Parabellum exits Parseq; Coral Tree invests in Plein Air

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

– Parabellum Investments (UK) sold business process outsourcing specialist Parseq Ltd. to Paragon Customer Communications Ltd.

– Sun Capital Partners Inc. completed the single asset continuation vehicle for Fletchers Solicitors, a legal firm specializing in medical negligence and personal injury.

– Main Street Capital Corp. invested an additional $25.6 million in brand marketing firm DMS Holdco LLC, along with co-investor MSC Income Fund Inc., to support the company's acquisition of direct mail advertising company Johnson & Quin Inc.

– MML Capital Partners-backed professional services firm StoneTurn Group LLP was acquired by Province LLC, a Trivest Partners LP portfolio company.

– Coral Tree Management LP invested in marketing and technology consultancy Its Plein Air Agency LLC. Canaccord Genuity was financial adviser and Nelson Mullins Riley & Scarborough LLP was legal adviser to Plein Air. Goodwin Procter LLP was legal adviser to Coral Tree.

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