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09 Jun, 2025
By S&P Global Market Intelligence
Deal Wrap is updated as of 3 p.m. ET.
– Advent International LP proposed to acquire London-based equipment and technology provider Spectris PLC for £3.9 billion. Morgan Stanley & Co. International PLC was Advent's financial adviser. Goldman Sachs International and Rothschild & Co were Spectris' financial advisers.
– Sojourner Consumer Partners LP acquired certain assets of Lornamead North America from New York-based oral care product maker Lornamead Inc. McDermott Will & Emery LLP was Sojourner's legal adviser.
– H.I.G. Capital LLC acquired London-headquartered pharmaceutical services provider ITH Group Ltd.
– Argosy Capital Group Inc. acquired a controlling interest in US industrial training provider Heavy Equipment Training LLC, which does business as Heavy Equipment Colleges of America.
– Warburg Pincus LLC sold US industrial pumps and compressors maker Sundyne LLC to Honeywell International Inc.
– Abry Partners LLC invested in UK accounting services provider Burgess Hodgson Canterbury Ltd. Continuum Advisory Partners was Burgess' financial adviser. Hines Associates was Abry's financial adviser, and Paul Hastings (Europe) LLP was its legal adviser.
– Magnesium Capital LLP funds acquired UK-based energy management services provider Automated Building and Energy Controls Ltd.
Disclaimer: This content may be AI-assisted and 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.