First Reserve has committed up to $500 million for the formation of Century Midstream LLC, a new midstream energy company focused on emerging liquids and liquids-rich shale plays in North America. The founding management team previously was with NiSource (NYSE: NI). www.firstreserve.com
One Rock Capital Partners has acquired Summit Research Labs Inc., a Huguenot, N.Y.-based maker of the active ingredients used in antiperspirants. No financial terms were disclosed. Babson Capital Management provided an equity co-investment to support the deal. www.summitreheis.com
Peterson Partners has agreed to acquire Angoss Software Corp. (TSXV:ANC) for $8.4 million, or $0.525 per share in cash. Angoss is a Toronto-based provider of predictive analytics software and solutions. www.angoss.com
RTI Biologics Inc. (Nasdaq: RTIX) has agreed to acquire Pioneer Surgical Technology, a Marquette, Mich.-based developer of metal and synthetic products in the orthopedics, biologics, spine, trauma and cardiothoracic markets. The deal is valued at $130 million in cash, and will partially be financed via a $50 million equity investment from Water Street Healthcare Partners (which will name two directors to the RTI board). Pioneer Surgical had raised over $15 million in VC funding from Beringea, Credit Suisse, Highlander Partners, Hopewell Ventures, Pharos Capital and River Cities Capital Funds. www.rtix.com
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