Deal Wrap: Firmament sells Pinnacle stake to Blue Point; Gimv divests beer maker

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

– The Firmament Group LLC sold its stake in US mechanical services provider Pinnacle MEP Holdings LLC to Blue Point Capital Partners LLC.

– Gimv NV sold beer maker United Dutch Breweries BV to The Martens Brewery of Bocholt, which does business as Brouwerij Martens.

– Providence Equity Partners LLC sold roughly 50% of Spanish school operator Globeducate to Wendel for €625 million.

– Verlinvest SA acquired a majority stake in UK indoor climbing facilities operator The Climbing Hangar.

– Nordic Semiconductor ASA signed a letter of intent to acquire Norwegian wireless technology company Novelda AS from Alliance Venture and Investinor AS.

– Paragon Partners GmbH agreed to sell 37.5% of German pharmaceutical company Apontis Pharma AG to Zentiva Pharma GmbH.

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.