J.C. Flowers acquires Caleas; Portobello to exit Grupo Mediterránea

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

– J.C. Flowers & Co. LLC acquired insurance brokerage franchise Caleas Srl.

– Portobello Capital Gestión SGEIC SA will exit its investment in food service provider Grupo Mediterránea with its sale to Sodexo SA. Sodexo's acquisition of Grupo Mediterránea is expected to be finalized by the end of 2025.

– Advantage Partners Inc. is set to acquire a majority stake in pharmacy operator Nihon Chouzai Co. Ltd.

– Burton Hill Capital acquired skylight manufacturer Skyline Sky-Lites of Colorado Springs, Colorado.

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

For more private equity deals, read our latest In Play report, which looks at potential private equity-backed M&A, including rumored transactions, each week.