ArchiMed acquires majority stake in Arkstone; Turning Rock exits Capital Square

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

– ArchiMed SAS acquired a majority stake in Arkstone Medical Solutions LLC, a biotechnology company.

– Turning Rock Partners LP exited its investment in real estate investment and management company Capital Square 1031 LLC.

– Thoma Bravo LP agreed to acquire a minority stake in Trading Technologies International Inc., a global capital markets platform services company, from 7Ridge Ltd.. The transaction is expected to close in the fourth quarter. Houlihan Lokey is serving as lead financial adviser and Barclays is acting as financial adviser to Trading Technologies. Proskauer is acting as legal adviser to Trading Technologies, and Oliver Wyman is serving as market and commercial adviser. Ardea Partners LP is serving as financial adviser and Goodwin Procter LLP is acting as legal adviser to Thoma Bravo.

– Schneider Electric SE agreed to acquire the remaining 35% stake of Schneider Electric India Pvt. Ltd. from Temasek Holdings (Pvt.) Ltd. to reach full ownership. The transaction is expected to close in the coming quarters.

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