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

– Morgan Stanley Private Equity agreed to acquire US medical equipment provider Prescott's Inc. from Atlantic Street Capital Management LLC. Dechert was Morgan Stanley's legal adviser and Cascadia Capital was its financial adviser. Kramer Levin was Prescott's and Atlantic Street Capital's legal adviser, and Harris Williams and Houlihan Lokey were their financial advisers.

– CIC Partners LP sold US food seasoning company McClancy Foods and Flavors LLC to NovaTaste Austria GmbH.

– Crossplane Capital Management LP acquired US cables and wires distributor Consumer Crusaders Inc., which does business as Distributor Wire and Cable.

– Elmsley Capital acquired US metal fabricator Byrne Chiarlone LP. BMI Mergers & Acquisitions was Byrne'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.