21 Jan, 2025

NexPhase sells Synergy to Levine Leichtman; Astorg to buy Fujifilm Irvine unit

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By S&P Global Market Intelligence


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

– NexPhase Capital LP sold US personal care services provider Synergy HomeCare Franchising LLC to Levine Leichtman Capital Partners LLC. Houlihan Lokey, Baird, McDermott Will & Emery and Lathrop GPM were Synergy's advisers. Honigman LLP and DLA Piper were Levine Leichtman's legal advisers.

– Astorg Asset Management SARL agreed to purchase the medical media business of US-headquartered biotechnology company Fujifilm Irvine Scientific Inc.

– Praesidian Capital exited its investment in US equipment maker MP Machinery and Testing LLC through a sale to SGS SA.

– Gainline Capital Partners LP acquired US stainless steel tubing manufacturer M&M International.

– JW Hill LLC sold US aerospace and defense company Bandy Manufacturing LLC to Novaria Group. D.A. Davidson & Co. was Bandy and JW Hill's financial adviser.

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.