31 Mar, 2026

26North Partners acquires Intermedia; Mountaingate Capital acquires UpSwell

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

– 26North Partners LP agreed to acquire voice and video conferencing platform Intermedia Communications Inc. from Madison Dearborn Partners LLC. Jefferies LLC was financial adviser to Intermedia, and Kirkland & Ellis LLP was legal adviser. J.P. Morgan Securities LLC and Stifel were financial advisers to 26North. DLA Piper LLP was legal adviser to 26North.

– Mountaingate Capital Management LP acquired advertising company Upswell LLC. BrightTower was financial adviser to UpSwell. WilmerHale was legal adviser to Mountaingate Capital.

– Greenbelt Capital Management LP made a strategic investment in wire and cable supplier American Wire Group Inc. Raymond James & Associates was financial adviser and Bricker Graydon Wyatt was legal adviser to AWG. Kirkland & Ellis LLP was legal adviser to Greenbelt.

– Fortress Investment Group LLC acquired bankruptcy administration services provider Omni Management Group LLC.

– TA Associates Management LP made a strategic growth investment in iBASEt Inc., a cloud software developer for the aerospace and defense industry. Centerview Partners LLC was financial adviser and Fenwick & West LLP was legal adviser to iBase-t. Lazard was financial adviser and Simpson Thacher & Bartlett LLP was legal adviser to TA.

– Closed Loop Partners LLC acquired metals management company Sutter Metals LLC. J.P. Morgan Securities LLC was financial adviser to Closed Loop Partners.

– LongueVue Management Co. LLC invested in Apex Dental Laboratory Group LLC, in partnership with Swaney Group Capital. Brown Gibbons Lang & Co. was financial adviser and Sheppard Mullin Richter & Hampton LLP was legal adviser to Apex. Norton Rose Fulbright LLP was legal adviser to LVC.

– Tiger Infrastructure Partners LP invested in private security company Orbis Protect Ltd. Lincoln International LLP was financial adviser and Clifford Chance LLP was legal adviser to Tiger Infrastructure.

– Warburg Pincus LLC- and Vista Equity Partners Management LLC-backed software-as-a-service management platform BetterCloud Inc. was acquired by CoreStack Inc. Canaccord Genuity was financial adviser and Paul Hastings was legal adviser to BetterCloud. Zarren Law Group and Inventus Law were legal advisers to CoreStack.

– Jaipur Capital acquired media and investment company BurdaLuxury from Hubert Burda Media Holding Kommanditgesellschaft.

– Sentinel Capital Partners LLC sold fire protection system provider Marioff Corp. Oy to Inflexion Pvt. Equity Partners LLP. J.P. Morgan and Citi were financial advisers to Sentinel, and Kirkland & Ellis was legal adviser.

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