Acorn sells Berry Aviation; Teleo acquires Modersys

– Acorn Growth Cos. LLC agreed to sell aviation services provider Berry Aviation Inc. to Bristow Group Inc. for approximately $110 million. Solomon Partners Securities LLC and Pareto Securities AS were financial advisers to Bristow Group and Baker Botts LLP was legal adviser.

– Teleo Capital Management LLC acquired manufacturing software and automation solutions business Modersys, previously known as SmartFactory, from Applied Materials Inc. Gunderson Dettmer was legal adviser to Teleo. Wilson Sonsini Goodrich & Rosati was legal adviser to Applied Materials.

– Verance Capital sold social media and sponsorship analytics platform U-MVPindex LLC to Game Theory Inc.

– Quad-C Management Inc. invested in logistics platform Armstrong Transport Group LLC.

– Main Street Capital Corp. exited its investment in IT consultant Centre Technologies Inc. following a majority recapitalization of the business by LightBay Management LLC. Guggenheim Securities LLC was financial adviser and Troutman Pepper Locke LLP was legal adviser to Centre Technologies. Houlihan Lokey Capital Inc. was financial adviser and Ropes & Gray LLP was legal adviser to LightBay.

– Primus Capital Partners Inc. acquired a minority stake in insurance platform Matic Insurance Services Inc.

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