QAD, a business software provider and a portfolio company of Thoma Bravo since being taken private by the software investment specialist for $2 billion in 2021, is to acquire employee productivity platform Redzone in a deal worth around $1 billion, according to a report by Reuters. Founded in 2013, Redzone

Funds managed by global investment firm Carlyle and private equity firm Stellex Capital Management are to sell Titan Acquisition Holdings, a bi-coastal specialist in ship repair services and marine and heavy complex fabrication, to an affiliate of Lone Star Funds.   The transaction is expected to close in 2023 subject

Huatai International Private Equity Fund, Huatai Securities’ Greater China-focussed private equity investment platform, has completed an investment in Jiangsu Shekoy Semiconductor New Material Co. Ltd, taking total funding in the business in this latest round to RMB1.745 billion (£213.5m).

Ara Partners, a private equity firm that specialises in industrial decarbonisation investments, has acquired a majority interest in Wattstor, a provider of automated carbon reduction and electricity cost-saving technology for small and medium-sized enterprises (SMEs) and mid-market industrial and commercial (I&C) end users.  janom, Wattstor’s main existing investor, is to

The number of M&A deals targeting UK financial advisers and wealth managers has risen 11% from 398 to a record high of 440 in the past year, according to new data from international law firm Mayer Brown, with the increase being driven in large part by private-equity-backed ‘consolidators’.  These firms

Lovell Minnick Partners, a private equity firm with a 20-plus year track record of partnering with growth-oriented companies, is to acquire a majority stake in Definiti LLC, a retirement services firm that supports more than 8,000 workplace organisations and 10,000 retirement plans across the US. 

GI Partners, a US-based private investment firm focussed on data infrastructure businesses, has acquired Rise Broadband, a provider of broadband services across 16 states in the US. GI Partners will support Rise Broadband’s rollout of fibre-to-the-home services for rural American homes and businesses. Based in Englewood, Colorado, Rise Broadband is

Sentinel Capital Partners, a private equity firm that invests in mid-market companies, has sold Apex Companies, a provider of end-to-end environmental consulting and engineering solutions, to Morgan Stanley Capital Partners.  Financial terms of the deal, which will see Sentinel maintain a minority position in the business post-closing, have not been