H.I.G. Capital to sell Interpath; LDC exits WCCTV

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

– H.I.G. Capital LLC agreed to sell advisory firm Interpath to Bridgepoint Group PLC.

– LDC (Managers) Ltd. exited surveillance technology provider Wcctv Ltd., selling to Arcus Infrastructure Partners LLP. Ashurst was the legal adviser to Arcus, and Deloitte was the financial adviser.

– Madison Dearborn Partners LLC invested in the combined company of accounting firm Nichols Cauley & Associates LLC, insurance brokerage Partners Risk Services LLC and transactions advisory firm JGH Consulting.

– AE Industrial Partners LP acquired a controlling stake in Rocketdyne, L3Harris Technologies Inc.'s space propulsion and power systems business.

– JC Flowers & Co. LLC completed the acquisition of Admiral Group PLC's US motor insurance business, Elephant Insurance Services LLC.

– ICG PLC agreed to invest in maritime technology company Navarino.

– Destinus Group BV completed its acquisition of Switzerland-based AI aviation systems developer Daedalean AG. Daedalean is backed by Redalpine Venture Partners AG, Amino Capital, Carthona Capital Ventures Trust and Honeywell Ventures, according to S&P Global Market Intelligence data.

– Oakley Capital Ltd. is set to acquire private investment firm Global Loan Agency Services Limited from Levine Leichtman Capital Partners LLC. Deutsche Bank AG and Robert W. Baird Ltd. were financial advisers and Willkie Farr & Gallagher (UK) LLP was legal adviser to LLCP and GLAS.

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