Deal Wrap is updated as of 4 p.m. ET.
* MBK Partners is selling an approximate 13% stake to Dyal Capital Partners in a deal worth roughly $1 billion, Bloomberg Markets reported, citing people with knowledge of the matter. An MBK media representative and a spokesman for Blue Owl Capital Inc., which counts Dyal as a unit, declined the news outlet's requests for comments.
* Citic Capital and FountainVest Partners are in talks with prospective financial advisers to run a potential sale of the Australia and New Zealand assets of pallet manufacturer Loscam Asia Pacific Co., people familiar with the matter told Bloomberg. The planned transaction reportedly could bring in more than $1 billion and a formal sale process could start in the coming months.
* TPG Growth LLC, TPG Capital LP's middle-market and growth equity platform, closed a significant minority investment in specialty pharmacy service provider AnovoRx Holdings.
* Livingbridge EP LLP will sell Carousel Logistics Ltd. to Axcel Management A/S in a deal that will facilitate the merger of the U.K.-based logistics specialist with its Danish peer, Danx A/S. Houlihan Lokey was corporate finance adviser, Eversheds Sutherland was legal counsel, PwC was financial and tax due diligence adviser and FTI Consulting was commercial due diligence adviser to Livingbridge on the sale.
* The Riverside Co. bought into Mainstream Electric, Heating, Cooling and Plumbing, an add-on investment to the middle-market private equity firm's Radiant Plumbing and Air Conditioning Inc. platform.
* Astorg Partners, through its Mid-Cap fund, will acquire a roughly 40% stake in thermal transfer ribbon specialist Armor-IIMAK, which is part of Armor Group. Armor Group Chairman and CEO Hubert de Boisredon and Armor-IIMAK's management team will continue as the majority shareholders. Advancy, PWC, ERM and Paul Hastings advised Astorg on the deal, which could wrap up in the second quarter. Natixis Partners, Equalis Capital, LEK, PWC and Jones Day advised Armor Group.
* Midmarket private equity firm OEP Capital Advisors LP, or One Equity Partners, made a strategic investment in infusion therapy and specialty pharmacy service provider InfuCare Rx LLC.
* LongueVue Capital LLC closed the third exit from its LVC III fund with the sale of Select Express & Logistics LLC to The Jordan Co.-backed AIT Worldwide Logistics Inc. Raymond James was Select Express' financial adviser, while Norton Rose Fulbright was its legal counsel.
* Lower midmarket investor Interlock Equity Partners provided growth capital to Apply Digital Ltd., which specializes in building the online presence of brands. Canaccord Genuity was Apply Digital's financial adviser.
* ACON Investments LLC and its affiliates exited iiMED Medical Solutions LLC, a class I and II consumable medical device maker. Team Technologies Inc., which is backed by Clearlake Capital Group LP affiliates, was the buyer.
* An affiliate of The Beekman Group LLC acquired P&R Dental Strategies in partnership with the dental research and consulting company's management team. TripleTree LLC was the financial adviser to P&R.
* Nile Capital Group Holdings LLC made a strategic minority investment in alternative asset manager Welton Investment Partners LLC.
