Trive Capital invests in Polar Technology; Catchment to acquire Isolatek

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

– Trive Capital Management LLC invested in defense technology company Polar Technology Management Group Ltd.

– Catchment Capital LP agreed to acquire Isolatek International, a manufacturer of fireproofing materials, from SK Capital Partners LP. RBC Capital Markets was financial adviser and Gibson Dunn & Crutcher LLP was legal adviser to Catchment. Evercore was financial adviser and Goodwin Procter LLP was legal adviser to SK Capital and Isolatek.

– Boost & Co. Ltd.-backed telecommunications provider Armour Communications was acquired by cyber technology company Penten Pty Ltd.

– Maven Capital Partners UK LLP- and Foresight Group LLP-backed FIS Chemicals Ltd., a manufacturer of cleaning and maintenance chemicals, was acquired by Shrieve Chemical Company LLC.

– Grand Sud Ouest Capital S.C.R. SA- and Go Capital SAS-backed workplace management platform Comeen is set to be acquired by LumApps SAS. Squire Patton Boggs was M&A adviser to LumApps. Gide Loyrette Nouel was adviser to Comeen.

– Avem Partners acquired aerospace and defense fittings manufacturer Precision Aircraft Machining Company Inc.

– Ardian SAS exited its stake in transportation sector quality management business TRIGO SA to Montyon Capital. White & Case was legal adviser and Accuracy was financial adviser to Montyon.

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