Deal Wrap is updated as of 3 p.m. ET.
– AnaCap Financial Partners Ltd. agreed to buy a majority stake in Dutch accountancy services provider DK Accountants & Adviseurs Nieuwegein BV. KPMG was AnaCap's financial adviser, and Linklaters was its legal adviser.
– H.I.G. Capital LLC plans to acquire UK-based marketing analytics company Kantar Media Audiences Ltd. from Bain Capital LP portfolio company The Kantar Group Ltd. for about $1 billion in a transaction expected to close later in 2025. J.P. Morgan and Jefferies were Kantar Group's financial advisers. Morgan Stanley & Co. International and ING were H.I.G. Capital's financial advisers.
– Hitachi Ltd. closed its purchase of Joliet Electric Motors LLC, an Illinois-based large motor sales and maintenance service business, from funds managed by Argosy Capital Group Inc. and Ironwood Capital.
– Centerbridge Partners LP and Gallatin Point Capital LLC completed the sale of their 31% stake in Phoenix Financial Ltd., an Israeli asset management, insurance and financial group. Global funds and Israeli institutions acquired the shares, nearly 10% of which were bought by A Fin Management LLC, doing business as Affinity Partners.
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.