17 Jul, 2025

One Rock completes Island Energy Services sale; Stonepeak invests in PDG

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

– One Rock Capital Partners LLC completed the sale of fuel logistics and infrastructure company Island Energy Services LLC to First Reserve Management LP and Fortress Investment Group LLC. Evercore and Nomura Securities International Inc. were financial advisers to Island Energy Services on the transaction, and Latham & Watkins LLP was its legal adviser.

– Stonepeak Partners LP invested $1.3 billion in datacenter operator Princeton Digital Group (Singapore) Pte. Ltd. Goldman Sachs and J.P. Morgan were financial advisers to Princeton Digital Group on the transaction, and Latham & Watkins was its legal adviser. Barclays was Stonepeak's financial adviser, and Sidley Austin LLP was its legal adviser.

– OCA Venture Partners LLC- and Mutual Capital Partners-backed medical benefit platform eBlu Solutions Inc. was acquired by Knipper Health Inc., a Frazier Management LLC portfolio company.

– Desjardins Capital-backed operational performance management and coaching company Proaction International Inc. was acquired by DSS Sustainable Solutions Switzerland SA, an Inflexion Pvt. Equity Partners LLP portfolio company.

– Crosscut Ventures Management, LLC-, Vertical Venture Partners LLC- and Alpha Intelligence Capital-backed marketing intelligence platform Retina AI Inc. is set to be acquired by ONAR Holding Corp.

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

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