Deal Wrap is updated as of 3 p.m. ET.
– Verdane will acquire a majority stake in Smartbox Assistive Technology Ltd. from CareTech Holdings PLC, which will retain a minority position. THCP Advisory Ltd. will also invest in the business alongside Verdane. William Blair is the financial adviser to Smartbox and CareTech Group.
– Mutares SE & Co. KGaA agreed to sell aluminum roofing manufacturer Kalzip GmbH to Tremco CPG Inc.
– L Catterton Management Ltd. agreed to acquire a majority stake in cottage cheese maker good culture LLC. Manna Tree Partners LLC plans to reinvest in Good Culture alongside L Catterton. The financial and legal advisers on the deal are Houlihan Lokey and Winston & Strawn LLP for Good Culture and Citi and Kirkland & Ellis LLP for L Catterton, respectively. Cooley LLP is advising Manna Tree.
– Veritas Capital Fund Management LLC will acquire a majority stake in supply chain software platform Global Healthcare Exchange LLC, with Temasek Holdings (Pvt.) Ltd. and Warburg Pincus LLC remaining as investors. The deal is expected to close in the first quarter of 2026. The legal advisers on the deal are Cleary Gottlieb Steen & Hamilton LLP to GHX and Temasek Gibson Dunn & Crutcher LLP to Veritas and Kirkland & Ellis LLP to Warburg Pincus. GHX's financial adviser is Evercore.
– Audax Management Company LLC acquired a majority stake in advisory firm Keystone Strategy LLC. William Blair and Baird were financial advisers to Audax, while Kirkland & Ellis LLP acted as legal adviser.
– Haveli Investments LP is set to make a majority investment in contract lifecycle management platform SirionLabs Inc. William Blair was financial adviser to Sirion. Moelis & Company LLC was financial adviser and Latham & Watkins LLP was legal adviser to Haveli.
– Calera Capital Advisors LP acquired residential flooring products and vinyl fence sales and installation company ReVamp Cos. from Bertram Capital Management LLC. Baker & McKenzie LLP and Simpson Thacher & Bartlett LLP were legal advisers to Calera.
– MFG Partners LLC sold wire and cable distributor AZ Wire and Cable Company Inc. to LindFast Solutions Group, a Nautic Partners LLC portfolio company. Lincoln International was financial adviser and Goodwin Procter LLP was legal adviser to AZ and MFG.
– Truelink Capital Management LLC is set to invest in electrical system repair, installation and maintenance services provider Prime Electric Inc.
– CVC Capital Partners PLC acquired parking infrastructure platform iPark, the doing-business name of Ipark Estacionamientos Y Servicios De Moviliad SA, from Elliott Investment Management LP. DC Advisory was financial adviser to Elliot, while Eversheds was its legal adviser. RBC Capital Markets was financial adviser and Uría & Menéndez was legal adviser to CVC.
– Gryphon Advisors LLC acquired workplace safety consultant Safety Management Group LLC from New MainStream Capital Management Holding LLC. Houlihan Lokey was financial adviser and Kirkland & Ellis was legal adviser to Gryphon. Stifel was financial adviser and Greenberg Traurig LLP was legal adviser to SMG.
– Banneker Partners LLC acquired cybersecurity company Industrial Defender Inc. Boston Meridian Partners was financial adviser to Industrial Defender.
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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