Riverside sells Netwatch to GI Partners; TA invests in PairSoft

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

– One Bow River Advisers LLC invested in aerospace company LEAP Space.

– GI Manager LP is set to acquire remote security services company Netwatch Group from The Riverside Co. Stifel and Paul Weiss Rifkind Wharton & Garrison were GI Partners' financial and legal advisers, respectively. Raymond James was financial adviser to Riverside and Netwatch, and Jones Day and Matheson were legal advisers.

– Oakley Capital Ltd. invested in Low Tides Holdings LLC, a partnership with luxury brand James Perse Enterprises Inc.

– Court Square Capital Management LP invested in technology services distributor AVANT Communications Inc., with existing sponsor Pamlico Capital Management LP retaining a stake in the business. Lazard Frères & Co. was financial adviser to AVANT.

– Broadwing Capital Management LLC acquired IT managed services provider CloudScale365 Inc.

– TA Associates Management LP made a majority investment in PairSoft, the doing-business name of financial automation software company Pair Software Intermediate LLC, with previous sponsor Turn/River Management L.P. exiting as a part of the transaction. Houlihan Lokey was financial adviser to TA, and Goodwin Procter LLP was legal adviser. Deutsche Bank was financial adviser to PairSoft. Kirkland & Ellis LLP was legal adviser to Turn/River.

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