South Korea is cementing its status as a key destination for global private equity, drawing major firms such as Apollo Global Management and Intermediate Capital Group, with both having recently established offices in Seoul, according to a report by Private Equity Insights.

M&A activity in the US power sector is set for a record-breaking year in 2025, as surging electricity demand – driven by AI and data centres — fuels an unprecedented appetite for assets among energy firms, PE investors, and institutional funds, according to a report by Reuters.

Advent International is in the early stages of evaluating strategic options for Ultra Precision Control Systems (Ultra PCS) as investor appetite for defence-related assets continues to surge, according to a report by Bloomberg citing sources familiar with the matter.

Singapore’s state-owned firm investment Temasek Holdings has acquired a nearly 10% stake in Indian snack giant Haldiram’s for approximately $1bn just a week after PE major Blackstone withdrew from the race to acquire a share in the business citing valuation concerns, according to a report by Reuters.

A consortium led by private equity giants Warburg Pincus and KKR s in discussions to acquire German packaging and medical equipment manufacturer Gerresheimer AG, according to a Bloomberg report citing sources familiar with the matter.

Global alternative investment firm HIG Capital has acquired a majority stake in Protos, an Italy-based independent technical consulting firm for the financial sector, in partnership with the company’s existing management team.

Keensight Capital, a private equity firm focused on pan-European growth buyouts, has backed inherent group in its acquisition of CONEXIO Telecom, a provider of high-speed connectivity and telephony solutions.

Corsair Capital, a specialist investment firm focused on payments, software, and business services within financial services, has acquired a majority stake in IDnow, a leading provider of identity verification solutions in Europe.