Mutares divests 51% stake in LiBCycle; Atar exits Frontier Integrity Solutions

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

– Mutares SE & Co. KGaA divested its 51% stake in lithium-ion battery logistics firm Libcycle GmbH to Reverse Logistics GmbH.

– Atar Capital LLC sold pipeline inspection company Frontier Integrity Solutions.

– Tailwind Management LP invested in Valor Fleet Services, a provider of vehicle towing services. Piper Sandler & Co. and Stevens & Lee were financial and legal advisers to Valor, respectively. Davis Polk & Wardwell LLP was Tailwind's legal adviser.

– Atalante SAS exited its investment in French industrial group Novarc to the Croullet family.

– Pamlico Capital Management LP invested in insurance technology company CalcFocus LLc. Alston & Bird LLP was Pamlico's legal adviser. CalcFocus' financial and legal advisers were Morgan Partners and Fox Rothschild LLP, respectively.

– Bertram Capital Management LLC completed construction supply company NEFCO Holding Company LLC's sale to Leonard Green & Partners LP. Solomon Partners, Houlihan Lokey and Hirschler served as advisers.

– 1315 Capital LLC invested in commercial manufacturer Coating Place Inc.

– Nonantum Capital Partners LLC invested in executive search firm Flatiron Search Partners LLC. Piper Sandler & Co. and Perkins Coie were Flatiron's financial and legal advisers, respectively. Goodwin was Nonantum's legal adviser.

– H.I.G. Capital LLC sold a minority stake in myKaarma, the doing-business name of automotive dealership software provider Kaarya LLC, to Warburg Pincus LLC. RBC Capital Markets was financial adviser to Warburg Pincus.

– Neuberger Berman Group LLC acquired a minority stake in tax services and software provider Ryan LLC. BofA Securities and J.P. Morgan Securities LLC were financial advisers and Kirkland & Ellis LLP was legal adviser to Ryan. RBC Capital Markets and Goldman Sachs & Co. LLC were financial advisers and Latham & Watkins LLP was legal adviser to Neuberger.

– Lead Capital Partners LLC invested in PedsOne LLC, a provider of outsourced revenue cycle management and consulting services to pediatric practices.

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