Fremman acquires Incendin; LDC buys minority stake in Appcheck

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

– LDC (Managers) Ltd. acquired a minority stake in UK-based cybersecurity software vendor Appcheck Ltd. KPMG was financial adviser and Squire Patton Boggs was legal adviser to LDC. RSM was financial adviser and Mills & Reeve was legal adviser to AppCheck.

– Fremman Capital GmbH agreed to acquire fire-fighting protection equipment Incendin NV from Straco. Baird was financial adviser to Incendin.

– Balance Point Capital Advisors LLC invested in Serent Capital Management Co. LLC-backed jewelry store software platform Abbott Jewelry Systems LLC, doing business as The Edge.

– General Atlantic Service Co. LP invested in TA Associates Management LP-backed PowerGEM, LLC, a provider of power grid and energy market simulation software and services. Lazard was financial adviser to PowerGEM and TA, and Goodwin Procter LLP was legal adviser. Paul, Weiss, Rifkind, Wharton & Garrison LLP was legal adviser to General Atlantic.

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