Software maker Databricks has secured over $5bn in financing from lenders such as Blackstone, Apollo Global Management, and Blue Owl Capital, marking its largest debt raise to date, according to Bloomberg citing sources familiar with the matter.

The global M&A landscape is set for a year of dynamic change as macroeconomic disruptions continue to impact markets. Private equity investors must adapt to these shifting conditions, according to global management consultancy firm CIL.

Private equity firms increased their activity in Europe last year, capitalising on the continent’s economic difficulties to acquire large companies at lower valuations, according to a report by the Financial Times.

Blackstone is considering various strategic options for Liftoff, including a sale, which could value the mobile app marketing provider at over $4bn, including debt, according to a report by Reuters citing two sources familiar with the matter.

Shares of Australia’s Insignia Financial surged to a three-year high on Monday as the bidding war intensified, with Bain Capital increasing its offer to AUD 2.87bn ($1.76bn), aligning with the rival bid from CC Capital, according to a report by Reuters.

Direct lenders, including Antares Capital, Blue Owl Capital, and KKR, are preparing to assume control of insurance claims manager Alacrity Solutions, marking the latest restructuring within the private credit market, according to a Bloomberg report citing sources familiar with the situation.

Warburg Pincus is exploring strategic options for its portfolio company Modernizing Medicine, which could include a sale in a deal valued at over $5bn, including debt, according to a report by Reuters citing unnamed sources familiar with the matter.