Capital are the two remaining bidders for German industrial measuring equipment manufacturer Schenck Process, according to AltAssets. The company is being sold by IK Investment Partners, with bids believed to be in the range of €700 million to €800 million. www.schenckprocess.com
ICR Integrity, a British asset integrity specialist for the oil and gas industry, has acquired mechanical services provider MOSS Mechanical On Site Services Ltd. No financial terms were disclosed. ICR Integrity is a portfolio company of Gresham Private Equity. www.icr-world.com
Insight Equity has acquired New Star Metals, a Burr Ridge, Ill.-based operator of operates steel service centers and provides metal processing services, from Aurora Capital Group. No financial terms were disclosed. www.newstarmetals.com
Insight Venture Partners has acquired a minority equity stake in MV Sistemas, a Brazilian developer of technology management systems for healthcare providers. No financial terms were disclosed. www.insightpartners.com
Silver Lake Sumuru has acquired Velocity Technology Solutions Inc., a New York-based provider of hosted ERP software and applications. www.velocity.cc
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