9 Oct, 2024

Deal Wrap: Greenbriar Equity sells STS Aviation to H.I.G.; Allied exits Dovetail

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

– Greenbriar Equity Group LP sold US aircraft maintenance and repair provider STS Aviation Group Inc. to H.I.G. Capital LLC. Jefferies LLC and BMO Capital Markets were STS Aviation's financial advisers.

– Allied Industrial Partners LLC exited US water infrastructure operator Dovetail Infrastructure Services.

– NewSpring Capital LLC acquired US radar systems and engineering company C Speed LLC.

– Romulus Capital Management LLC and Entrepreneur First Operations Ltd. sold UK-based genomics data compression company PetaGene Ltd. to Storj Labs Inc.

– WindRose Health Investors LLC and Echo Health Ventures LLC sold US-based clinical insights and patient data company Curation Health LLC to Health Data Vision Inc., which does business as Reveeler.

– Unigrains acquired a stake in Spanish sandwich company Ñaming SL from Dea Capital Alternative Funds SGR SpA.

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.