Audax to sell Liquid Environmental; Brookfield invests in 5C Group

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

– Audax Management Company LLC agreed to sell US liquid waste disposal company Liquid Environmental Solutions Corp. to Goldman Sachs Asset Management LP. Houlihan Lokey and Baird were Audax and Liquid's financial advisers and Ropes & Gray and Frederikson & Byron were their legal advisers. Stifel was Goldman Sachs' financial adviser and Simpson Thacher & Bartlett was its legal adviser.

– Brookfield Asset Management Ltd. participated in an $835 million investment in Canadian AI digital infrastructure provider 5C Group Inc. Moelis & Company LLC was 5C Group's financial adviser and Osler, Hoskin & Harcourt LLP was its legal adviser. Simpson Thacher & Bartlett LLP was Brookfield's legal adviser.

– K1 Investment Management LLC sold US-based church management software developer Subsplash Inc. to Roper Technologies Inc.

– Sequoia Capital Operations LLC participated in a $150 million series D round in San Francisco-based internet security company Vanta Inc.

– We Venture Capital and ClavystBio Pte. Ltd. led an $11.6 million series A round in Singaporean healthcare-focused AI developer Respiree Pte. Ltd.

– GV Management Company LLC invested in German property management software developer Home HT GmbH, which does business as Buena.

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