TriWest exits Peloton stake; Wynnchurch to acquire Arcosa Marine Products

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

– TriWest Capital Partners sold its stake in software company Peloton Computer Enterprises Ltd. in a recapitalization led by The Carlyle Group Inc.

– Wynnchurch Capital LP agreed to acquire Arcosa Marine Products Inc., the barge business of Arcosa Inc., for $450 million in cash. Wells Fargo was financial adviser to Arcosa and Gibson Dunn & Crutcher LLP was legal adviser. Paul Hastings was legal adviser to Wynnchurch.

– Arkwright X-backed recruitment platform Vilect AS is set to be acquired by Done.ai Group AB, according to S&P Global Market Intelligence data.

– Blumberg Capital LLC-, Bain Capital Ventures LP-, Signalfire LLC- and Flourish Ventures Services LLC-backed financial technology platform EarnUp Inc. was acquired by Array US Inc.

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