02 Jun, 2025

MidOcean sells InterVision; Bernhard Capital acquires TechServ

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By S&P Global Market Intelligence


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

– MidOcean US Advisor LP sold US-based IT services company InterVision Systems LLC to NWN Corp. Gibson, Dunn & Crutcher LLP was MidOcean's legal adviser. Guggenheim Securities and Moelis & Company were InterVision's financial advisers.

– Bernhard Capital Partners Management LP acquired US engineering consulting firm Techserv Consulting And Training Ltd.

– First Reserve Management LP and Fortress Investment Group LLC agreed to acquire a majority stake in Hawaiian energy infrastructure services provider Island Energy Services LLC from One Rock Capital Partners LLC. Evercore and Nomura Securities International, Inc. were Island Energy's financial advisers and Latham & Watkins LLP was its legal adviser.

– CenterGate Capital LP sold US repair services provider Mid-State Machine & Fabricating Corp. to ONCAP Management Partners LP. J.P. Morgan Securities LLC was Mid-State's financial adviser and McDermott, Will & Emery LLP was its legal adviser.

– Endless LLP acquired European battery distribution business Ecobat Battery UK Ltd. Rothschild & Co was Ecobat's financial adviser and White & Case was its legal adviser.

– SPC Management Co. Inc., which does business as Swander Pace, acquired US pastry seller Maple Donuts, Inc. Alantra was Maple Donuts' financial adviser and Stradley Ronan was its legal adviser. Jones Day was Swander Pace's legal adviser.

– Sands Capital Ventures LLC led a $75 million series D round for US medical device developer SpyGlassPharma Inc.

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

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