L Catterton is nearing a deal to acquire a controlling interest in fitness competition brand Hyrox in a transaction that could value the business at approximately €600m ($697m), according to a report by Bloomberg citing unnamed people familiar with the matter.

Australia-listed land-lease community operator Ingenia Communities has rejected a AUD1.94bn ($1.4bn) takeover approach from Warburg Pincus, arguing that the private equity firm’s proposal significantly undervalues the business, according to a report by Reuters.

Dutch private equity firm Waterland is reportedly preparing a higher offer for UK-listed telecommunications provider Gamma Communications, potentially setting up a bidding contest with rival sponsor Epiris, according to a report by the Sunday Times.

Thoma Bravo is exploring a potential sale of Foundation Software, a provider of software to the construction industry, in a process that could value the company at more than $2bn, according to a report by Reuters.

TPG-backed healthcare provider Asia OneHealthcare has confidentially filed for a potential initial public offering in Malaysia that could raise as much as MYR10bn ($2.5bn), according to a report by Bloomberg.

Thoma Bravo-owned Proofpoint is in discussions to acquire cybersecurity software provider Varonis Systems, according to a report by Reuters citing an unnamed person familiar with the matter.

KKR has agreed to acquire A1 Garage Door Service, a US provider of residential garage door repair and replacement services, in a transaction valued at around $2bn, according to a report by Reuters citing unnamed people familiar with the deal.

Apax Partners is lining up around €1bn of leveraged debt financing to support its acquisition of two businesses from German packaging specialist Gerresheimer, according to a report by Bloomberg citing unnamed people familiar with the transaction.