Access Holdings, a Baltimore-based mid-market investment firm, has announced a $600 million capital raise to fund the growth of portfolio company Spotless Brands, a US-based express car wash platform. The capital will be used to scale operations in new and existing markets, including via M&A. Access partnered on the capital

New Zealand-based infrastructure investor HRL Morrison & Co (Morrison) is in discussions to acquire Ark Data Centres (Ark), which is controlled by activist hedge fund firm Elliot Investment Management, in a deal that cold value the business at around £2.5 billion, according to a report by Bloomberg.

Inflexion has completed the sale of its investment in Mobica, a global software development and integration services specialist, to Cognizant, a US-based NASDAQ-listed business, in a transaction that values Mobica at £250 million.

MentorcliQ, a provider of employee mentoring software, has secured a strategic growth investment of over $80 million from software and technology-focused growth equity investor PSG.  The new funding, which includes participation from existing investors Rev1 Ventures and Plymouth Growth, brings MentorcliQ’s total capital raised to over $100 million.   MentorcliQ

Experience management software provider Qualtrics has confirmed it is to be acquired by a group of investors including Silver Lake and the Canada Pension Plan Investment Board at a $12.5 billion valuation. Silver Lake and its co-investors, together with CPP Investments, will acquire 100% of the outstanding shares Silver Lake

KKR & Co, MBK Partners and Brookfield Asset Management are among the potential acquirers of a minority stake in South Korean gas company AirFirst, which local PE firm IMM Private Equity is looking to sell for $1 billion, according to a report by Reuters. Unnamed Reuters sources have revealed that

A number of private equity firms including Advent International and CVC Capital Partners are weighing up bids to acquire a minority stake in Deutsche Lufthansa AG’s aircraft maintenance and repair unit, according to a report by Bloomberg. Unnamed Bloomberg sources say that Lufthansa’s Technik business, which could be valued at

Charterhouse Capital Partners has sold its its portfolio company Tarsus Group, an international B2B events group, to Informa PLC in a deal with an enterprise value of $940 million, consisting of a combination of cash and shares.