Sunlake exits Patrol Protect Secure; Brookfield acquires industrial portfolio

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

– Japan Growth Investments Alliance Inc. is set to acquire a 52.82% stake in fitness club franchise Fast Fitness Japan Inc. from Rm Japan Llc in a $146.8 million transaction.

– Brookfield Corp. acquired a portfolio of 33 light industrial assets in Eastern Sweden from EQT Real Estate. Schjødt was legal adviser and EY was financial adviser to EQT Real Estate.

– Sunlake Capital LLC exited its investment in contract security company Patrol Protect Secure, Inc. through a sale to Paladin Security Group Ltd. subsidiary PalAmerican Security.

– Torque Capital acquired manufacturer Joe Gibbs Manufacturing Solutions from Joe Gibbs Racing Historical Inc., rebranding the business JGA Space & Defense designs.

– Splitstone Capital LLP acquired Ecobat Resources UK Ltd., the UK-based battery recycling and specialty lead operations of Ecobat LLC.

– Stonepeak Partners LP partnered with Energy Equation Partners (UK) Ltd. to acquire a 65% stake in fuel retailer JET Tankstellen Deutschland GmbH from Phillips 66. Akin Gump Strauss Hauer & Feld LLP and Hengeler Mueller were legal advisers to Stonepeak and EEP, while Paul Weiss Rifkind Wharton & Garrison LLP acted as financial adviser.

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