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PE Week Wire — 10/6/06

Atlas Copco AB of Sweden has agreed to sell the majority of its construction equipment rental business to Ripplewood Holdings and Oak Hill Capital Management. The deal is valued at approximately $3.3 billion, with Atlas Copco retaining a 14.5% ownership stake in the business. It is expected to close by year-end. Deutsche Bank advised Atlas Copco on the sale.

MedServe Inc. a Houston, Texas-based medical waste management company, has raised $70 million in new private funding. Avista Capital Partners led the deal with $50 million, and was joined by return backers Chrysalis Ventures, Murphree Venture Partners, Cogene Biotech Ventures and Erasmus Louisiana Growth Fund. MedServe was formed last year via the merger of Med-Shred Inc. and Enserv LLC.

DLJ Merchant Banking Partners has closed its fourth fund with $2.1 billion in capital commitments.

    VC Deals

Healthcare Brands International has raised