Deal Wrap: Scaleworks buys Full Circle Insights; H.I.G. Capital sells Riveron

Deal Wrap is updated as of 4 p.m. ET.

– Billerud AB (publ) agreed to divest Billerud Managed Packaging Ab, which offers packaging solutions, to private equity firm Mimir Invest AB. The transaction is expected to close in August.

– An investor group sold Impact Analytics Inc. to ProAI, according to S&P Global Market Intelligence data. Sellers include Argentum Group, Accolade Capital Management LLC, Aarin Capital and Vistara Growth.

– Scaleworks Inc. acquired Full Circle Insights, a provider of marketing and sales performance measurement solutions, for an undisclosed amount.

– An investor group including Turenne Santé and Mérieux Equity Partners SAS agreed to sell Physio-Assist SAS, which developed and manufactures technology-enabled airway clearance device Simeox, to Inogen Inc., according to S&P Global Market Intelligence data. The deal is expected to close in the fourth quarter.

– H.I.G. Capital LLC sold business advisory firm Riveron to affiliates of Kohlberg & Co. LLC. Jefferies Group LLC and Moelis & Co. served as financial advisers to Riveron, while McDermott Will & Emery acted as legal counsel to H.I.G. and Riveron. Guggenheim Securities LLC and Citizens served as financial advisers to Kohlberg, and Ropes & Gray LLP and Greenberg Traurig LLP provided legal counsel.

– SOSV Investments LLC completed the sale of early-stage biotechnology company Spindle Biotech Inc. to Applied DNA Sciences Inc., according to S&P Global Market Intelligence data.

– Zimtu Capital Corp. completed the acquisition of three separate mining claims in the province of Ontario, namely the Eagle Lake, Grove Lake and Whitefish Lake claims.

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.