Tiger sells IAC to H.I.G. Capital; Kinderhook completes Enhabit take-private

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

– Tiger Infrastructure Partners LP sold aircraft finishing company International Aerospace Coatings Inc. to H.I.G. Capital LLC. Jefferies LLC was financial adviser and Latham & Watkins LLP was legal adviser to Tiger Infrastructure and IAC. RBC Capital Markets, LLC was financial adviser and Ropes & Gray LLP was legal adviser to H.I.G.

– Kakao Investment Co. Ltd. is set to sell a 6.55% stake in blockchain services provider Dunamu Inc. to Hana Bank Co. Ltd., according to S&P Global Market Intelligence data.

– Prosus Ventures NV led a $240 million funding round for bike taxi booking platform Roppen Transportation Services Private Limited, operating as Rapido.

– Kinderhook Industries LLC completed its previously announced take-private acquisition of home health and hospice services provider Enhabit Inc. Goldman Sachs & Co. LLC was financial adviser and Jones Day was legal adviser to Enhabit. Guggenheim Securities, LLC was financial adviser and Kirkland & Ellis LLP was legal adviser to Kinderhook.

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