Hg, a private equity firm that primarily targets technology buyouts in Europe and the US, is weighing options for GGW Group, including a sale that could value the German insurance broker at about €1.5bn ($1.6bn), according to a report by Bloomberg.

BV Investment Partners (BV), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, has made a growth-oriented investment in Hardenbergh Group, a provider of non-clinical professional staffing, consulting, physician peer review and outsourced solutions to healthcare organisations.

UK M&A transactions involving mid-market private equity investors cooled in the first six months of 2023 amid ongoing market volatility and tough trading conditions, according to analysis in a new report from KPMG UK.

Private investment buyout major TPG has had an approach to make an investment in EY’s consulting division rejected by the London-headquartered global professional services business, according to a report by The Financial Times.

Hg, the manager of HgCapital Trust (HGT), has agreed the partial sale of its investment in TeamSystem, a provider of business software solutions to businesses and accountants in Italy and Spain, to a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA) and CapitalG, Alphabet’s independent growth fund. 

Global investment firm Carlyle has agreed to sell Assala Energy (Assala), an upstream oil exploration and production company operating in Gabon, to Etablissements Maurel & Prom SA (M&P), an oil and gas exploration and production company listed on Euronext.

Chicago-based private investment firm Granite Creek Capital Partners, has made a new platform investment in Salem One, a provider of corporate communication solutions, including direct marketing, packaging, and logistics services.