Kohlberg buys majority stake in Resa Power; Montage exits Equity Methods

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

– Kohlberg & Co. LLC acquired a majority stake in US power systems provider Resa Power LLC from Investcorp Holdings BSC. Guggenheim Securities LLC and Robert W. Baird & Co. were Resa Power's financial advisers, and Gibson Dunn & Crutcher LLP was its legal adviser. Harris Williams and Stifel Nicolaus & Co. were Kohlberg's financial advisers, and Kirkland & Ellis LLP was its legal adviser.

– Montage Partners Inc. exited its investment in US-based compensation services provider Equity Methods LLC through a sale to HGGC LLC. Harris Williams was Equity Methods' financial adviser, and Osborn Maledon PA was its legal adviser. Kirkland & Ellis LLP was HGGC's legal adviser.

– Edison Partners Management LLC exited US fintech MoneyLion Inc. following its acquisition by Gen Digital Inc.

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