27 Jan, 2026

SK Capital selling manufacturers to Siegfried Holding; Bain buys APP Properties

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

– SK Capital Partners LP is set to sell pharmaceutical company Noramco Inc., botanicals manufacturer Tasmanian Alkaloids Pty Ltd, doing business as Extractas Biosciences, and drug manufacturer Purisys LLC to Siegfried Holding AG. Jefferies, RBC Capital Markets LLC and Rothschild & Co. were financial advisers to Noramco.

Tenity Group AG-backed AI training provider StackFuel GmbH was acquired by Multiverse Group Ltd.

– Truelink Capital Management LLC completed its acquisition of fasteners supplier SouthernCarlson Inc. from Kyocera Industrial Tools Inc.

– Incline Management LP invested in workflow automation provider MCCi LLC.

– Bain Capital LP acquired aviation services provider APP Properties Inc., doing business as APP Jet Center, from Ridgewood Infrastructure LLC. DLA Piper was legal adviser to Bain.

– Arroyo Energy Investment Partners LLC acquired Whirlwind Energy Center, a 60-megawatt wind farm located in Texas, in partnership with ONCEnergy.

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