Stirling Square acquires Iconsulting majority stake; LDC exits J&J

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

– Stirling Square Capital Partners LLP acquired a majority stake in data and artificial intelligence specialist Iconsulting Spa.

– Investcorp Holdings B.S.C. agreed to sell its majority stake in Shine, a financial platform for small businesses, to Silver Lake Technology Management LLC-backed Cegid Group SA. Shine was formerly known as Ageras A/S.

– LDC (Managers) Ltd. exited its investment in third-party logistics business J&J Global Fulfilment in a sale to Waterland Private Equity Investments BV-backed QLS. J&J does business under the name James and James Fulfilment Ltd.

– Kakao Investment-backed cryptocurrency exchange operator Dunamu Inc. is set to be acquired by Naver Financial Corporation.

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