Funds managed by private investment firms Blackstone and Vista Equity Partners have agreed to acquire Smartsheet, a provider of workplace collaboration software solutions in an all-cash transaction valued at approximately $8.4bn.

Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, has made a growth investment in Gnosis Freight, a provider of shipping container management software.

Enfusion, a US-based provider of financial software for asset managers, is in discussions with investment bankers to explore strategic options, including a potential sale, with operate equity firms among the interested parties, according to a report by Reuters.

Forest Hill Partners, a Chicago-based private equity firm that typically invests in lower middle-market industrial businesses, has sold Micromatic to fellow private equity investor MITAR Private Capital. Financial terms of the deal have not been disclosed.

Genstar Capital, a PE firm focused on investments in targeted segments of the healthcare, financial services, software, and industrials industries, has acquired clinical trial specialist Flourish Research from NMS Capital.

UK merchant banking group Close Brothers Group has officially announced the sale of its wealth management and financial planning division, Close Brothers Asset Management (CBAM), to US private equity firm Oaktree for up to £200m,

Travel technology specialist Hotel Engine has secured a $140m Series C growth investment led by Permira Growth Opportunities II, a fund advised by global private equity firm Permira, giving the company a valuation on $2.1bn.