Private investment major Blackstone is to acquire Flow Control Holdings, a US provider of engineered flow-control components used in data centre liquid cooling and other critical applications, from Audax Private Equity.

TPG is weighing a potential sale of Lyric, the healthcare software business formerly known as ClaimsXten, in a transaction that could value the company at around $5bn, according to a report by Reuters citing unnamedpeople familiar with the matter.

HOF Capital has completed its previously announced acquisition of Porsche’s interests in Bugatti Rimac and Rimac Group through a consortium of institutional investors from the US and Europe.

UK engineering group Goodwin has agreed to sell a substantial portion of its defence-related Mechanical Engineering division to US private equity firm Cerberus Capital Management for £1.1bn ($1.49bn), according to a report by Reuters.

CVC Capital Partners is exploring a potential sale of personal care platform Arthea, the owner of brands including Dr Teal’s, in a transaction that could value the business at around $2bn, according to a report Reuters citing unnamed people familiar with the matter.

TPG has acquired a stake in part of UnitedHealth Group’s Optum Health operations in Florida, partnering with the healthcare group as it seeks to accelerate growth across its WellMed clinic network, according to a report by Bloomberg.

Cerberus Capital Management has agreed to sell Tenet Equity, its real estate investment business, to commercial property services group CBRE in a deal valued at approximately $1.6bn.