Levine Leichtman Capital Partners, a Los Angeles-based private equity firm, has acquired Kilwin’s Quality Confections, Inc and Kilwins Chocolates Franchise, Inc, a franchisor, retailer, manufacturer and distributor of premium quality chocolate, ice cream and confectionary products. 

Indian carmaker Tata Motors is looking to raise up to $1 billion through the sale of a stake in its electric vehicle business and has opened discussions with a number of sovereign wealth funds and private equity investors over a potential deal, according to a report by the Economic Times.

US-based global private equity investor Apollo Global Management has had three approaches to acquire UK energy services and consulting firm John Wood Group rejected by the Aberdeen-based company, according to a report by The Guardian.

Levine Leichtman Capital Partners, a Los Angeles-based private equity firm, is to sell its portfolio company GL Education to Renaissance, a portfolio company of Blackstone Group and Francisco Partners. Financial terms of the transaction have not been disclosed.

ArcLight Capital Partners, a middle market infrastructure investor, has sold Great River Hydro, a US renewable energy infrastructure platform and the largest conventional hydroelectric portfolio in New England, to affiliates of Hydro-Québec for a value of approximately $2 billion.

The Riverside Company has added to its SaaS portfolio through an investment in Gastromatic, a Germany-based provider of workforce management software solutions for small and medium sized businesses operating in shift-based industries.  Gastromatic’s software platform acts as the single source for all employee related data and enables customers and their

Carlyle Group’s proposed Cotiviti Inc deal, has attracted offers of support from Apollo Global Management, HPS Investment Partners and Blackstone to provide a $5.5 billion loan – the largest buyout financing ever arranged by private credit firms – to help finance the acquisition of the healthcare technology firm, according to

International Mexican restaurant group Zambrero has secured an investment from pan-European private capital manager Metric Capital Partners, with the firm taking a minority stake in the business alongside one other investor for a cumulative investment of approximately £143 million.  The transaction represents the first ever external capital taken by Zambrero.