Mill Point exits Verinext; Lightyear to acquire PayByPhone

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

– Mill Point Capital LLC sold IT services platform Verinext Corp. to Arctiq Inc. Guggenheim Securities served as financial adviser to Verinext, and McDermott Will & Schulte acted as legal adviser.

– Lightyear Capital LLC agreed to acquire mobile parking payments provider PayByPhone Ltd. from Corpay Inc.

– Advent International LP will invest 27.5 billion Indian rupees in Aditya Birla Housing Finance Ltd., a subsidiary of Aditya Birla Capital Ltd. Upon completion of the transaction, Aditya Birla Capital will hold approximately 85.7% of Aditya Birla Housing Finance, while Advent will hold the remaining 14.3% stake.

– Pictet Alternative Advisors SA invested in cybersecurity company Qgroup GmbH.

– Antin Infrastructure Partners is set to acquire Vigor Marine Group — a provider of maintenance, repair and overhaul services, as well as marine fabrication and services to the naval, defense and commercial maritime sectors in the US — from Lone Star Americas Acquisitions Inc. J.P. Morgan Securities LLC is serving as financial adviser to Antin, and Latham & Watkins LLP and Milbank LLP are acting as legal counsel. Evercore and Macquarie Capital are serving as financial advisers to Vigor, and Kirkland & Ellis LLP is acting as legal counsel.

– Goldman Sachs Alternatives invested in academic and mental health services provider EI US LLC, doing business as LearnWell. Harris Williams served as exclusive financial adviser to LearnWell, and Whiteman Osterman & Hannah LLP acted as legal counsel. Latham & Watkins acted as legal counsel to Goldman Sachs.

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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