IK Small Cap II Fund, a fund owned and managed by European private equity firm IK Partners, has agreed to sell its stake in GeoDynamics, a Belgian software firm focused on solutions for Human Resources finance professionals, to Blinqx.

Blackford Capital, a lower middle market private equity firm, has closed the sale of portfolio company Mopec Group, a supplier of equipment, consumables, and services for pathology and anatomy professionals, to PE firm Waud Capital Partners.

Coalesce Capital, a private equity firm focused on investing in business services companies, has completed a majority growth recapitalisation in executive compensation and leadership consultancy, Pearl Meyer & Partners.

Wall Street is gearing up for a resurgence in initial public offerings as private equity firms including Blackstone, Carlyle, and Hellman & Friedman look to capitalise on buoyant US equity markets to offload investments, according to a report by the Financial Times.

Insignia Financial’s shares surged to a three-year high on Monday after the Australian financial services company announced an AUD2.87bn ($1.78bn) takeover bid from US-based private investment firm CC Capital Partners, according to a report by Reuters.

Middle-market private equity firm One Equity Partners has completed its acquisition of EthosEnergy, a global provider of rotating equipment for customers in the power generation, energy, industrial, and aerospace and defence markets.

Creador, a PE firm focused on investments in businesses operating in South and Southeast Asia, has acquired a controlling stake in Southeast Asia hospitality marketplace MG Group, which serves over 3,650,000 accommodation suppliers and 8000 global buyers.