Global investment firm Carlyle has agreed to acquire Evolution Funding (Evolution), one of the UK’s largest used car finance platforms, investing alongside Evolution’s founders and existing investor LDC. The terms of the transaction have not been disclosed.

Los Angeles-based private equity firm Levine Leichtman Capital Partners has sold its portfolio company SK AeroSafety to Bridgepoint, a global private equity firm. Financial terms of the transaction have not been disclosed.

Pan-European mid-market private equity firm Agilitas has completed the sale of Hydro International, a provider of technological solutions for the control, storage and quality management of wastewater, stormwater and industrial process water, to Oldcastle Infrastructure. 

Private investor Rcapital, has completed its second carve out deal of 2023 with the acquisition of Temple Lifts from Hitachi. Temple, which has over 35 years’ experience in the lift maintenance sector, was acquired by Hitachi in 2017.

TPG is to acquire Nextech, a provider of clinical and administrative healthcare technology solutions for specialty physician practices, from Thomas H Lee Partners for $1.4 billion. TPG is investing in Nextech through TPG Capital, its US and European late-stage private equity platform.

Private investment firm Summa Equity has sold Kiona, a proptech firm and developer of a building energy efficiency software platform that allows users to monitor, control and optimise their energy consumption, to global energy efficiency specialist CAREL.