KKR has led a $48 million Series C funding round in Privy, a digital trust provider in Indonesia. Existing investors MDI Ventures, GGV Capital and Telkomsel Mitra Inovasi, and new investors including Singtel Innov8, also participated in the round. 

Private equity firm Genstar Capital is to invest in Likewize, a tech protection and support company, alongside the firm’s existing private equity investor, Brightstar Capital Partners.

Vodafone Group Plc has agreed the partial sale of its mobile-phone masts business Vantage Towers to a consortium led by private equity firms Global Infrastructure Partners and KKR & Co in a deal that values the business at $16 billion.  Vodafone’s current 81.7% stake in the business will be put

Global software investment firm Thoma Bravo has led a $70 million expansion to TRM Labs’ Series B funding round, bringing the raise to $130 million in total.  Goldman Sachs and previous TRM investors including PayPal Ventures, Amex Ventures, Citi Ventures, and others, also participated in the round. The expansion follows

Ambienta, one of Europe’s largest asset managers entirely focused on environmental sustainability, has acquired a majority stake in LÄSSIG, a producer of functional, sustainable and innovative products for babies, children and the whole family. The company was previously held by financial investors and the founders Claudia and Stefan Lässig, and

Private equity buyout firm Japan Industrial Partners has submitted a $15 billion bid to acquire Toshiba Corp, without having secured the backing of banks raising doubts over the viability of the proposed deal, according to a report by Reuters. JIP’s proposal includes a commitment of almost half of the $15

GHO Capital Partners, a European specialist investor in global healthcare, and the Vistria Group, a middle-market private investment firm, are to acquire a controlling interest in Alcami Corporation, a pharmaceutical contract development and manufacturing organisation, from funds affiliated with Madison Dearborn Partners (MDP) and Ampersand Capital Partners.

An affiliate of Angeles Equity Partners has acquired Data Clean, a provider of specialised contamination control and removal services for critical environments. Angeles will partner with Data Clean’s prior owners, Richard Hill and Dean Sirakides who will retain an ownership stake in the company.

European private equity major Hg has raised $11 billion for its latest fund, Saturn 3, significantly ahead of its original $8.5 billion and making it the largest European buyout fund to close so far this ear, according to a report by Private Equity International. The fund which launched at the