15 Oct, 2025

ProA sells Avioparts; Oakley invests in Nox

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

– ProA Capital de Inversiones SGEIC SA sold aircraft parts distributor Avioparts Sl to Proponent, which does business as Kirkhill Aircraft Parts Co.

– PCP GP LP-backed dental clinic group MCA Dental Group Ltd. is set to be acquired by 123Dentist Inc. Aird & Berlis LLP and De Grandpré Chait LLP were legal advisers to 123Dentist. TD Securities was financial adviser to MCA, and Borden Ladner Gervais LLP was legal adviser.

– Oakley Capital Ltd.'s Oakley Capital Origin Fund II invested in padel equipment brand Nox. Founder Jesús Ballvé and GPF Partners together will retain a significant minority stake in the business.

– Ardian SAS acquired airport operator Milione SpA in partnership with Finint Infrastrutture Sgr Societa' Di Gestione Del Risparmio SPA and Sviluppo 87 Srl Mediobanca and Intesa Sanpaolo - IMI were financial advisers to Ardian. Banca Finint and Goldman Sachs were financial advisers to Finint. Clifford Chance and Chiomenti were legal advisers to the acquirers.

– Texas-based Lone Star Americas Acquisitions Inc. agreed to acquire Hillenbrand Inc. for $2.3 billion, with a cash payment of $32 per share. Evercore Inc. and Jefferies LLC served as financial advisers to Hillenbrand and Lone Star Americas, respectively. Skadden Arps Slate Meagher & Flom LLP and Kirkland & Ellis LLP acted as legal advisers for Hillenbrand and Lone Star Americas, respectively. The transaction is subject to customary closing conditions, including shareholder approval and regulatory approvals.

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