Australian asset manager HMC Capital has agreed a AUD1.94bn ($1.29bn) deal to acquire Global Switch Australia, marking its strategic entry into the rapidly growing data centre market, according to a report by Reuters.

A consortium led by Mubadala Capital-backed private equity firm Fortress Investment Group and BlackRock is among several parties evaluating bids for Viridium Group, a German life insurance consolidator, according to a report by Bloomberg.

One Equity Partners has completed the acquisition of York Telecom Corporation, an IT services firm specialising in managed services, and enterprise collaboration solutions. Financial terms of the deal have not been disclosed.

Global private investment giant KKR has agreed to pay €2.64bn to acquire a 25% stake in Enilive, Eni’s mobility transformation company, comprising a payment of €2.44bn for the shares, plus a €500m capital increase to Eni prior to the completion of the deal.

Sweden’s EQT AB, in partnership with Neuberger Berman Private Markets and the Canada Pension Plan Investment Board (CPPIB), are to acquire global schools operator Nord Anglia Education in a deal worth $14.5bn, including debt, according to a report by Reuters.

Global private equity firm Levine Leichtman Capital Partners (LLCP) is to invest in Schülerhilfe, an operator and franchisor of site-based and online tutoring in the DACH region in partnership with company CEO, Dieter Werkhausen, and the existing management team.

The highly anticipated €16bn ($17.36bn) acquisition of Sanofi’s consumer health unit by buyout firm Clayton, Dubilier & Rice (CD&R) could signal a surge in large private equity deals across Europe, according to a report by Bloomberg citing comments from investors and analysts.

Genstar Capital has acquired a majority stake in Likewize, a global provider of tech protection and support services, having first invested in the business back in March 2023. Senior management and Brightstar Capital Partners remain as minority investors.