Peak Capital to sell SBS; SeaFort buys majority stake in Allmar

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

– Peak Rock Capital LLC agreed to sell AI design software developer Spatial Business Systems Inc to Enverus Inc. Lazard and Lincoln International were financial advisers and Kirkland & Ellis LLP was legal adviser to Spatial Business Systems

– SeaFort Capital acquired a majority stake in Allmar Inc., a door and hardware solutions supplier. Stewart McKelvey was legal adviser to SeaFort Capital. Thompson Dorfman Sweatman LLP was legal adviser to Allmar.

– American Express Ventures invested in Traversal Inc., an AI platform for site reliability engineering.

– Axcel Management A/S agreed to acquire homecare distributor Sangro Medical Service GmbH from Nordic Capital-backed GHD GesundHeits GmbH Deutschland

– Springcoast Capital Partners LP led a $180 million growth equity investment in e-commerce solutions provider Cart.com Inc.

– Takamul Investment Co. LLC sold a 32.66% stake in liquified petroleum gas manufacturer Muscat Gases Co. SAOG to an undisclosed buyer, according to S&P Global Market Intelligence data.

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