Madison Dearborn backs Stephano Slack; Kainos Capital acquires Super-Sod

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

– Madison Dearborn Partners LLC and Norlantic Capital LLC invested in accounting and advisory firm Stephano Slack LLC. Koltin Consulting Group was financial adviser to MDP and Paul Weiss Rifkind Wharton & Garrison LLP, Kirkland & Ellis LLP and Vedder Price P.C. were legal advisers. Leelanau Management was financial adviser to Stephano Slack and Pierson Ferdinand was legal adviser. Freshfields LLP was legal adviser to Norlantic Capital.

– Kainos Capital LP acquired turfgrass producer Patten Seed Co. LLC, which operates as Super-Sod, from Heartwood Partners, with Partners Capital Investment Group LLP joining as co-investor. Baird was financial adviser and Weil Gotshal & Manges LLP was legal adviser to Kainos Capital. Harris Williams was financial adviser and Finn Dixon & Herling LLP was legal adviser to Super-Sod and Heartwood Partners.

– BlueFive Capital acquired a 49% stake in UAE-based fleet leasing company LeasePlan Emirates LLC from Ayvens. Solutions Plus will continue to hold the remaining 51% stake in LeasePlan Emirates.

– Dragoneer Investment Group, LLC is set to acquire the retail brokerage business of insurer Steadfast Group Ltd.

– HCAP Partners, LLC-backed Medicaid eligibility and enrollment services provider CanAide, Inc. is set to be acquired by Med-Metrix LLC.

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