European investment firm Waterland Private Equity has sold its majority stake in debt collection services provider coeo to doValue, the Italian credit management specialist, to continue its expansion strategy and to integrate its AI expertise in development and application into a larger corporate group.

Goldman Sachs Alternatives’ Petershill unit has exited its non-control stake in private equity firm Harvest Partners, with the sale executed at a premium to Petershill’s net asset value marking another high-profile realisation from its portfolio of GP stakes.

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.