Maxburg exits Synvert; Trivest invests in Direct Metals

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

– Cyberbit Ltd. acquired RangeForce Inc., a cybersecurity training platform backed by Paladin Capital Group, Cisco Investments, KPN Ventures, Energy Impact Partners LLC and Trind Ventures OÜ.

– Maxburg Capital Partners GmbH sold cloud data and artificial intelligence services provider Synvert GmbH to GlobalLogic Inc., a US-based subsidiary of Hitachi Ltd.

– Trivest Partners LP invested in building products company DMI Direct Metals LLC, a First Lexington LLC portfolio company formerly known as Direct Metals, Inc.

– Blue Point Capital Partners LLC exited strategy consulting firm Stax LLC in a sale to Grant Thornton Advisors LLC. William Blair and Baird were financial advisers to Blue Point. Jones Day was legal adviser to Stax, and Stout was its financial adviser.

– Bregal Milestone LLP completed a majority investment in strategic, financial and technical consultant Skysparc AB.

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