29 May, 2026

MidOcean sells Zonda; Eurazeo buys majority stake in T1A

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

– MidOcean US Advisor LP agreed to sell property data provider HW Holdco LLC, doing business as Zonda Home, to CoStar Group Inc. Houlihan Lokey Capital Inc. and Solomon Partners Securities LLC. were financial advisers to MidOcean. Gibson Dunn & Crutcher LLP was its legal adviser.

Eurazeo SE acquired a majority stake in IT refurbishment business T1A Group

CVC Capital Partners PLC is set to acquire a 90% stake in the food ingredients business of International Flavors & Fragrances Inc. for $3.8 billion. JP Morgan Securities LLC and BofA Securities were financial advisers to IFF and Skadden Arps Slate Meagher & Flom LLP & Affiliates was legal counsel.

– Deer Management Co. LLC led a $45 million funding round in defense technology company Picogrid Inc.

GV Management Company LLC led a $15 million funding round in cybersecurity startup Mokn Sas.

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