Limestone acquires 30% of Nokken; Pennington buys Rite in the Rain stake

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

– Limestone Capital AG acquired a roughly 30% stake in UK cabin manufacturer Nokken Ltd.

– Pennington Creek Capital LLC acquired a majority stake in US writing tools maker Rite in the Rain. The investment aims to diversify the Chickasaw Nation's business interests and support Rite in the Rain's strategic growth initiatives. Vinson & Elkins LLP was Pennington Creek's legal adviser and Andersen Global and IMA Corp. were its financial advisers. Integris Partners was Rite in the Rain's financial adviser.

– Altor Equity Partners AB and Temasek Holdings (Pvt.) Ltd. participated in a €150 million funding round for Swedish heat pumps provider Aira Italia SpA.

– Accel Partners and Peak XV Partners Operations LLC led an $85 million investment in Indian pharmaceutical company Intellihealth Solutions Pvt. Ltd., which does business as Truemeds.

– Amplify Partners LLC led a $30 million series A round for San Francisco-based biotechnology company Vevo Therapeutics Inc., which does business as Tahoe.

– Mainsail Management Co. LLC invested $28.7 million in US-based fire prevention software provider Life Safety Inspection Vault.

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