Global growth investor General Atlantic has made a majority investment in Plusgrade, a provider of ancillary revenue solutions for the global travel industry, in a deal that sees Novacap fully exit its stake while another existing investor, CDPQ, remains a significant shareholder.

Global private equity firm OpenGate Capital has entered into exclusive discussions over the sale of SMAC, a supplier of waterproofing and building envelope systems, to Compagnie Financière Jousset and SMAC’s management team.

Private equity firm BC Partners has revived plans to list German academic publisher Springer Nature at a valuation of up to €9bn, including debt, amid improving sentiment for initial public offerings, according to a report by Reuters.

Bluepeak, a provider of fibre broadband to residential and commercial customers in communities across the US and Canada’s Great Plains region, has secured an investment from funds managed by Ares Management’s infrastructure opportunities and alternative credit strategies.

Park Square Capital has completed the sale of Terreal, a European manufacturer of clay roof tiles and components, to Wienerberger, an Austrian listed building materials company.

Adenia Partners, a private equity firm focused on growth opportunities in Africa, has acquired 100% of The Courier Guy, a specialist in last-mile delivery and express parcel services in South Africa, alongside co-investors DEG, Proparco, and South Suez.

LDC, a private equity investor which is part of Lloyds Banking Group, has invested in 15below, a specialist software developer, as part of a five-year growth strategy which will include investment and support to further develop proprietary technology to support existing and new clients.

NVM Private Equity has acquired Vegetarian Express, a UK distributor of plant-based ingredients to the foodservice sector, from sustainable and impact investor Bridges Fund Management. The investment will help fund the business’s expansion into Ireland, enhance its operational capabilities, support its customer base and strengthen its digital offering.

Middle market private equity firm Gryphon Investors has completed the sale of RoC Skincare to Bridgepoint Europe VII, a fund focused on investing in mid-market growth businesses. Financial terms have not been disclosed.