Sterling acquires Cyber Advisors; Permira to sell stake in Altamar CAM

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

- Sterling Investment Partners Advisors LLC acquired IT services provider Cyber Advisors LLC. Robert W. Baird & Co. acted as the sell-side adviser, while Dechert LLP and Seyfarth Shaw LLP served as legal advisers to Sterling.

- Permira Advisers Ltd. agreed to sell its 40% stake in investment firm Altamar CAM Partners S.L to consulting company Mercer Inc. The transaction is expected to close in the second half of the year.

- Fort Point Capital LLC completed a recapitalization of waste management company Boston Green Co. Inc. Mirus Capital Advisors advised Boston Green.

- Burlington Capital Partners LLC and RF Investment Partners LLC acquired RS Boes Holdings, a Precision Garage Door Service franchisee, providing residential and commercial garage door services across multiple US states, in a completed transaction with undisclosed terms. Boxwood Partners acted as exclusive financial adviser to RS Boes Holdings, with FORVIS Mazars as accounting adviser and GrayRobinson as legal adviser. Fredrikson & Byron served as legal adviser to the buyers, with CLA providing buy-side accounting support.

- Bain Capital VenturesLP and Institutional Venture Partners co-led a $100 million Series C investment in US-based privacy-focused mobile virtual network operator Private Tech Inc., which does business as Cape. The funding round will support an expansion of Cape's secure mobile infrastructure platform. New investors 01 Advisors 01 LP, 137 Ventures Management LLC and Fifth Down Cap LLC also participated in the round.

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