28 Nov, 2024

Valante buys major stake in American Foods; General Atlantic invests in Eyewa

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

– Valante Capital acquired a significant stake in US-based packaged goods distributor American Foods Group LLC.

– General Atlantic Service Co. LP led a $100 million series C round for Saudi Arabia- and United Arab Emirates-headquartered glasses retailer Eyewa Fz LLC.

– ITM Communications Ltd., a subsidiary of Aliter Capital LLP, acquired UK-based cybersecurity company Serbus Ltd.

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.