Deal Wrap: Deerfield leads R3 Vascular round; Seatown leads Linnovate round

Deal Wrap is updated as of 3 p.m. ET.

– Deerfield Management Co. LP Series C led an $87 million series B financing round for medical device company R3 Vascular Inc.

– Fintech company Linnovate Partners Ltd. closed a $40 million funding round led by Seatown Private Capital Master Fund.

– Clayton Dubilier & Rice LLC portfolio company White Cap Supply Holdings LLC acquired National Ladder & Scaffold Co. Inc., a distributor of safety products, equipment and workwear.

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.