Advent acquires Japan Wellbeing; Tailwind exits Cumming Group stake

– NLC Ventures Netherlands BV agreed to sell biotechnology company Sanmirna Therapeutics Inc to Thalia Therapeutics PLC.

– Smart Capital SpA acquired a 43.66% stake in real estate company Midolini Group RE from the Midolini/Pittini family.

– Artificial intelligence and machine learning technology company Seldon Technologies Ltd., which is backed by Amadeus Capital Partners Ltd., Global Brain Corp., Cambridge Innovation Capital Ltd., Bright Pixel Capital and AlbionVC, is set to be acquired by Ensemble Labs Inc.

– BGH Capital will sell tourism vehicle rental and services provider Tourism Holdings Limited to an undisclosed buyer.

– Boxer Capital Management LLC- and Access Biotechnology-backed Passage Bio Inc. stands to be acquired by Remix Therapeutics Inc. in a reverse merger transaction valued at $226 million. Latham & Watkins LLPwas legal adviser to Remix Therapeutics Inc. Wedbush Securities Inc was financial adviser to Passage Bio Inc. and Fenwick & West LLP was legal adviser.

– Advent International LP will acquire home care services provider Japan Wellbeing Corp., formed from a combination of Tsukui Corp. and SOYOKAZE Co. Ltd., from MBK Partners.

– Maxwell Street Capital Partners LP, partnering with Boxart Inc., acquired fine arts logistics business Masterpiece International Ltd.. from Imperative Logistics Group LLC.

– Tailwind Management LP exited its minority stake in consulting firm Cumming Group Italy S.r.l. Jefferies and Evercore were financial advisers to Cumming.

– Excellere Capital Management LLC and GHO Capital Partners LLP sold healthcare equipment business Biocare Medical LLC to Agilent Technologies Inc.

– Onex Corp., TriWest Capital Partners and unnamed co-investors will acquire fractional jet operator Airsprint Inc. Goodmans LLP and Kirkland & Ellis LLP were legal advisers and RBC Capital Markets was financial adviser to Onex, TriWest and their co-investors. Blake Cassels & Graydon LLP was legal adviser and CIBC Capital Markets and Jefferies LLC were financial advisers to AirSprint.

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