Deal Wrap: CVC invests in Hempel; Grosvenor leads Emergy round

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

– Addition LP- and Shine Capital LLC-backed billing software developer Flashtract Inc. was acquired by Trimble Inc.

– CVC Capital Partners Ltd. invested in coatings business Hempel A/S.

– Grosvenor led a $100 million series C round for plant-based meat producer Emergy Inc.

– Team8 Labs Ltd. and TLV Partners LLC participated in a $15 million venture round for cash flow management platform Panax Ltd.

– GIC Pte. Ltd. and Meritech Capital Partners led a $105 million series C round for Peeply Pvt. Ltd., developer of the Atlan data and AI governance platform.

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.