Global mergers and acquisitions activity has maintained the positive momentum achieved at the start of 2024, with deals completed during the second quarter improving upon the same period last year, according to research from WTW’s Quarterly Deal Performance Monitor.

European private equity firm Exponent will invest in Kingsbridge Healthcare Group, a private healthcare provider in Northern Ireland and the Republic of Ireland.

Global alternative asset manager Tikehau Capital’s private equity decarbonisation strategy is to make a majority investment in CEBAT, an Italian utility infrastructure service provider and portfolio company of funds managed by Oaktree Capital Management.

European mid-market private equity firm Inflexion is to sell its investment in Lintbells, a specialist in pet supplements which are sold under the YuMOVE brand name, to to Vetnique Labs, a portfolio company of Gryphon Investors.

Software focussed private equity firm Vista Equity Partners has lead d strategic majority growth investment in Nasuni, an enterprise data platform for modern hybrid cloud environments, which values the business at approximately $1.2bn.

London-based private equity firm Agathos Management has completed a majority investment in Lexxic, a provider of neurodiversity assessment services and accreditation to organisations in the UK. 

German special situations private equity firm Mutares has acquired Hirschvogel Incorporated, a US steel forging and machining components supplier to Ford, Metallus and Dana, in the firm’s ninth acquisition this year and its first US deal. 

Private equity firm Carlyle Group is in exclusive discussions to purchase Baxter International’s kidney care spinoff, Vantive, in a deal valued at around $4bn including debt, according to reports by Reuters and the Wall Street Journal.

Private equity major KKR is exploring the possibility of restarting the sale process for Goodpack, a Singapore-based global supply chain and logistics company, in a deal that could be worth several billion dollars, according to a report by the Wall Street Journal.

Pacific Avenue Capital Partners, a middle-market private equity firm specialising in carve-outs and complex situations, has closed its acquisition of KiddeFenwal, a designer and manufacturer of industrial and commercial fire suppression systems and safety controls.