Oakley sells atHome stake to Apax; Kingswood acquires Drive from CD&R

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

– Oakley Capital Ltd. is set to sell its minority stake in Mayfair Equity Partners LLP-backed online property and automotive marketplace Athome Group S.à R.L. to Apax Partners LLP.

– HgCapital LLP- and Mainsail Management Company LLC-backed cash and treasury management software provider G Treasury SS, LLC was acquired for $1 billion by Ripple Labs Inc.

– Kingswood Capital Management LP acquired medical products manufacturer DeVilbiss Healthcare LLC, doing business as Drive DeVilbiss Healthcare, or Drive, from Clayton Dubilier & Rice LLC. J.P. Morgan was financial adviser to Kingswood and legal adviser was Kirkland & Ellis LLP. BS Investment Bank was financial adviser to Drive, and Debevoise & Plimpton LLP was legal adviser to Drive and CD&R.

– 1315 Capital LLC led a growth capital investment in commercial spray drying and particle engineering business Codis.

Disclaimer: This content may be AI-assisted and is composed, reviewed, edited and approved by a human at S&P Global.

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.