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.

Management fees for private equity buyout funds have fallen to their lowest level since tracking began in 2005, as fund managers face increasing pressure to attract investors in a challenging fundraising landscape, according to a report by the Financial Times.

Private equity firm Sixth Street Partners has agreed to invest $500m in Merchant Investment Management, as part of a $750m capital raise for the New York-based RIA minority investor, according to a report by CityWire.

Venture Capital firm Forgepoint has launched a new London hub – with a dedicated on-the-ground team – as part of its plan to scale-up investment across Europe, focusing on early-stage and select growth stage start-ups in cybersecurity, AI, and infrastructure software.