Deals
Blackstone is set to invest $25bn in a large-scale infrastructure push across Pennsylvania, focused on developing co-located data centres and natural gas power plants, according to a report by Bloomberg citing President and COO Jon Gray.
Educational publisher McGraw Hill, backed by Platinum Equity, is seeking a valuation of up to $4.2bn in its upcoming US IPO, according to regulatory filings released on Monday.
Multiples Private Equity is set to acquire a controlling stake in India’s leading luggage maker, VIP Industries, through a transaction involving the purchase of up to 32% from the founding Piramal family, according to a report by Reuters citing a company statement released Sunday.
Jersey Mike’s is set to raise $400m through a whole business securitisation (WBS) as the sandwich chain looks to return capital to Blackstone, which acquired a majority stake in the company earlier this year in a deal valuing it at approximately $8bn, according to a report by Bloomberg.
Bain Capital has joined Kohlberg & Co in a co-led investment in PCI Pharma Services, valuing the pharmaceutical services provider at approximately $10bn including debt, according to a report by Bloomberg citing a statement released Monday.
Partners Group, GIC, TPG Rise Climate – the dedicated climate investing strategy of TPG’s global impact investing platform, and Mubadala, are to invest in real estate digital solutions provider Techem, in a transaction valuing the company at around €6.7bn.
MidOcean Energy, an LNG platform established by energy-focused private equity firm EIG and backed by Saudi Aramco, has been selected as the lead bidder for a minority interest in Petronas’ Canadian upstream unit, according to a report by Bloomberg citing sources with knowledge of the matter.
BlueFive Capital, through its Reef Private Equity Fund I, has acquired 100% of Wusoom Holding, a holding company with assets across high-growth sectors in the GCC, including real estate, technology, hospitality, aviation, and industrial sectors.
Private equity giants Advent International and KKR are preparing for a major liquidity event as their portfolio company NIQ Global targets a valuation of up to $7.3bn in its upcoming US IPO, according to a report by Reuters.
TruArc Partners, a private equity firm focused on the middle‑market, has sold Ideal Tridon, a scaled manufacturer of engineered fastening, sealing, and support systems, to Nautic Partners. Terms of the transaction have not been disclosed.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm