12 Sep, 2025

3G Capital takes Skechers private; Thoma Bravo closes Olo buy

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

– 3G Capital Partners LP completed its $9.7 billion deal to take footwear giant Skechers U.S.A. Inc. private. Skechers' stock has ceased trading on the NYSE as of Sept. 12.

– Thoma Bravo LP finalized its approximately $2.0 billion purchase of restaurant technology company Olo Inc., which will be delisted and no longer trade its common stock. Goldman Sachs was the financial adviser and Goodwin Procter LLP was legal counsel to Olo, while Kirkland & Ellis LLP was Thoma Bravo's legal counsel.

– Apex Technology Inc. raised $200 million in a series D financing round led by Interlagos Capital LLC, valuing the spacecraft manufacturer at more than $1 billion.

– The European Investment Bank (EIB) led a €57 million structured financing round for Cailabs SAS, a deep-technology company specializing in advanced photonics. The round comprises €37 million in financing from the EIB and a €20 million investment from Definvest and Fonds Innovation Defense — both managed by Bpifrance Investissement SAS — NewSpace Capital, the European Innovation Council (EIC) Fund, Starquest Capital SAS and Crédit Agricole Ille-et-Vilaine Expansion.

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