GTCR to acquire stake in JMG Group; Caymus Equity buys Valley Lighting

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

– GTCR LLC agreed to acquire a stake in UK insurance broker JMG Group Investments Ltd. Morgan Stanley & Co. LLC and Jefferies Group LLC were GTCR's financial advisers and Kirkland & Ellis LLP was its legal adviser.

– Caymus Equity Partners LLC acquired US commercial lighting company Valley Lighting LLC.

– The Westaim Corp. invested $350 million in Salem Group Partners LP, the owner of US life insurance company Ceres Life Insurance.

– HitecVision AS agreed to acquire Irish onshore wind assets from renewable energy company Greencoat Renewables PLC for approximately €156 million.

– Vitruvian Partners LLP and WestCap Investment Partners LLC co-led a $230 million series G round in US-based fintech company Addepar Inc.

Disclaimer: This content may be AI-assisted but is composed, reviewed, edited and approved by a human at S&P Global.

For more private equity deals, read our latest In Play report, which looks at potential private equity-backed M&A, including rumored transactions, each week.