Kelso acquires Wellington-Altus Financial stake; Renaissance buys Lodestar

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

– Kelso & Company LP acquired a 25% stake in wealth adviser Wellington-Altus Financial Inc., a portfolio company of The Cynosure Group Ardea Partners LP was financial adviser to Wellington-Altus. Goldman Sachs & Co. LLC was financial adviser to Kelso.

– Renaissance Partners acquired digital transformation platform Lodestar SpA from Bravo Invest Srl. Mediobanca was financial adviser and Bonelli Erede was legal adviser to Bravo. Russo De Rosa Associati was legal adviser to Lodestar management. Deloitte was financial adviser and Gatti Pavesi Bianchi Ludovici was legal adviser to Renaissance.

– Great Hill Partners LP sold digital ticketing platform TodayTix, Inc. to MARI.

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