20 May, 2026

Hypax to acquire Powerbox; GreyLion invests in Tanis Brush

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

– Lupa Systems LLC acquired New York Magazine, the Vox Media Podcast Network and Vox from digital media group Vox Media LLC. LionTree was financial adviser to Vox Media.

– Hypax GmbH agreed to acquire Sweden-based power supply solutions provider Powerbox International AB from Japan-based electrical components company Cosel Co. Ltd. in a carve-out transaction.

– GreyLion Partners LP invested in Tanis Brush Inc., a manufacturer of industrial and abrasive brushes.

– NGP Energy Capital Management LLC made a substantial equity commitment to Actuate Energy LP, a newly formed battery energy storage system investment and operating platform.

– Bregal Sagemount and Ardian SAS invested in life sciences software platform provider Ennov SA.

– Wynnchurch Capital LP sold metal fabricator Ironform Holdings Co. to an unnamed strategic acquirer. Ballard Spahr LLP was legal adviser to Wynnchurch.

Disclaimer: This content may be AI-assisted and is composed, reviewed, edited and approved by a human at S&P Global.

For more private equity deals, read our latest In Play report, which looks at potential private equity-backed M&A, including rumored transactions, each week.