Deals in brief

Uncommon Equity snaps up casual restaurant chain HopCat

Currently, HopCat has 12 restaurants in Michigan, plus one restaurant in Lincoln, Nebraska.

Connected Capital snaps up majority stake in SPIT

SPIT is a provider of services for static and rotating electrical machines.

Coats Group completes $770m deal to buy Trilantic-backed Ortholite

The acquisition strengthens Coats Group’s footwear business.

Cerberus buys Swedish fintech company Brocc Finance

Brocc is a technology-driven Swedish banking group.

Incline Equity invests in software provider Advanced Solutions International

The software serves associations, trade unions and nonprofit customers.

TSG Consumer to sell Joe Hudson's Collision Center to Boyd Group Services for $1.3bn

The deal is expected to close in the fourth quarter of 2025.

BC and Pollen Street take Shawbrook public in £1.9bn London IPO

Shawbrook is a specialist bank, providing finance to customers across the SME, real estate and consumer sectors. It is based in Essex.

Graham Partners-backed Woodland Gourmet scoops up International Spices

Headquartered in Waukegan, Illinois, Woodland is a provider of specialty culinary ingredients and solutions.

AE Industrial Partners taps Chris Aguemon and Bill Strobel as VPs

Both will be based in the firm’s Washington, DC office.

Bain Capital invests in alternative investments platform Innocap

Innocap’s other backers include La Caisse, BNY, Walter Global Asset Management, BNP Paribas, and ADIA.