Deal Wrap is updated as of 4 p.m. ET.
– Investment firm Strategic Value Partners LLC agreed to acquire parking facility operator APCOA PARKING Holdings GmbH from current majority shareholder Centerbridge Partners LP and other minority shareholders. The transaction is expected to close in the next three months.
– Healthcare-focused private equity firm Latticework Capital Management LLC made a strategic investment in Institutes of Health LLC, a workers’ compensation treatment provider.
– Lower-middle-market private equity firm Renovus Capital Partners exited its investment in Inflow Communications Inc. in a sale to an affiliate of private equity firm Gemspring Capital Management LLC. Inflow Communications will be combined with existing Gemspring portfolio company Amplix, a provider of technology advisory services and software. Lazard served as an adviser to Inflow Communications.
– Healthcare-focused private equity firm Hildred Capital Management LLC reached an agreement in principle to acquire Unconditional Love Inc., a maker of baby products doing business as Hello Bello. Willkie Farr & Gallagher LLP and Young Conaway Stargatt & Taylor LLP are acting as Hello Bello's legal counsel, Jefferies LLC is serving as investment banker and Emerald Capital Advisors is serving as financial adviser. Lowenstein Sandler LLP and Alvarez & Marsal North America LLC are serving as legal counsel and financial adviser, respectively, to Hildred.
– OEP Capital Advisors LP agreed to sell Walki Group Oy, a supplier of packaging and engineered materials solutions, to Oji Holdings Corp.
– An affiliate of Vista Equity Partners Management LLC agreed to acquire a majority stake in EngageSmart Inc., a provider of customer engagement software and integrated payments solutions, from affiliates of General Atlantic Service Co. LP and Summit Partners LP and others, according to S&P Global Market Intelligence data. The deal is expected to close in the first quarter of 2024.
For further private equity deals, read our latest In Play report, which looks at potential private equity-backed M&A, including rumored transactions, each week.
