BGF has completed the sale of its stake in Monodraught, a British green tech specialist, to Genuit Group plc for £55.6m with the exit generating an 11x multiple of money invested and a 37.5% internal rate of return – one of the highest returns achieved by BGF.

3i Group has agreed the sale of its stake in MAIT, a leading IT services provider for mid-market clients in the DACH region, to DBAG Fund VIII, advised by Deutsche Beteiligungs AG (DBAG) in a deal expected to generate £143m in gross proceeds.

Triton Partners has fully exited its investment in German defence supplier Renk Group AG, realising a seven-times return on its 2020 acquisition of the business from Volkswagen, according to a report by Bloomberg.

Vector Capital, a US-based private equity firm focused on transformational investments in established technology businesses, has agreed to acquire Showpad, a global provider of AI-driven revenue enablement solutions headquartered in Chicago and Ghent, Belgium.

Buderus Edelstahl, a wholly owned subsidiary of Mutares, has agreed to sell its two business units, the hot rolling and mechanical processing including heat treatment, to GMH Gruppe.

An affiliate of HIG Capital, a global alternative investment firm with $70bn in capital under management, has completed the sale of EYSA Group to Tikehau Investment Management SAS, a global alternative asset manager.

European mid-market private equity firm Inflexion has agreed to sell its investment in European LifeCare Group, a vaccinations provider in Europe, to a European private equity group.