Activist hedge fund Irenic Capital Management is seeking to attract private equity buyers for SSP Group, the London-listed operator of travel food outlets including Upper Crust, according to a report by the Financial Times.

Danish private equity firm Axcel is weighing a potential sale of IT consulting firm Emagine, in a transaction that could value the business at around €700m ($826m), according to a report by Bloomberg citing unnamed sources familiar with the matter.

US healthcare services firm Premier has agreed to be acquired by an affiliate of private investment firm Patient Square Capital in a take-private transaction valued at $2.6bn, according to a report by Reuters.

Sector-focused private equity firm Kester has invested in Addresscloud, a leading provider of geospatial risk intelligence solutions for the insurance sector, marking the sixth investment from its £200m Kester Capital III fund, which closed in March 2024.

Bain Capital has completed an investment into Les Hôtels de Paris, which is part of the Machefert Group and owns a portfolio of 17 centrally-located Paris properties, and one in St Tropez, marking a significant step in the firm’s expansion in Europe’s hospitality sector.

PAI Partners is preparing a potential sale of French pharmaceuticals group Ethypharm, in a deal that could value the business at more than €1bn ($1.2bn), according to a report by Bloomberg citing unnamed people familiar with the matter.

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.