Middle-market private equity firm Gemspring Capital Management, through an affiliate, has acquired Appriss Retail, a provider of AI-driven analytics and loss prevention software for retailers.

Audax Private Equity and Lovell Minnick Partners have completed a joint investment in Fortis, a payments technology provider for software vendors, ERP customers, and growing businesses. The terms of the deal have not been disclosed.

South Korea is cementing its status as a key destination for global private equity, drawing major firms such as Apollo Global Management and Intermediate Capital Group, with both having recently established offices in Seoul, according to a report by Private Equity Insights.

M&A activity in the US power sector is set for a record-breaking year in 2025, as surging electricity demand – driven by AI and data centres — fuels an unprecedented appetite for assets among energy firms, PE investors, and institutional funds, according to a report by Reuters.

Advent International is in the early stages of evaluating strategic options for Ultra Precision Control Systems (Ultra PCS) as investor appetite for defence-related assets continues to surge, according to a report by Bloomberg citing sources familiar with the matter.

Singapore’s state-owned firm investment Temasek Holdings has acquired a nearly 10% stake in Indian snack giant Haldiram’s for approximately $1bn just a week after PE major Blackstone withdrew from the race to acquire a share in the business citing valuation concerns, according to a report by Reuters.

A consortium led by private equity giants Warburg Pincus and KKR s in discussions to acquire German packaging and medical equipment manufacturer Gerresheimer AG, according to a Bloomberg report citing sources familiar with the matter.

Global alternative investment firm HIG Capital has acquired a majority stake in Protos, an Italy-based independent technical consulting firm for the financial sector, in partnership with the company’s existing management team.