Crestview acquires Tailwind Hospitality; Roundtable invests in Colorescience

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

– RoundTable Healthcare Partners invested in skin care and sun protection brand Colorescience Inc. Sidley Austin LLP acted as legal counsel to RoundTable. Raymond James served as financial adviser and Greenberg Traurig LLP acted as legal counsel to Colorescience.

– Crestview Partners completed the acquisition of Tailwind Hospitality Inc., an aviation services company focused on food, beverage and retail concessions in non-hub and regional airports across the US, from Palladin Consumer Retail Partners LLC. Crestview is investing alongside AltitudeX Aviation Group LLC, as well as members of the Tailwind's existing management team led by President and CEO Jeff Switzer, who will continue to lead the company. Greenberg Traurig LLP provided legal counsel to Crestview. Solomon Partners served as financial adviser and Latham & Watkins LLP acted as legal counsel to Palladin and Tailwind.

– DC Capital Partners LLC acquired a majority stake in applied AI platform Knexus Research LLC.

– An affiliate of Center Rock Capital Partners LP acquired the control devices segment of Stoneridge Inc., a supplier of electronic systems and technologies.

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