Siris to acquire majority stake in Takkion; MainPost exiting DeMert Brands

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

– Siris Capital Group LLC agreed to acquire a majority stake in energy services platform Takkion Holdings LLC from funds affiliated with Apollo Global Management Inc. TD Securities and Wells Fargo were financial advisers and Sidley Austin was legal adviser to Siris. Harris Williams was financial adviser and Vinson & Elkins LLP was legal adviser to Apollo.

– Main Post Partners LP will sell DeMert Brands Inc., a beauty products manufacturer, to Henkel AG & Co. KGaA. Raymond James was financial adviser and Morrison & Foerster was legal adviser to DeMert on the deal.

– Altamont Capital Management LP invested in Key Container Corp., a manufacturer of corrugated packaging products. Jefferies Financial Group and TM Capital were the financial advisers for Altamont and Key Container, respectively.

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