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.