South African Rugby is in discussion with US-based sports-focused private investment firm Ackerley Sports Group over the sale of stake in its commercial activities for $75m, according to a report by Reuters.

Mid-market PE firm Bowmark Capital has made an investment in CubeLogic, a provider of SaaS risk management solutions geared at customers in the energy, commodities and financial services sectors to manage credit, compliance, liquidity and market risk.

Quilvest Capital Partners, a dedicated global mid and lower mid-market alternatives investment manager with over $7bn in AUM, has successfully listed one of its earliest portfolio companies, BBB Foods, on the New York Stock Exchange.

Innova Capital, a Poland-based PE firm investing in buyouts in mid-sized enterprises doing business in Central and Eastern Europe, has acquired a minority stake in CloudFerro, a leading provider of cloud services to the European space sector.

Capstreet, a Houston-based lower middle market private equity firm, has acquired Analytic Stress Relieving (ASR), a provider of on-site heat-treating services. Terms of the transaction have not been disclosed.

Nordic Capital is to acquire a majority stake in Zafin, a provider of SaaS core modernisation and transformation solutions for financial institutions around the world. The firm’s founders and management are reinvesting in the company as part of the deal.

Private equity firms Endeavour Capital and Greenbelt Capital Partners have closed a strategic investment in CTC Global Corporation, a California-based manufacturer of advanced conductor cores for high-voltage transmission cables.

American Securities, a New York-based private equity firm with over $27bn in AUM, has acquired NWN Carousel, a provider of cloud communications services, from middle market private equity firm New State Capital Partners.