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.

Los Angeles-based private equity firm Truelink Capital has completed its previously announced acquisition of global exhibition and events management firm GES in a carve-out deal from Viad Corp valued at $535m.

Funds advised by global private investment firm Permira are to acquire a majority stake in Westbridge Advisory, a European energy and sustainability advisory firm servicing institutional real estate clients.

One Equity Partners (OEP), a middle market private equity firm focused on the industrial, healthcare, and technology sectors in North America and Europe, has completed a majority investment in industrial automation and robotics company Comau, making Stellantis an active minority shareholder.

Toronto-based private equity firm Birch Hill Equity Partners has finalised its previously announced purchase of the Rexall Pharmacy Group and Well.ca, marking a significant move in Canada’s healthcare and wellness retail sector, according to a report by the Globe & Mail.