H&F to acquire Hyve; JC Flowers buys Monte Paschi Banque

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

– Hellman & Friedman LLC agreed to acquire B2B events business Hyve Group Ltd. from Providence Equity Partners LLC and Searchlight Capital Partners LP. The acquisition is expected to be completed by the end of the calendar year. RAN Advisory is Hellman & Friedman's financial adviser. LionTree and J.P. Morgan Securities plc are advising Hyve, Providence and Searchlight.

– JC Flowers & Co. LLC acquired French lender Monte Paschi Banque SA.

– LLR Partners Inc. invested in home care software provider AxisCare. Houlihan Lokey was LLR Partners' financial adviser.

– JMI Management LP led a funding round for AI platform SewerAI Corp. Innovius Capital, EPIC Ventures and Bentley Systems Inc. also participated in the round. Shea & Co. LLC was SewerAI's financial adviser.

– Metric Capital Partners LLP is set to sell digital marketing platform Páginas Amarillas Soluciones Digitales S.A.U., doing business as BeeDigital, to GPF Capital.

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