Aquiline, a private investment firm specialising in financial services and technology, is to acquire SEI’s Family Office Services business for $120m. Following the transaction’s close, which is expected to take place on 30 June, the business will operate as Archway.

German advertising group Stroeer’s attempt to sell its multi-billion-euro outdoor advertising business has hit a roadblock as two private equity bidders KKR and Hellman & Friedman walked away from negotiations due to valuation disagreements, according to a report by Reuters.

KKR & Co, Fountainvest Partners, and PAG are among the buyout firms interested in acquiring a stake in Starbucks’ China business, as the US coffee giant explores options to revive sluggish sales, according to a report by Reuters.

Private equity firm Roark Capital has signed a deal to acquire Dave’s Hot Chicken for approximately $1bn, strengthening its already significant presence in the restaurant industry through Arby’s, Culver’s, and Subway, according to a report by Reuters.

Private equity giant Blackstone is preparing to list shares of Spanish gambling company Cirsa in mid-April, with an initial public offering (IPO) expected before the Easter holiday, according to a report from Expansion citing unnamed market sources.

Private equity giant KKR & Co is set to acquire a majority stake in India’s Healthcare Global Enterprises from CVC Capital Partners, in a $400m deal that will make KKR the largest shareholder and sole operator of the Indian cancer-care chain.