Stonepeak to buy Teletower; Oakley invests in Athena Racing

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

– Stonepeak Partners LP agreed to acquire Teletower, Bitė Group's towers business in Lithuania and Latvia. Bitė is a portfolio company of Providence Equity Partners LLC. Stonepeak's legal and financial advisers are Simpson Thacher & Bartlett LLP and Barclays, respectively. Bitė's financial adviser is Lazard while its legal advisers are Paul, Weiss, Rifkind, Wharton & Garrison, A&O Shearman and Sorainen.

– Novacap Management Inc. completed its $1.9 billion all-cash acquisition of media measurement platform Integral Ad Science Holding Corp. from Vista Equity Partners Management LLC. Jefferies LLC was financial adviser to IAS, and Kirkland & Ellis was legal adviser. Evercore was financial adviser to Novacap, and Willkie Farr & Gallagher LLP was legal adviser.

– GenNx360 Capital Partners completed the $350 million sale of aircraft maintenance and repair business Aero 3, Inc. to VSE Corporation. Jones Day was legal adviser to VSE.

– Oakley Capital Ltd. invested $17.49 million in sailing franchise Athena Racing Ltd.

– General Atlantic Service Co. LP joined a $10 million funding round for PT Social Bella Indonesia, a beauty and personal care platform, that also included returning investors East Ventures Pte. Ltd. and EDB Investments Pte Ltd., according to S&P Global Market Intelligence data.

– Entrada Ventures and Koch Disruptive Technologies LLC led an $18 million funding round in AI interconnect company Lucidean Inc.

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