Deal Wrap is updated as of 3 p.m. ET.
– Inflexion Pvt. Equity Partners LLP is set to acquire insurance broker Ascend Broking Group Ltd.
– ECI Partners LLP exited workforce safety software provider Rocksure Systems Ltd, doing business as Peoplesafe, to Summa Equity AB. Baird and Squire Patton Boggs were ECI's financial and legal advisers, respectively.
– Juggernaut Management LLC sold snack brand Go Raw Ltd., the doing-business name of FREELAND FOODS INC, to Usk Capital Partners. Stifel was financial adviser and Robinson Bradshaw & Hinson P.A. was legal adviser.
– Main Street Capital Corp. exited storage tank manufacturer KBK Industries LLC.
– TruArc Partners LP acquired commercial landscaping provider Schill Landscaping And Lawn Care Services Inc. from Argonne Capital Group LLC. William Blair & Company and Citizens Capital Markets & Advisory were financial advisers and Weil Gotshal & Manges LLP was legal adviser to TruArc Partners. Solomon Partners was financial adviser to Schill.
– Princeton Equity Group LLC invested in gym chain Amped Fitness LLC. Harris Williams and MOK Advisors were financial advisers to Princeton, and Latham & Watkins LLP was legal adviser. Morrison Cohen LLP was legal adviser to Amped Fitness.
– MPearlRock LP acquired snack brand The Good Crisp Company Inc. Gibson, Dunn & Crutcher was legal adviser to MPearlRock. Morrison & Foerster was legal adviser to The Good Crisp Company.
– Morgan Stanley Investment Management Inc. made a majority investment in engineering firm Olsson Inc. The Environmental Financial Consulting Group, LLC was financial adviser to Olsson and Koley Jessen P.C., L.L.O. was legal adviser. AEC Transaction Services LLC, Houlihan Lokey and Harris Williams were financial advisers to Morgan Stanley, and Latham & Watkins was legal adviser.
– Turn/River Management L.P. invested in laboratory informatics platform STARLIMS Corp., with former sponsor Francisco Partners Management LP exiting in the transaction. Simpson Thacher & Bartlett LLP was legal adviser to Turn/River. Harris Williams was financial adviser and Kirkland & Ellis LLP was legal adviser to Francisco Partners and StarLIMS.
– Sheridan Capital Partners invested in electronic healthcare record management solutions provider ICANotes LLC. McDermott Will & Schulte was legal adviser and Harris Williams was financial adviser to Sheridan.
– TRM Equity acquired Browntown Foundry and Iron Mountain Foundry from Grede Holdings LLC.
– J.F. Lehman and Company LLC acquired a majority of Wellman Dynamics Corp., a provider of aerospace-grade magnesium and aluminum castings, with current sponsor TRM Equity retaining a minority stake in the business.
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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