16 Jul, 2025

NexPhase buys Empower from Northlane; Unity acquires The Byng Group

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

– NexPhase Capital LP acquired US-based behavioral health services provider Empower Community Care from Northlane Capital Partners LLC. Choate, Hall & Stewart, Gowling WLG, Haynes and Boone, and McDermott Will & Emery were NexPhase's legal advisers. TripleTree and TM Capital were Empower's financial advisers and King & Spalding was its legal adviser.

– Unity Partners LP acquired Canadian unit turnover services provider The Byng Group Ltd. Kirkland & Ellis LLP was Unity's legal adviser and PricewaterhouseCoopers LLP was its financial adviser.

– Warburg Pincus LLC acquired a majority stake in US insurance broker Keystone Agency Partners LLC. Barclays, Goldman Sachs, KBW and Dowling Hales were Keystone's financial advisers and Kirkland & Ellis LLP was its legal adviser. Jefferies was Warburg Pincus' financial adviser and Wachtell, Lipton, Rosen & Katz and Paul, Weiss, Rifkind, Wharton & Garrison LLP were its legal advisers.

– Watchtower Capital Partners acquired Fence Builders Inc. and Green Hill Fence Co. Comerica Securities Inc. was Fence Builders' financial adviser.

– Pelican Energy Partners LP sold its stake in US nuclear engineering company Excel Services Corp.

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