Deal Wrap is updated as of 3 p.m. ET.
– Petershill Partners PLC sold the majority of its stake in venture capital investment firm General Catalyst Group Management LLC for $726 million.
– Vector Capital Management LP, Howard Hanna Real Estate Services Inc. and Windermere Real Estate Services Co. invested in real estate sales and marketing software provider MoxiWorks LLC.
– An investor group including TPG Growth LLC and Goldman Sachs Pvt. Capital Investing agreed to sell enterprise storage solutions provider Infinidat Ltd. to Lenovo Group Ltd. Morgan Stanley Asia Ltd. is serving as financial adviser, and Skadden Arps Slate Meagher & Flom LLP and H-F & Co. are acting as legal counsel to Lenovo. Evercore is serving as lead financial adviser with Lincoln International LLC providing an independent fairness opinion to the Infinidat board. Infinidat's legal counsel was led by Kirkland & Ellis LLP and Arnon Tadmor-Levy.
– Lightspeed Ventures LLC, Khosla Ventures LLC and Webb Investment Network agreed to sell AI native conversation data analysis platform Cuein Inc. to ServiceNow Inc.
– Del Monte Capital invested in Cornerstone companies Cornerstone Excavating and Cornerstone On-Site Concrete. Troutman Pepper Locke acted as legal counsel to Del Monte Capital 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.