7 Aug, 2024

Deal Wrap: MCH fund invests €40M into Making Science; Sentinel exits TranSystems

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

– MCH-managed Spain Oman Private Equity Fund agreed to invest €40 million into Spanish digital marketing and advertising company Making Science Group SA.

– Sentinel Capital Partners LLC exited US-based engineering and design firm TranSystems Corp. via its merger with OceanSound Partners LP portfolio company Gannett Fleming Inc. Houlihan Lokey, AEC Advisors and Macquarie Capital were TranSystems' financial advisers.

– Adenia Partners Ltd. sold its stake in African payments and services provider OMOA Group to SPE Capital Partners. Lazard and Deloitte were Adenia's financial advisers while Asafo & Co. and CMS Francis Lefebvre were its legal advisers. KPMG was SPE Capital's financial adviser, while DLA Piper was its legal adviser.

– New Water Capital LP sold Canadian pharmaceutical products manufacturer Trillium Health Care Products Inc. to Avista Healthcare Partners LP. Piper Sandler & Co. was Trillium's financial adviser and Stikeman Elliott was its legal adviser.

– Pollen Street Capital Ltd. acquired Swiss wealth and asset management solutions provider Etops Group AG.

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.