Global private investment firm KKR is to acquire Janney Montgomery Scott, a wealth management, investment banking and asset management firm with over $150bn in assets under administration, from The Penn Mutual Life Insurance Company.

An affiliate of $64bn global alternative investment firm HIG Capital has acquired Naturalia Tantum, a company operating in the Italian organic beauty & personal care sector.

Los Angeles-based global private investment firm Atar Capital has sold its portfolio company, Microcel, a distributor of lifestyle products in Canada, to Canadian distribution company TDL Gentek.  

Mubadala Investment Company’s asset management subsidiary Mubadala Capital has agreed to acquire a majority stake in Bugaboo Group, a provider of strollers and children’s consumer products and one of Bain Capital’s portfolio companies. 

European mid-market private equity firm Inflexion has invested in FDMUK, a provider of telecoms market share, pricing and proposition data across Europe. The investment is being made by Inflexion’s Enterprise Fund V.

Mid-market private equity firm Equistone Partners Europe is to sell its investment in Heras, a European end-to-end supplier of permanent and mobile perimeter protection, to European perimeter and technical security company Garda Group.

Amberjack Capital Partners, a private equity investment firm focused on the industrial, infrastructure and environmental sectors, has exited its investment in Best Trash, with a sale to HIG Capital.

Private investment house Ardian has acquired a majority stake in Masco Group, a global provider of products and services to the pharmaceutical and biotech industries, from RSBG SE, the holding subsidiary of RAG-Stiftung.