Clearlake Capital has sold Sage to Asahi Kasei

Lincoln International advised School of Arts, a portfolio company of Seven2 and Finoli, on its acquisition of WaterBear Education, a specialist higher education provider for contemporary music.

Lincoln International advised Thayer Infrastructure Services and its majority owner Calera Capital on a comprehensive refinancing of Thayer's capital structure, provided by Kohlberg & Company.

Lincoln International acted as exclusive debt advisor to Emotion Mobility, a portfolio company of PSG Equity, on the refinancing of its equity bridge and the establishment of new working capital facilities.

Lincoln International advised VirTex Enterprises, a provider of high-reliability electronic manufacturing services for mission-critical and regulated markets, on its sale to NEOTech, a portfolio company of Arkview Capital.

Lincoln International advised Vance Street Capital and Keltec Technolab on the acquisition of AJR Filtration, a family-owned manufacturer of process liquid and dust collection filtration products.

Lincoln International advised the founding shareholders of FOGTEC Brandschutz GmbH and M Cap Finance Mittelstandsfonds on the sale of a majority stake in FOGTEC, a leading provider of fire protection systems based on high-pressure water mist technology, to Deutsche Private Equity (DPE).

Lincoln International advised Paragon Partners on its investment in Babtec, a leading provider of integrated quality management software in the DACH region.

Lincoln International acted as exclusive debt advisor to IceLake and Studibo on the refinancing of the group’s existing debt facilities and the establishment of a scalable financing platform to support the company’s continued buy-and-build strategy across Europe.