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03 Jun, 2025
By S&P Global Market Intelligence
Deal Wrap is updated as of 3 p.m. ET.
– Exuma Capital Partners acquired the Florida operations of heating, ventilation and air conditioning company Air Pros LLC, including plumbing company Drain Genie Plumbing Services Inc. and electrical contracting brand Personalized Power Systems.
– Haveli Investment Management LLC acquired US travel technology provider Lodging Solutions LLC, which does business as Accommodations Plus International. J.P. Morgan Securities LLC was Haveli's financial adviser and White & Case LLP was its legal adviser. Sidley Austin LLP was Accommodations Plus' legal adviser.
– Kayne Anderson Capital Advisors LP invested more than $300 million in Houston-based oil and natural gas company Terra Energy Partners Management LLC.
– Tico Capital Partners and 7 Seas Capital acquired US pipe components maker Precision Piping Products LLC. Generational Group was Precision Piping's financial adviser.
– Linse Capital LLC led a $300 million series C round for US space technology company Impulse Space Inc.
– Activate Capital Partners and S2G Investments LLC led a $62 million funding round for US drone technology company Aerones Inc.
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.