Deal Wrap is updated as of 3 p.m. ET.
– AAVIN Private Equity Advisors exited promotional campaign manager FN Funding Inc., doing business as Dream Giveaway, in a sale to Jumbo Interactive USA Inc
– ABRY Partners LLC sold Portfolio General Management Group Inc., a provider of reinsurance management services and finance and insurance products, to Protective Life Corp. Kirkland & Ellis was legal adviser to Portfolio and Abry, and Jefferies LLC was financial adviser. Maynard Nexsen PC was legal adviser to Protective and TD Securities was financial adviser.
– Cerberus Capital Management LP acquired banking group Brocc Finance AB from Brocc Holding AB.
– Incline Management LP invested in engagement management software provider Advanced Solutions International Inc.
Disclaimer: This content may be AI-assisted and is composed, reviewed, edited and approved by a human at S&P Global.
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