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23 May, 2025
By S&P Global Market Intelligence
Deal Wrap is updated as of 3 p.m. ET.
– KSL Advisors LLC acquired a majority stake in Maldives-based luxury hospitality company Soneva Fushi.
– Flerie AB (publ) made a mandatory offer to acquire all of the remaining outstanding shares in Swedish biotechnology company Nanologica AB (publ).
– TCP Management LLC sold US-based investment data software provider Delta Data Software, Inc. to BetaNXT Inc.
– LDA Capital Ltd. participated in a $155 million funding round for Malaysian e-commerce platform developer Ashita Group. European Credit Investment Bank Ltd. and CapForce International Holdings Ltd. were Ashita's financial advisers.
– AlleyCorp. led a $15 million series A round for US-based healthcare-focused AI developer Rhino HealthTech Inc.
Disclaimer: This content may be AI-assisted and is composed, reviewed, edited, and approved by a human at S&P Global.
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.