EQT AB, Europe’s largest private equity firm, is weighing a US initial public offering of its waste management platform Reworld, potentially raising $1bn or more, according a report by Bloomberg citing unnamed sources close to the matter.

TPG has led a $120m funding round in UK-based fintech Tide Holdings, propelling the SME banking platform to a valuation of $1.5bn. The raise included fresh capital alongside a secondary sale to provide liquidity for early investors and employees, according to a report by Bloomberg.

Private equity firm Keensight Capital has agreed to acquire a majority stake in Isto Biologics, a US-based orthobiologics specialist, from Thompson Street Capital Partners in a deal valued at around $1bn according to a report by Bloomberg.

Verisure, the Swiss-based home and small business security provider majority-owned by private equity firm Hellman & Friedman, is planning a €3.1bn ($3.7bn) listing on Nasdaq Stockholm, in what could be one of Europe’s largest IPOs in recent years, according to a report by Reuters.

EQT is evaluating strategic options for First Student, the North American school bus operator it acquired in 2021, including a potential US initial public offering, according to a report by Bloomberg citing unnamed people familiar with the matter.