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AMERICAS

Chimera Investment to acquire HomeXpress Mortgage from Seer Capital.

Chimera Investment, a real estate investment trust, agreed to acquire HomeXpress Mortgage, a mortgage lending company, from Seer Capital, a diversified, credit-focused investment firm, according to press releases. Financial terms were not disclosed.

HomeXpress is advised by Piper Sandler and Sheppard Mullin Richter & Hampton (led by David Sands). Chimera is advised by Wells Fargo Securities, Alston & Bird and Hunton Andrews Kurth (led by Michael Goldman and Austin Maloney). Seer Capital is advised by Mayer Brown, according to press releases.

Actis to acquire three P3 assets in Colombia from Sacyr for $1.6bn.

Actis, an investment company, agreed to acquire three P3 assets in Colombia from Sacyr, a multinational infrastructure and services company, for $1.6bn, according to press releases.

Actis is advised by Santander and Brigard Urrutia. Sacyr is advised by Goldman Sachs, according to MergerLinks data and press releases.

Securonix completes the acquisition of ThreatQuotient.

Securonix, a cybersecurity company, completed the acquisition of ThreatQuotient, a threat intelligence services provider, according to press releases. Financial terms were not disclosed.

ThreatQuotient was advised by BTIG and King & Spalding (led by Thomas Knox). Securonix was advised by Vinson & Elkins (led by Milam Newby), according to press releases.

Mitsubishi Estate to acquire a majority stake in Patron Capital.

Mitsubishi Estate, a real estate developer, agreed to acquire a majority stake in Patron Capital, an institutional investor, according to press releases. Financial terms were not disclosed.

Patron Capital is advised by SEC Newgate, according to press releases.

Stripe to acquire Privy.

Stripe, a financial services and software as a service company, agreed to acquire Privy, a crypto wallet provider, according to press releases. Financial terms were not disclosed.

Parthenon Capital-backed MRO completes the acquisition of Q-Centrix from TPG Growth.

Parthenon Capital-backed MRO, a clinical data exchange company in healthcare, completed the acquisition of Q-Centrix, an enterprise clinical data management platform, from TPG Growth, a middle market and growth equity platform, according to press releases. Financial terms were not disclosed.

Apollo and Irth Capital to buy Papa John's. (Reuters)

Apollo Global Management and Irth Capital Management have approached Papa John’s for a joint bid that could take the restaurant chain private, valuing the company at $1.7bn.

Papa John’s faced leadership turmoil in 2018–2019 after founder John Schnatter’s exit. Though activist investor Starboard helped stabilize the company, further changes may be easier if the company goes private.

Bojangles is exploring a sale while the fried-chicken market is hot. (WSJ)

Bojangles, the fast-food chain known for its fried chicken and biscuits, is poised to sell its business for $1.5bn.

Current owners Durational Capital Management and TJC are collaborating with investment bankers to explore a possible sale amid strong market interest in restaurant and chicken-focused businesses.

Chicago Bears weigh sale of McKenna’s minority stake. (Bloomberg)

The Chicago Bears are considering selling the minority ownership interest previously held by the late Andrew McKenna Sr.

While the exact size of McKenna’s stake is unclear, it was part of a 19.7% share he and insurance billionaire Pat Ryan acquired in 1990. Ryan still holds a portion of the team. The Halas family, descendants of founder George Halas, retains about 80% ownership of the franchise.

Chime announces pricing of IPO. (Press Release)

Chime Financial, a major consumer fintech company, and its investors are raising $864m, with shares priced above the initial range.

The company has priced its IPO at $27 per share, offering a total of 32m Class A shares. Of these, about 25.9m shares will be sold by Chime itself, while 6.1m will be sold by existing shareholders.

EMEA

Mercialys completes the acquisition of Saint-Genis 2 for €146m.

Mercialys, a French real estate company specialized in the holding, management and transformation of retail spaces, completed the acquisition of Saint-Genis 2, a shopping center located in western Lyon, for €146m ($167m), according to press releases.

Saint-Genis 2 was advised by BNP Paribas, Morgan Stanley and Michelez Notaires. Mercialys was advised by Screeb Notaires, Arsene Taxand and Haldis, according to MergerLinks data and press releases.

SAMEDAY to acquire Cargus from MidEuropa.

SAMEDAY, a parcel carrier company, agreed to acquire Cargus, a private courier company on the Romanian market, from MidEuropa, a private equity investor, according to press releases. Financial terms were not disclosed.

MidEuropa is advised by PricewaterhouseCoopers, Rothschild & Co, AT Kearney and RTPR, according to MergerLinks data and press releases.

Hercules to acquire the business and assets of Quality Transport Training.

Hercules, a technology-enabled labour supply company, agreed to acquire the business and assets of Quality Transport Training, a company supporting unemployed individuals into work through fully funded training programmes, according to press releases. Financial terms were not disclosed.

Hercules is advised by SP Angel Corporate Finance (led by Matthew Johnson), Cavendish Corporate Finance (led by Adrian Hadden) and SEC Newgate (led by Robin Tozer), according to MergerLinks data and press releases.

Long Harbour to acquire PRS REIT for $852m.

Long Harbour, a specialist real estate investment, development and management firm, offered to acquire PRS REIT, an investment trust, for $852m, according to press releases.

PRS REIT is advised by G10 Capital, Singer Capital Markets (led by James Moat and James Maxwell) and KTZ Communications (led by Katie Tzouliadis), according to press releases.

Crédit Agricole Santé & Territoires to acquire Petits-fils from Clariane for €345m.

Crédit Agricole Santé & Territoires, a subsidiary of the Crédit Agricole group, agreed to acquire Petits-fils, a network of personal service providers that specializes in elderly home assistance, from Clariane, a provider of hospital care & home-care services, for €345m ($395m), according to press releases.

Crédit Agricole Santé & Territoires is advised by Credit Agricole, according to MergerLinks data and press releases.

Allianz to acquire collective pension portfolio from Scildon.

Allianz, a global provider of insurance and financial services, agreed to acquire collective pension portfolio from Scildon, a Dutch insurer, according to press releases. Financial terms were not disclosed.

Scildon is advised by Baker McKenzie (led by Mohammed Almarini), according to MergerLinks data.

Dover Corporation completes the acquisition of Sikora for €550m.

Dover Corporation, an American conglomerate manufacturer of industrial products, completed the acquisition of Sikora, a provider of precision measurement, inspection, and control solutions for production processes, for €550m ($630m), according to press releases.

Dover was advised by Skadden Arps Slate Meagher & Flom (led by Brandon Van Dyke), according to MergerLinks data.

EQT Life Sciences and Sanofi Ventures led a $135m Series B round in SpliceBio.

EQT Life Sciences, an investment firm, and Sanofi Ventures, the corporate venture capital arm of Sanofi, led a $135m Series B round in SpliceBio, a Spanish biotech company, according to press releases.

Gordon Brothers completes the acquisition of Poundland from Pepco.

Gordon Brothers, a retail focused investment firm, completed the acquisition of Poundland, a variety store chain, from Pepco, a discount store chain, according to press releases. Financial terms were not disclosed.

Reckitt in talks about Essential Home sale. (Reuters)

Reckitt is in exclusive talks with Advent International to sell its Essential Home unit, which makes products like Air Wick and Cillit Bang.

The potential sale supports CEO Kris Licht’s strategy to revamp the company and ease investor concerns, especially amid weak brand performance in North America and Europe.

Brainlab to accelerate digital transformation in healthcare through IPO in Frankfurt. (Press Release)

Brainlab, a medical technology firm based in Munich, has announced plans to launch an initial public offering on the Frankfurt Stock Exchange in the coming weeks.

The IPO will include a capital raise of up to €200m ($231m) to support growth initiatives, boost its balance sheet, and expand sales operations.

APAC

Carlyle to acquire TRYT for $244m.

Carlyle, an American multinational private equity, alternative asset management, and financial services corporation, agreed to acquire TRYT, a job placement and temporary staffing services provider, for $244m, according to press releases.

TRYT is advised by Mitsubishi UFJ Morgan Stanley Securities. Carlyle is advised by Mori Hamada & Matsumoto, according to press releases and Mergerlinks data.

Havells India to invest $72m in Goldi Solar.

Havells India, a multinational electrical equipment company, agreed to invest $72m in Goldi Solar, a manufacturer and exporter of quality solar PV modules and EPC service provider, according to press releases.

Havells India is advised by J. Sagar Associates (led by Siddharth Mody), according to MergerLinks data .

Tencent said to study deal for $15bn game developer Nexon. (Bloomberg)

Tencent is exploring a possible acquisition of Nexon, a South Korean video game developer and publisher, to strengthen its profitable gaming business.

The Chinese tech firm, based in Shenzhen, has approached the family of Nexon’s late founder, Kim Jung-ju, to discuss a deal. Kim’s family is currently consulting with advisers and considering their options.

Reliance Industries sells $900m stake in Asian Paints. (Mint)

Reliance Industries has pared its holding in Asian Paints by offloading 35m shares, marking a significant exit from one of India’s leading blue-chip companies. The sale fetched $25.7 per share—translating into a total deal size of $900m.

The transaction, carried out via block deals in the pre-market session on June 12, saw approximately 3.64% of Asian Paints’ equity change hands.

Sumitomo Realty seeks office sale after Elliott takes stake. (Bloomberg)

Sumitomo Realty & Development, under pressure from Elliott Investment Management to increase its value, is looking to sell a portfolio of Tokyo office properties for at least JPY100bn ($700m).

The developer has identified 19 mid-sized office buildings for potential sale and has asked real estate firms to assess their value, possibly selling them individually. It’s also considering selling eight rental apartment buildings in Tokyo.

JSW Cement is said to eye Mumbai IPO as roadshow begins. (Bloomberg)

JSW Cement has begun a roadshow for a potential IPO in Mumbai that could happen as early as next month, aiming to raise up to INR40bn ($468m).

The move is part of JSW Group’s broader strategy to unlock value across its businesses. The group, active in steel, energy, EVs, and infrastructure, previously listed JSW Infrastructure in 2023.

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