Coalesce buys stake in DecisionHR; Macquarie buys into Potters Industries

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

– Coalesce Capital Management LLC agreed to acquire a majority stake in DecisionHR Inc., a provider of human resources outsourcing solutions. Financial terms were not disclosed. Latham & Watkins served as legal adviser to Coalesce Capital. Lazard acted as financial adviser to DecisionHR, while Jones Day served as legal adviser.

– Francisco Partners Management LP agreed to acquire OEConnection LLC, a digital platform for the automotive aftersales, from Genstar Capital LLC. Financial terms were not disclosed. Citi and TD Securities acted as financial advisers, and Paul Hastings LLP served as legal adviser to Francisco Partners. Evercore served as financial adviser, and Ropes & Gray LLP served as legal adviser to Genstar.

– Macquarie Asset Management Pty Ltd., alongside co-investors UniSuper Ltd., an Australian superannuation fund, and Partners Capital LLP, agreed to buy a majority stake in Potters Industries, LLC from private equity firm TJC LP. Potters, based in Malvern, PA, specializes in engineered glass beads and microspheres for road infrastructure and industrial applications. The deal's value was not disclosed and is expected to close in the first half of 2026, pending regulatory approvals.

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