Platinum Equity has acquired a controlling stake in Inventia Healthcare Limited’s core Oral Solid Dosage business from India Life Sciences Fund III, NYLIM Jacob Ballas India Fund III, and affiliates of the company’s founding Shah family.

Phoenix Equity Partners, a UK private equity firm specialising in working alongside founder-entrepreneurs, has made a growth investment in UK cybersecurity specialist Cybanetix, marking the fifth investment from the firm’s 2022 Fund.

Miami-based lower middle-market investor ICV Partners has sold its portfolio company and global maritime logistics provider Horizon Air Freight to Connecticut-based private equity firm GHK Capital Partners, having first acquired Horizon in 2019.  

Leveraged buyout financings accounted for almost half (42%) of all UK mid-cap debt market transactions in H1 2024, compared with just 29% in H1 2023, according to the latest MidCapMonitor report by global investment bank Houlihan Lokey. 

New York-based private equity firm RF Investment Partners has acquired Rent-A-John, a US provider of portable sanitation facilities, representing the firm’s first acquisition under its newly formed portable sanitation platform. 

Apax Partners LLP is to acquire a controlling stake in Veriforce, a global provider of supply chain risk management solutions, from the software-focused private investment firm Thoma Bravo. Financial details of the transaction have not been disclosed.

UK mid-market private equity firm Palatine, via its Impact Fund, has acquired a majority shareholding in The MOLE Clinic, a healthcare provider aiming to lower skin cancer mortality rates in the UK through early-stage patient screenings.

Privately-owned specialist retail investment boutique Modella Capital has acquired Hobbycraft, the largest arts and crafts retailer in the UK, from British private equity firm Bridgepoint, which has fully exited its investment. Financial terms of the transaction have not been disclosed.