19 Sep, 2024

Deal Wrap: Sylvan Capital to buy Singular 3DP; New Heritage invests in Brilliant

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

– Sylvan Capital agreed to acquire Australian 3D printing business Singular 3DP Pty. Ltd. from medical technology company Singular Health Group Ltd.

– New Heritage Capital LLC made a majority investment in San Francisco-based corporate gift platform developer Brilliant Gifts LLC.

– Centre Lane Partners LLC affiliates acquired substantially all of Hardinge Inc.'s global machine businesses and workholding businesses.

– General Catalyst Group Management LLC and Bloomberg Beta LP co-led a $130 million series C funding round for San Francisco-headquartered fintech CElegans Labs Inc., which does business as AtoB.

– Platinum Equity LLC agreed to buy a majority stake in Italian condiments producer Fratelli Polli SpA. The Polli family will continue to own a minority stake in the business alongside CEO Marco Fraccaroli. Deloitte and Clearwater are Platinum Equity's financial advisers, Latham & Watkins LLP was its legal adviser, and E&Y is tax adviser on the transaction.

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.