Bain to buy majority stake in FDH Aero; Carr's Hill acquires OMNI

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

– Bain Capital Pvt. Equity LP agreed to acquire a majority stake in aerospace components distributor FDH Aerofrom Audax Management Co. LLC, which is expected to remain a significant investor in the business. Financial advisers in the deal are Jefferies, RBC Capital Markets and BMO Capital Markets to Bain and William Blair & Co. to FDH and Audax.

– Carr's Hill Capital Partners Management LP acquired Opti-Com Manufacturing Network LLC and Sunbelt Innovative Plastics, together known as OMNI.

– Godspeed Capital Management LP invested in space infrastructure construction firm JP Donovan Construction Inc.

– Thoma Bravo LP is set to acquire data and document management software provider kneat.com inc. for $466.81 million.

– Arcline Investment Management LP is set to acquire piston aircraft engine designer and manufacturer Continental Aerospace Technologies. J.P. Morgan Securities LLC was financial adviser and Freshfields LLP was legal adviser to Arcline.

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