Vance Street to exit Jet Parts, Victor Sierra; Dragoneer invests in ClickHouse

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

– Vance Street Management LLC agreed to sell Jet Parts Engineering LLC and Victor Sierra Aviation Holdings to TransDigm Group Inc. for $2.2 billion. Harris Williams is serving as financial adviser and Paul Hastings is acting as primary legal adviser to Jet Parts, Victor Sierra and Vance Street. BakerHostetler is acting as legal adviser to TransDigm.

– Kinderhook Industries LLC closed a single-asset continuation vehicle transaction for Ecowaste Solutions, a newly formed waste services provider created through the combination of Live Oak Environmental LLC and CARDS Recycling. The continuation vehicle is anchored by Kinderhook Fund 8 and funds managed by Goldman Sachs Alternatives and Apollo S3.

– Dragoneer Investment Group LLC led a $400 million series D funding round for ClickHouse Inc., a company offering an open-source columnar database management system built for real-time data processing and analytics at scale. GIC Pte. Ltd., Lightspeed Ventures LLC, Deer Management Co. LLC and others also participated in the round.

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