Deal Wrap is updated as of 3 p.m. ET.
– An investor group that includes Chalmers Ventures AB, Fairpoint Capital AB and SEB Greentech VC exited its investment in environmental data collection platform Metry AB in a sale to Evora Global Ltd., according to S&P Global Market Intelligence data.
– An affiliate of lower-middle-market private equity firm Angeles Equity Partners LLC acquired industrial robotics manufacturer Acieta LLC. Simpson Thacher & Bartlett LLP was legal adviser to Angeles, and Lincoln International LLC provided transaction advisory services to Acieta.
– ANSYS Inc. agreed to acquire a minority ownership interest in industrial technology group and crash test dummy supplier Humanetics Innovative Solutions Inc. from Bridgepoint Group PLC.
– NAMAKOR Holdings acquired CMI Mulching Inc., which manufactures tracked mulching tractors and stump grinders.
– Fort Point Capital LLC acquired Ice House America LLC, an automated retail ice and water platform.
– Koch Equity Development LLC, the principal investment and acquisition arm of Koch Industries Inc., made a $400 million strategic equity investment in process equipment supplier CPM Holdings Inc. Affiliates of American Securities LLC, the current controlling shareholder of CPM, will continue to own a majority of CPM alongside Koch Equity Development and CPM's management team. Goldman Sachs & Co. LLC was financial adviser to CPM. Guggenheim Securities LLC was financial adviser to Koch Equity Development, and Jones Day was legal adviser. Weil Gotshal & Manges LLP was legal adviser to American Securities.
– First Reserve Management LP exited its investment in full-service engineering, design and consulting firm CHA Consulting Inc. in a sale to H.I.G. Capital Partners LP. Houlihan Lokey Inc. served as lead financial adviser with support from AEC Advisors, and Simpson Thacher & Bartlett LLP acted as legal counsel for CHA. Harris Williams LLC was financial adviser and Ropes & Gray LLP was legal adviser to H.I.G.
– Capricorn Investment Group LLC's Sustainable Investors Fund made a strategic minority investment in middle-market private equity firm SER Capital Partners. Kirkland & Ellis LLP was legal counsel to SER, and Cooley LLP was legal adviser to Capricorn Sustainable Investors Fund.
For more private equity deals, read our latest In Play report, which looks at potential private equity-backed M&A, including rumored transactions, each week.
