MiddleGround Capital exits Vytl Controls Group; Francisco Partners acquires Jamf

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

– MiddleGround Capital sold flow control solutions provider Vytl Controls Group to an affiliate of SunSource. Solomon Partners served as lead financial adviser to MiddleGround Capital and Vytl Controls Group, with Baird serving as co-adviser and Fried Frank Harris Shriver & Jacobson LLP acting as legal counsel. Debevoise & Plimpton LLP acted as legal counsel to SunSource

– Francisco Partners Management LP completed its acquisition of Jamf Holding Corp., a mobile device management solutions provider. Citi served as exclusive financial adviser and Kirkland & Ellis LLP acted as legal counsel to Jamf. RBC Capital Markets served as lead financial adviser to Francisco Partners. Goldman Sachs & Co. LLC and Deutsche Bank Securities Inc. also advised Francisco Partners, and Simpson Thacher & Bartlett LLP acted as legal counsel.

– Main Street Advisors, Bolt Ventures and IKON Capital acquired Red Bull KTM Tech3, a motorcycle racing team competing in the MotoGP World Championship.

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