05 May, 2025

NexPhase acquires Behavior Frontiers; Arcapita buys majority stake in Trustpoint

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By S&P Global Market Intelligence


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

– NexPhase Capital LP acquired US autism treatment services provider Behavior Frontiers LLC.

– AIM Group Holding Ltd., doing business as Arcapita, acquired a majority stake in US legal services provider Trustpoint.One.

– Thoma Bravo LP invested over $100 million in US-based accounting software developer HubSync Co. Kaizen Equity Partners LLC was HubSync's financial adviser, and Taft Stettinius & Hollister LLP was its legal adviser. Goodwin Procter LLP was Thoma Bravo's legal adviser.

– 3G Capital Inc. agreed to acquire US shoemaker Skechers U.S.A. Inc. Greenhill was Skechers' financial adviser, and Latham & Watkins LLP was its legal adviser. J.P. Morgan Securities LLC was 3G Capital's financial adviser, and Paul Weiss Rifkind Wharton & Garrison LLP was its legal adviser. Kirkland & Ellis LLP was its financing legal counsel.

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.