Technology-focused private investment firm Francisco Partners is to acquire IBM weather business, which includes consumer-facing weather services such as The Weather Company’s Weather.com as well as business-oriented offerings.

Funds managed by private investment firm Apollo have acquired a majority interest in Composite Advanced Technologies (CATEC), a provider of compressed natural gas (CNG), renewable natural gas (RNG) and hydrogen transportation and storage solutions in the United States. 

Financial software business Ramp, which is looking to build a comprehensive platform for finance teams including software to monitor expenses and manage vendors, has raised $300m from investors at a $5.8bn valuation.

Hg, a private equity firm that primarily targets technology buyouts in Europe and the US, is weighing options for GGW Group, including a sale that could value the German insurance broker at about €1.5bn ($1.6bn), according to a report by Bloomberg.

Publicly-traded cybersecurity specialist SentinelOne is considering a sale to a private equity investor and has hired investment bank Catalyst Partners to assist in finding a suitable purchaser, according to a report by Reuters.

UK M&A transactions involving mid-market private equity investors cooled in the first six months of 2023 amid ongoing market volatility and tough trading conditions, according to analysis in a new report from KPMG UK.

BV Investment Partners (BV), a middle-market private equity firm focused on the tech-enabled business services, software and IT services sectors, has made a growth-oriented investment in Hardenbergh Group, a provider of non-clinical professional staffing, consulting, physician peer review and outsourced solutions to healthcare organisations.