Global investment firm Carlyle has agreed to sell its majority stake in Cupa Group (Cupa), an international producer of premium natural slate, to Brookfield and its institutional partners.

Alternative investment firm HIG Capital (HIG), through an affiliate of HIG Technology Partners (HTP), is making an investment in Mobileum Inc (Mobileum), a global provider of telecom analytics solutions to help accelerate technology investments and growth enabled by the roll-out of 5G technologies and private networks across the world.

Bridge Bank’s Technology Banking Group has provided USD7 million in venture debt to Appcues, a provider of technology to identify onboarding issues and provide low-code, non-technical solutions to fix them.

SmallSpark Space Systems Limited (also known as S4) has closed a secured an additional GBP1.1 million in seed funding, adding to the GBP500k the company raised late last year, and GBP205 thousand of additional research funding from multiple partners including Research England and UKRI.

Nordic Capital is to acquire CARE Fertility (CARE), a fertility clinic group in the UK from Silverfleet Capital.

Hedge fund Elliott Management Corp and Vista Equity Partners are planning to acquire Citrix Systems Inc in a deal that values the US cloud computing company at about USD13 billion, according to a report by Reuters.

Mid-market private equity firm LDC has exited its investment in water pressure-boosting solutions business Stuart Turner, in a secondary buy-out backed by Epiris.

Descartes Underwriting, an InsurTech company specialising in next-generation corporate insurance solutions to address climate and emerging risks, has raised USD120 million in a Series B funding round led by growth equity firm Highland Europe alongside Eurazeo.

Pacifica Beauty, a specialist in 100 per cent vegan, cruelty-free, clean beauty, has secured a strategic investment from Brentwood Associates, a growth-oriented middle market private equity investment firm.