Basic Capital sells Masdac; Equistone sells Buko stake

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

– Basic Capital Management Ltd. agreed to sell food machinery manufacturer Masdac Co. Ltd. to electric manufacturer Mabuchi Motor Co. Ltd., according to S&P Global Market Intelligence data.

– Crédit Mutuel Equity acquired a minority stake in metalworking specialist Tra- C Industrie.

– FTV Management Co. LP invested in financial technology company Valitana LLC.

– Equistone Partners Europe Ltd. sold its stake in temporary traffic management services business BUKO Group to Groupe Bruxelles Lambert SA. EY-Parthenon was financial adviser and Latham & Watkins was legal adviser to GBL.

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