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Deals

IK Partners completes Medica acquisition

IK Partners’s IK IX Fund has completed its acquisition of Medica Group, a teleradiology and imaging solutions provider in the UK, Ireland and the US. The deal, IK’s fourth platform investment in the UK, was made through Moonlight Bidco, a newly incorporated wholly owned subsidiary of funds advised by IK.

Ardian agrees d&b Group sale to Providence

Private investment firm Ardian has agreed to sell its majority stake in Cubes Holding, a provider of professional audio technology and audio, video, light and media solutions, to Providence Equity Partners – a PE firm focused on media, communications, education, and tech investments

HarbourView acquires Wiz Khalifa back catalogue rights

Global private investment firm HarbourView Equity Partners has agreed to purchase select recorded music and publishing assets of multi-platinum selling, Grammy and Golden Globe nominated recording artist Wiz Khalifa (Wiz).

PAI Partners to acquire majority stake in Infra Group

Private equity firm PAI Partners is to acquire a majority stake in Infra Group, a multi-disciplinary network infrastructure services provider, joining current investors ICG, Andera Partners and the management team led by Tom Vendelmans.

American Equity Life Holding logo on screen

Brookfield to acquire American Equity in $4.3bn deal

Canadian private investment firm Brookfield has agreed to acquire the 80% stake it doesn’t already own in annuities provider American Equity Investment Life Holding (AEL) in a deal that values the business at $4.3bn.

FIS logo on on website

GTCR eyes majority stake in $15-20bn payment processor FIS

Private equity firm GTCR is closing in on the acquisition of a majority stake in the merchant business of payment processing company Fidelity National Information Services Inc in a leveraged deal valuing the division at between $15bn and $20bn, according to a report by Reuters.

Saudi football looking to score with PE deals

Saudi Arabia is hoping to attract private equity investment as part of a push to enhance the status and global profile of its top domestic football competition, The Saudi Pro League, according to a report by Bloomberg.

Sun European’s DD Group acquires dental distribution platform DPI

DD Group, a portfolio company of private investment firm Sun European Partners, which focuses on business services, consumer, healthcare, industrial, and technology sector investments, has acquired 100% of the shares in Dental Promotion & Innovation SA, a dental distribution platform in continental Europe.

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