Thompson Street acquires Bubbakoo's Burritos; Mutares to buy Continental unit

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

– Thompson Street Capital Manager LLC acquired US-based Mexican restaurant franchisor New Jersey's Best Bubbakoo's Burritos LLC. Sidley Austin LLP was Thompson Street's legal adviser.

– Mutares SE & Co. KGaA agreed to acquire the drum brakes production and research and development division of vehicle equipment company Continental AG.

– Praetura Ventures Ltd. agreed to merge with UK venture capital firm Par Equity LLP.

– Pact Capital LLC acquired a minority stake in US private equity firm Accel-KKR LLC.

– Sleeping Bear Capital LLC sold US aerial vehicle parts designer Edge Autonomy Operations LLC to Redwire Corp. for more than $1.14 billion.

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