Sullivan Street Partners, a UK-based private equity investor specialising in mid-market control buyouts, has reached a binding agreement to acquire the Aerostructures business of Senior for a total enterprise value of up to £200m.

Bain Capital is on the hunt for its next airline investment after more than tripling its capital on Virgin Australia Holdings, underscoring a rare success in a notoriously tough sector for private equity, according to a report by Bloomberg.

Eurazeo has held the first close of the Eurazeo Growth Fund IV at €650m, with its first investments scaling at more than a 50% year-over-year revenue pace. The final fund target sits at €1bn.

Trinity Hunt Partners, a growth-oriented private equity firm, has invested in DACS Asphalt & Concrete, a provider of commercial asphalt paving, concrete, and parking lot maintenance and repair services.

Sullivan Street Partners’ portfolio company UK Addiction Treatment Group, a UK provider of private residential addiction services, has completed the add-on acquisition of rehabilitation centre The Providence Projects.

UK mid-market private equity firm Limerston Capital has acquired DigitalXRAID, a leading managed security service provider (MSSP), as it continues to build out its cyber security platform.

Partners Group will exit its longstanding holding in PCI Pharma Services, a global contract manufacturing and development organisation, generating significant returns for its clients upon completion.