04 Dec, 2025

Dubin Clark sells Reel Power to StoneTree; Castle Creek acquires FirstSun stake

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

– Castle Creek Advisors VIII LLC acquired a $40 million minority stake in FirstSun Capital Bancorp, the financial holding company for Sunflower Bank NA, operating as Sunflower Bank and First National 1870. Sidley Austin LLP was legal adviser to Castle Creek Capital. Nelson Mullins Riley & Scarborough LLP was legal adviser to FirstSun Capital Bancorp.

– 26North Partners LP is set to acquire a 51% stake in The Middleby Corp.'s Residential Kitchen business. Goldman Sachs & Co. LLC was financial adviser to Middleby, and Skadden Arps Slate Meagher & Flom LLP was legal adviser. Kirkland & Ellis LLP was legal adviser to 26North.

– Brighton Park Capital Management LP invested in Person Centred Software Ltd.

General Atlantic Service Co. LP and Oakley Capital Investments Ltd. led a $583.2 million funding round for customer engagement software provider Brevo SAS, with each acquiring a 25% stake in the company.

– Dubin Clark & Company Inc. sold reeling and coiling equipment designer and builder Reel Power International Inc. to StoneTree Investment Partners LLC. Mesirow was financial adviser to Reel Power.

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