Color Wow, the high-growth haircare brand founded by industry veteran Gail Federici, is exploring a potential sale that could value the company at approximately $1bn, according to a Reuters report citing sources familiar with the matter.

As the popularity of South Korean cosmetics continues to soar in the US, the world’s largest beauty market, personal care startups in the East Asian nation are experiencing a surge in dealmaking activity, according to a report by Bloomberg.

New York-based private investment firm SK Capital Partners has made a strategic investment in Spectrum Vascular, a provider of vascular access and medication management products designed to reduce health care-acquired infections.

CBPE Capital has acquired a majority stake in Tetra Consulting, a provider of property risk management services and software, in partnership with Tetra’s management team. The financial terms of the transaction have not been disclosed.

Bain-backed UK home and motor insurer Esure Group anticipates further growth following a £200m ($258m) transformation initiative, according to a report by Bloomberg citing Chief Executive Officer David McMillan.

AS Healthcare Advanced Synthesis, backed by 65 Equity Partners, has acquired a stake in Cerbios-Pharma, a global manufacturer of chemical and biological active pharmaceutical ingredients, including those for antibody-drug conjugates.

US restaurant chain Hooters, which is owned by private equity firms Nord Bay Capital and TriArtisan Capital Advisors, has filed for bankruptcy protection ahead of a proposed founder-backed buyout of the business, according to a report by Reuters.

Several private equity firms, along with at least one aerospace supplier, remain in the running to acquire Boeing’s Jeppesen navigation unit in a deal expected to exceed $8bn, according to a report by Reuters citing sources familiar with the matter.

Blackstone is exploring a potential minority investment in TikTok’s US business as part of an effort led by existing non-Chinese shareholders of parent company ByteDance to restructure the social media platform, according to a report by Reuters citing sources familiar with the matter.