The first quarter of 2023 marked an unprecedented fifth consecutive quarter of pull-backs in private equity investment, according to a report by Bloomberg. M&A deals slumped to $559 billion across 12,200 deals during Q1 this year – the third-lowest M&A deal volume in a single quarter this decade. Almost $182

Private-equity major KKR is closing in on a deal to acquire a significant stake in FGS Global that will value the financial communications company, which is backed by UK advertising group WPP, at about $1.4 billion, according to a report by The Financial Times. Unnamed FT sources have revealed the

Aurelius has acquired Deutsche Lufthansa AG’s integrated airline catering and onboard retail provider the LSG Group. The transaction, which is expected to close in the third quarter of this year, is subject to approval by the relevant competition and regulatory authorities. The carve-out transaction includes all classic catering, onboard retail

Audax Private Equity, a private investment firm focused on North American middle market companies, has acquired specialist distribution platform Krayden, Inc from private equity firm Quad-C Management. 

Quadrivio Group’s Industry 4.0 fund, a private equity vehicle investing in digital transition and technological innovation for Italian SMEs, is to sell EPI, an Italian company that specialises in the sale of sports merchandise for Serie A football clubs, to Fanatics, a global specialist in licensed sports merchandise with operations

Ethos Capital has acquired Newforma, a collaboration platform aimed at helping companies deliver complex architectural, engineering, and construction projects more efficiently and cost-effectively.

US private investment giant Blackstone is hoping to agree a £700 million deal to acquire British commercial property company Industrials Reit after offering to pay shareholders a 42% premium to Friday’s closing price to take the company private, according to a report by the Financial Times. The board of Industrials