Turnspire sells USG Water Solutions; Brand Velocity buys RCX

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

– Turnspire Capital Partners LLC sold water utility services provider USG Water Solutions LLC to Warren Equity Partners LLC. Harris Williams and Macquarie Capital were Turnspire's financial advisers, while Winston Taylor and Chapman and Cutler LLP were legal advisers.

– BVP Management Co. LLC doing business as Brand Velocity Group, acquired youth sports platform RCX Sports LLC from Raine Ventures LLC. Orrick Herrington & Sutcliffe and The Raine Group LLC were legal and financial advisers, respectively, to RCX Sports. Sidley Austin LLP was legal adviser to Brand Velocity Group.

– Backcast Partners Management LLC made a follow-on investment in fleet manager Guardian Fleet Services Inc.

– Grenspecialisten AB and Mission Trail Capital Management LLC are set to acquire a 70.69% stake in software provider Formpipe Software AB (publ) from Alcur Fonder AB, Per Josefsson Holding AB and Julnie SA. ABG Sundal Collier AB was financial adviser and Cirio Advokatbyrå AB was legal adviser to Formpipe.

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