Apollo Investment Corp. is nearing a $500 million deal to acquire healthcare lender MidCap Financial, according to Bloomberg. MidCap was launched in 2008 with a $500 million equity commitments from Lee Equity Partners, Genstar Capital and Moelis Capital. www.midcapfinancial.com
Aqua Pharmaceuticals, a West Chester, Penn.-based developer of prescription skin care treatments, has acquired from Stiefel (a GSK company) the U.S. rights to a foam for the topical treatment of atopic dermatitis. No financial terms were disclosed. Aqua is a portfolio company of RoundTable Healthcare Partners. www.aquapharm.com
Balmoral Funds and One Equity Partners have agreed to acquire iGPS Co., an Orlando, Fla.–based owner and operator of a pallet rental pool of lightweight, plastic platforms with embedded RFID tags. No financial terms were disclosed for the deal, which is being done via a prepackaged bankruptcy. Shareholders had included Kelso & Co. www.igps.net
Carlson Systems, an Omaha, Neb.-based portfolio company of Industrial Opportunity Partners, has acquired Western Tool Supply, a Salem, Ore.-based distributor of tools and supplies serving the fastening needs of construction, industrial and woodworking customers. No financial terms were disclosed. www.iopfund.com
Cartesian Capital and Thomvest Seed Capital have acquired Public Mobile, a Toronto-based provider of talk and text services in Ontario and Quebec. No financial terms were disclosed. Public Mobile shareholders had included OMERS Private Equity, Charles River Ventures, Columbia Capital, Ignition Partners, M/C Partners, Kensington Capital, Rho Capital and Thomvest Ventures.www.publicmobile.ca
CVC Capital is considering a $2 billion bid for talent agency IMG Worldwide, according to Sky News. IMG owner Forstmann Little & Co. has been looking for a buyer.
EQT Partners and GIC Special Investments have received multiple private equity bids upwards of €3.5 billion for German academic publisher Springer Science+Business Media, but Reuters reports they either want more or will take the company public in July. www.springer.com
Golden Gate Capital has completed its previously-announced acquisition of Springs Window Fashions, a Middleton, Wis.–based provider of custom window covering products, from Heartland Industrial Partners and the Close family. No financial terms were disclosed. www.swfcontract.com
H.I.G. Capital has acquired Holland Services, a Fort Worth, Texas-based land services company focused on the energy sector. No pricing terms were disclosed for the deal, which included leveraged financing from THL Credit. www.hollandservices.com
Sign up for Dan’s daily email newsletter on deals and deal-makers: GetTermSheet.com











