TPG sells Made; Brightstar acquires Erdman

– TPG Capital LP agreed to sell beverage and dairy company Made (Aust) Pty. Ltd. to Danone SA for an estimated AUD 2 billion. Corrs Chambers Westgarth and Latham & Watkins LLP acted as legal advisers to Danone SA.

– Brightstar Capital Partners LP acquired healthcare- and senior living-focused architecture and engineering company ERDMAN Co.

– K3 Diversity Ventures-, Offline Ventures LLC- and Audacious Ventures LP-backed Bestever Inc, a data and technology platform for marketing and advertising, was sold to Samba TV Inc..

Disclaimer: This content may be AI-assisted and is composed, reviewed, edited, and approved by a human at S&P Global.

For more private equity deals, read our latest In Play report, which looks at potential private equity-backed M&A, including rumored transactions, each week.