Deal Wrap: Golden Gate, GIC to sell Vercara; IK Partners divests Carspect

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

– Golden Gate Capital and GIC Pte. Ltd. agreed to sell US-based Vercara LLC and its cloud-based security platform to digital security infrastructure developer DigiCert Inc. Sidley Austin LLP was DigiCert's legal adviser. Barclays served as Vercara's financial adviser, while Paul Weiss Rifkind Wharton & Garrison LLP was its legal adviser.

– IK Partners' IK Small Cap Fund II sold Swedish vehicle inspection provider Carspect Group Ab to German inspection and certification services provider Tüv Süd AG.

– New State Capital Partners LLC bought the rotating equipment segment of Jones Industrial Holdings Inc.'s Texas-based petrochemical equipment maintenance provider Universal Plant Services Inc. Morgan Lewis & Bockius was New State's legal adviser, and Piper Sandler was its financial adviser. Sidley Austin was Universal Plant's legal adviser, and Harris Williams was its financial adviser.

– Permira Advisers Ltd.'s US-headquartered risk management solutions developer Mimecast Services Ltd. acquired Nullable Inc. and its AI-powered security platform Aware from an investor group. Guggenheim Partners Advisory Co. was Nullable's financial adviser.

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.