Haveli to buy Couchbase in $1.5B deal; Eneco leads Ostrom's series B round

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

– An affiliate of Pacific Avenue Capital Partners LLC agreed to acquire the cement business of Danish construction company FLSmidth & Co. A/S.

– Eneco Ventures led a €20 million series B funding round for German electricity company Ostrom.

– Haveli Investment Management LLC agreed to acquire US-based data platform provider Couchbase Inc. for about $1.5 billion. Latham & Watkins LLP is Haveli's legal adviser, and Jefferies LLC is its lead financial adviser. Morgan Stanley & Co. LLC is Couchbase's financial adviser, and Wilson Sonsini Goodrich & Rosati PC is its legal adviser.

– Morgan Stanley Investment Management Inc.'s 1GT climate private equity strategy led a $30 million series E round for US emission-monitoring tools developer Insight M Inc.

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