Apollo Global Management has agreed to acquire German cooling equipment manufacturer Kelvion from Triton Partners in a deal valuing the business at around €2bn, including debt, according to a report by Bloomberg.

The owners of aland Health Holding, including private equity firms including Affinity Equity Partners and Goldman Sachs Capital Partners, are preparing to sell their combined controlling stake in a deal expected to value the company at over $1.5bn, according to a report by Reuters.

General Catalyst has led a $74m funding round for Titan, a newly formed holding company aiming to acquire and modernise IT services providers by embedding artificial intelligence into their operations, according to a report by the Wall Street Journal.

Primary Health Properties has secured 62.9% shareholder acceptance for its £1.9bn ($2.4bn) cash-and-stock takeover of UK healthcare real estate investor Assura, ending a months-long bidding battle with US private equity group KKR, according to a report by Reuters.

IK Partners has signed an agreement to invest in Francks Kylindustri Nordic provider of installation and maintenance of commercial and industrial refrigeration systems through its X Fund.

European mid-market private equity firm Inflexion is backing the launch of Absolute Financial Group, a new independent financial advice consolidator with £100m of committed funding through its Buyout Fund VI.

Abu Dhabi-based digital infrastructure investor Zero Two has entered into a co-ownership agreement with Warburg Pincus in Evolution Data Centres, the rapidly expanding Southeast Asia-focused data centre platform, the parties announced Tuesday, according to a report by Reuters.