Daily Deal Sheet | Aug 20, 2025
Captured from posts published in the 24-hour window ending 19 Aug 2025 (GMT).
Why it matters
A blockbuster day for media and asset management: Nexstar’s $6.2B move on TEGNA and Mubadala’s C$12.1B take-private of CI Financial led the tape, while a $2.7B Soho House take-private and Amphenol’s $1B Trexon buy underscored momentum in consumer leisure and aerospace/defense.
Public-to-private remains the strategy du jour (Soho House, SYNLAB, CI Financial), with deep benches across Kirkland, Gibson Dunn, Wachtell and Canaccord anchoring mandates. Industrials, SaaS, and healthcare diagnostics also saw active platform and carve-out activity.
📝 Deal & Investment Highlights
Nexstar Media Group → TEGNA — $6,200,000,000 majority buyout (Broadcasting)
• Sell-side IB: Allen & Company LLC; Sell-side Legal: Covington & Burling LLP; Wachtell, Lipton, Rosen & Katz — Igor Kirman
• Buy-side IB: Bank of America; Goldman Sachs; J.P. Morgan; Buy-side Legal: Kirkland & Ellis; Morrison Foerster; Wiley Rein LLPMubadala Capital → CI Financial Corp. — C$12,100,000,000 public-to-private (Asset Management)
• Buy-side Legal: Gibson Dunn — Michael Saliba, James SullivanMCR Investors (consortium) → Soho House & Co Inc. — $2,700,000,000 public-to-private (Hospitality & leisure properties)
• Buy-side IB: Canaccord Genuity – Global Capital Markets — Sanjay Chadda, Andrew Cohen, William Stewart; Investor team: Tyler MorseAmphenol → Trexon — $1,000,000,000 majority buyout (Aerospace & Defense)
• Sponsor (seller): Audax Private EquityGenstar Capital → First Eagle Investments — n/d majority buyout (Asset Management)
• Sell-side IB: Bank of America; Jefferies; Morgan Stanley; UBS — John Esposito
• Sell-side Legal: Davis Polk & Wardwell LLP; Simpson Thacher & Bartlett LLP — Evan Rosen, Elizabeth Cooper, William Allen
• Buy-side Legal: Willkie Farr & Gallagher LLP — Manuel Miranda, Jeffrey PossPrimary Health Properties PLC → Assura — £1,600,000,000 merger (UK healthcare real estate)
• Buy-side IB: Peel Hunt — Capel Irwin, Michael Nicholson, Chloe Ponsonby + teamCinven → SYNLAB — n/d public-to-private (Diagnostics)
• Buy-side Legal: Kirkland & Ellis — Achim HerfsBlue Yonder → Optoro — n/d majority buyout (SaaS / reverse logistics)
• Sell-side IB: Piper Sandler — Tom Yorke, Prashanth Cherukuri, Steven Schmidt; Sell-side Legal: Cooley LLP — Brooke Nussbaum
🆕 Adviser Intel on Previously-Flagged Deals
SKF’s Precision Elastomeric Device operation (Elgin) → Carco PRP Group — added: deal value $70,000,000 (location Elgin, USA).
Yashili NZ Dairy Company Limited → The a2 Milk Company — added: A$256,800,000, target city Pokeno; Sell-side Legal: HFW — Bryn Davis, Bi Chen, Kayla Giudicatti + team.
👤 Notable People Moves
Gregg Lemkau — Co-CEO | BDT & MSD Partners (sell-side banker on Boston Celtics → Bill Chisholm)
Achim Herfs — Partner | Kirkland & Ellis (buy-side legal on SYNLAB → Cinven)
Sanjay Chadda — Banker | Canaccord Genuity – Global Capital Markets (buy-side IB on Soho House & Co Inc. → MCR Investors)
Harriet Miller — Partner | Macfarlanes (legal on Federated Hermes Property Unit Trust → L&G Managed Property Fund)
Paul Jefferson — Lawyer | Gateley Legal (sell-side legal lead on Inspired PLC → HGGC)
Adam Leamon — Private Equity Partner | Ropes & Gray LLP (buy-side legal on Pramana Inc. → Evident Microscopy)
Jack Fay — Director | Houlihan Lokey (buy-side IB on Common Thread Collective → The Acacia Group)
Alexander Frønsdal — Director | Nordanö (sole financial adviser on Bonera Eiendom portfolio refinancing)
Jennifer Askin — SVP, North America | All3Media International (new role)
Jens Düing — Head of Portfolio | Gresham House Ventures (ex-Frog Capital)
Jacques Callaghan — UK Investment Banking | Citi (new hire)
Tom Yorke — Banker | Piper Sandler (sell-side IB on Optoro → Blue Yonder)
🔍 Sector Snapshots
Media & Leisure
Nexstar → TEGNA — $6.2B (Sell-side IB: Allen & Company)
MCR Investors → Soho House & Co Inc. — $2.7B (Buy-side IB: Canaccord — Sanjay Chadda, Andrew Cohen, William Stewart)
Looping Group → Waterworld Leisure Group — n/d (Sell-side IB: KPMG Corporate Finance; Sell-side Legal: KPMG Law — David Fitzmaurice + team)
Sirius Real Estate → Bedford Heights — £15,000,000+ (Buy-side Legal: Birketts LLP)
Financial Services & Asset Management
Mubadala Capital → CI Financial — C$12.1B (Buy-side Legal: Gibson Dunn — Michael Saliba, James Sullivan)
Genstar → First Eagle Investments — n/d (Sell-side IB: BofA; Jefferies; Morgan Stanley; UBS — John Esposito)
TPG NEXT → Vanara Capital — n/d (minority)
WA Capital → GPs of Goanna Capital Management funds — n/d (Buy-side Legal: Haynes and Boone, LLP — Karma Samdup, Mina-Marie Doherty)
Concurrent Asset Management → CAIM LLC — n/d (minority)
TMT & Software
Blue Yonder → Optoro — n/d (Sell-side IB: Piper Sandler — Tom Yorke + team)
Digi International → Jolt Software — $145,500,000 (Sell-side IB: Baird)
BSG Business Software Group → Copermática — n/d (Buy-side adviser: Baker Tilly Tech M&A — Diego Gutierrez)
ZI Zenith (Advent) → u-blox — CHF 1,050,000,000 public-to-private
Conscia (Nordic Capital) → Open Line — n/d (Sell-side IB: Raymond James — Jeff Fordham)
Healthcare & Life Sciences
HGGC → Inspired PLC — £183,600,000 public-to-private (Sell-side Legal: Gateley Legal — Paul Jefferson, Paul Cliff, Sam Meiklejohn)
IMPACT Partners → Carelink Gruppen — n/d (Sell-side Legal: Accura — Jakob Østervang, Matias Nordmann, Phillip Ballieu Martens)
Bestport Private Equity → Sano Physiotherapy — n/d (Sell-side IB: Eclipse Corporate Finance; Buy-side Legal: Ward Hadaway — Adrian Ballam, Kate McLean, Cordelia Stephens)
Evident Microscopy → Pramana Inc. — n/d (Buy-side Legal: Ropes & Gray — Adam Leamon, Jennifer Rikoski Whitney)
Investment Fund for Northern Ireland → Neurovalens — £6,000,000 (minority)
Industrials, Energy & Infrastructure
Amphenol → Trexon — $1,000,000,000 (A&D)
Sani-Matic (HRCP) → Douglas Machines — n/d (Sell-side IB: Stout — T. Elliot Grove, Steven Simone)
Mitsubishi Corporation → Copper World (30% stake) — $600,000,000 (Legal: Sullivan & Cromwell LLP — Sergio J. Galvis, Benjamin Kent)
EZA HILL → Singapore logistics portfolio — $238,000,000 (Sell-side IB: CBRE — Loh Lee Fen)
Grupo Painhas SA → Energycon — n/d (Renewable energy)
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