Nordic Capital buys majority of TradingHub; ORIX sells Optimad

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

– Nordic Capital agreed to acquire a majority stake in TradingHub Group Ltd., a UK-based trade surveillance technology provider for global financial institutions, for an undisclosed amount. Summit Partners LP and co-Founder Neil Walker retain minority positions. Evercore acted as exclusive financial adviser to TradingHub.

– Maven Capital Partners UK LLP invested $20 million in data analytics company Chorus Intelligence Ltd.

– Proviso Capital LLC acquired American Color Imaging Inc., an Iowa-based professional photography lab and imaging services provider, for an undisclosed amount. Generational Capital Markets acted as exclusive financial adviser to American Color Imaging.

– ORIX Advisers LLC sold the Entertainment Media division of portfolio company Optimal to CapStone Holdings Inc. The acquired business will operate under legacy name Optimad Media LLC.

– TA Associates Management LP and GoldState Music led an investment in music technology platform Too Lost LLC Jegi Leonis served as financial adviser to Too Lost, and Paul Hastings LLP as legal adviser. Ropes & Gray LLP served as legal adviser to TA Associates.

– LeapFrog Investments led a $95 million investment in India-based energy provider ReNew Energy Global PLC, committing $50 million with co-investors Emerging Market Climate Action Fund and AlpInvest Partners BV providing the balance.

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