EQT to sell Acumatica to Vista Equity; Valeas buys major stake in TicketManager

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

– Vista Equity Partners Management LLC agreed to acquire US-based business management software provider Acumatica Inc. from EQT AB (publ). Moelis & Co. and Jefferies Group LLC were EQT and Acumatica's financial advisers, and Simpson Thacher & Bartlett LLP was their legal adviser. Greenberg Traurig LLP was Vista's legal adviser.

– Valeas Capital Partners Management LP acquired a majority stake in US entertainment tickets platform provider Spotlight Ticket Management Inc., which does business as TicketManager.

– Align Capital Partners LP invested in US landscape management services provider Strata Landscape Services.

– THCP Advisory Ltd., which does business as Three Hills, led a €105 million round in Italian machine parts provider Mech I Tronic Srl through Groupack Holdings SA. Meti Corporate Finance was Groupack's financial adviser and BSP was its legal adviser. Giovannelli e Associati, Legance, Orrick Herrington & Sutcliffe and Loyens & Loeff were Three Hills' legal advisers.

– GSR Ventures Management Co. Ltd. and Mizuho Leaguer Investment participated in a series A round for Tokyo-based note-taking AI developer Notta Co. Ltd.

– Mizuho Capital Co. Ltd. led a funding round for Japanese entrepreneurship classes provider StartupClass Co. Ltd.

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