Daily Deal Sheet | Weekend Edition Aug 15 - Aug 17, 2025

Captured from posts published Friday–Sunday ending 17 Aug 2025 (GMT).

Why it matters

Two $2.1bn prints (CRH/Eco Material Technologies; WiseTech/E2open) led a busy tape, with Thoma Bravo’s $2.0bn public-to-private of Olo underscoring software’s bid. Energy transition kept momentum (Opdenergy’s €530m renewables portfolio; Array/APA Solar Racking), while healthcare and transport saw high-signal moves (THL/Headlands; L Catterton’s $800m Flexjet minority).

📝 Headline Transactions & Key Players

  • CRH → Eco Material Technologies — $2,100,000,000 majority buyout (Construction)
    • Sell-side IB: Jefferies

  • WiseTech Global → E2open Parent Holdings — $2,100,000,000 majority buyout (SaaS)

  • Thoma Bravo → Olo — $2,000,000,000 public-to-private (SaaS/Restaurants tech)

  • Unite Group → Empiric — £723,000,000 offer (Student housing)
    • Buy-side Legal: Herbert Smith Freehills Kramer LLP — Alex Kay

  • L Catterton → Flexjet — $800,000,000 minority investment (Air services)
    • Sell-side IB: Jefferies

  • Ampol → Australian business of EG Group — AUD 1,100,000,000 majority buyout (Retail/fuels)

  • Opdenergy → Portfolio of wind & PV projects — €530,000,000 majority buyout (Renewable Energy; financing by Société Générale CIB, BNP Paribas CIB)
    • Buy-side Legal: Baker McKenzie

  • Array Technologies → APA Solar Racking — $179,000,000 majority buyout (Renewable Energy)
    • Sell-side IB: Donnelly Penman & Partners; Sell-side Legal: Eastman & Smith Ltd., Rupp Hagans & Bohmer • Buy-side IB: Jefferies; Buy-side Legal: Kirkland & Ellis

  • Bain Capital → HSO — n/d majority buyout (IT Consulting)
    • Buy-side Legal: Weil, Gotshal & Manges LLP — Marco Compagnoni; De Brauw Blackstone Westbroek — Lennard Keijzer + team

  • Gridiron Capital → ABC Legal Services — n/d partnership (Legal & Compliance services)
    • Sell-side IB: Harris Williams — John Neuner, Derek Lewis, Bob Baltimore

  • THL Partners → Headlands Research — n/d majority buyout (Healthcare services)
    • Sell-side IB: Houlihan Lokey; Sell-side Legal: Kirkland & Ellis — Kevin Crews

  • Associated British Foods (ABF) → Hovis — £75,000,000 majority buyout (Food & Beverage; seller: Endless LLP)

🆕 Adviser Intel (new details)

  • HanesBrands → Gildan Activewear — added Sell-side Legal: Jones Day — Joel May, Darcy White.

  • Headlands Research → THL Partners — added Sell-side IB: Houlihan Lokey (firm).

  • Hovis → ABF — added buyer lead: George Weston.

👤 People on the Move (Fri–Sun)

  • Magnus Pärson — Director M&A | Carlsberg Group (New Role)

  • April Larkin — Managing Director | Goldman Sachs Petershill Partners (ex-Kirkland & Ellis Partner) (New Role)

  • Joseph Palombini — Managing Director, Leveraged Finance | Santander CIB (New Role)

  • Henrik Yttervik — Investment Banking | Pareto Securities (New Role)

  • Jenny Curtin — Partner | EY-Parthenon (Promotion)

  • Reid Marsh — Departing in Sept | Barclays (Global Chairman, Investment Banking) (Departure)

  • Esme Wilson — Vice President | Pollen Street Capital (New Role)

  • Anniken Skeisvoll Grimsmo — Investment Professional | Ferd AS (New Role)

  • Szymon Czuraj — Senior Analyst | Tar Heel Capital (New Role)

  • Kryštof J. — Joining Five Arrows North America | New York (Relocation)

  • Usman B Malik — Partner, M&A | Grant Thornton UK LLP — Sell-side banker on CLP Group FS LTD → Sureserve (Deal Involvement)

  • Alex Kay — Partner | Herbert Smith Freehills Kramer LLP — Advised Empiric → Unite Group (Deal Involvement)

  • Marco Compagnoni — Partner | Weil, Gotshal & Manges LLP — Advised HSO → Bain Capital (Deal Involvement)

  • Farid Foroughi — MD | Morgan Stanley — Buy-side advisor on HanesBrands → Gildan Activewear (Deal Involvement)

  • Derek Lewis; Bob Baltimore; John Neuner — Harris Williams — Advised ABC Legal Services → Gridiron Capital (Deal Involvement)

  • Kevin Crews — Partner | Kirkland & Ellis — Sell-side counsel on Headlands Research → THL Partners (Deal Involvement)

🔍 Sector Snapshots

Energy & Infrastructure

  • CRH → Eco Material Technologies — $2,100,000,000 majority buyout • Sell-side IB: Jefferies

  • Opdenergy → Wind & PV portfolio — €530,000,000 majority buyout • Buy-side Legal: Baker McKenzie

  • Array Technologies → APA Solar Racking — $179,000,000 majority buyout • Sell-side IB: Donnelly Penman; Buy-side IB: Jefferies

  • Copenhagen Infrastructure Partners → Beehive BESS — n/d majority buyout (Energy storage)

  • Sixth Street → Sorgenia (38%) — n/d minority investment

TMT & Software

  • WiseTech Global → E2open — $2,100,000,000 majority buyout

  • Thoma Bravo → Olo — $2,000,000,000 public-to-private

  • Workday → FlowiseAI — n/d majority buyout

  • Odaseva — €50,500,000 Series C (Cybersecurity)

  • plancraft — €38,000,000 Series B (SaaS); Sola — $17,500,000 Series A; Archestra — $3,300,000 Seed (Cybersecurity)

Industrials & Business Services

  • Sureserve → CLP Group FS LTD — n/d majority buyout • Sell-side IB: Grant Thornton UK — Usman B Malik

  • Construx → CBE Group — n/d majority buyout • Buy-side IB: EY

  • Inteplast Group → con-pearl GmbH; Inteplast Group → Perga — n/d divestiture/majority buyout • Sell-side IB: Lincoln International (Perga)

  • Perwyn → OUTCO — n/d majority buyout (Facilities Management)

Consumer & Healthcare

  • ABF → Hovis — £75,000,000 majority buyout (seller: Endless LLP)

  • Inspired Pet Nutrition (CapVest-backed) → Ultra Premium Direct — n/d majority buyout

  • Navis Food Partners → City Line Distributors; → Prime Source Foods — n/d majority buyouts (US food distribution)

  • THL Partners → Headlands Research — n/d majority buyout • Sell-side Legal: Kirkland & Ellis — Kevin Crews

Financial Services

  • Affinity Partners → OakNorth (8% stake) — n/d minority investment

  • Corpay, Inc. → Alpha Group — n/d majority buyout

  • Cohen Circle Acquisition Corp I → Kyivstar Group — SPAC (Telecom)

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Daily Deal Sheet | Aug 15, 2025