Odoo SA, a provider of open-source integrated business software applications for small and medium-sized enterprises, has secured a strategic investment of approximately €150 million from global growth equity firm General Atlantic

AC Milan owner RedBird Capital Partners is teaming up with Hollywood actor Ryan Reynolds and other investors to acquire a 24% stake in the Alpine Formula One racing team, in a deal that values the Renault-backed group at $900 million, according to a report by The Financial Times.

Private investment firm Bain Capital has launched a joint-venture with Spanish real estate investment and development company Conren Tramway to co-invest over €600 million into the acquisition and development of logistics facilities in Spain and Portugal over the next five years.

French Media Group Vivendi believes KKR’s offer of around €22.5 billion to acquire Telecom Italia’s (TIM) landline network significantly undervalues the business and any sale of the network would be a strategic mistake, according to a report by the Financial Times.

Bridge Growth Partners, LLC, a private equity firm focused on investments in the technology and technology-enabled services sectors, is to sell Accedian, a specialist in performance analytics and end-user experience solutions, to Cisco. Financial terms of the transaction have not been disclosed.

CVC Capital Partners Fund III and Patria Investments Private Equity Fund VII are to acquire Delly’s, a food service distribution company in Brazil, from Patria’s fifth private equity investment vehicle (Fund V).

L Catterton, a global consumer-focused private investment firm, has invested around $60 million in Drools Pet Food Private Limited, a local pet food company based in India. L Catterton has a longstanding track record of growing pet food businesses across the world.

Stirling Square Capital Partners, a pan-European mid-market private equity firm, has acquired a majority stake in Infobric, a provider of software solutions for the European construction industry, from Summa Equity, a purpose-driven thematic investment firm.