Apex Group has supported Pricoa Private Capital’s provision of senior capital to Real Betis Balompié for the refinancing of the Spanish La Liga football club. Pricoa is part of PGIM, the principal asset management business of Prudential Financial, Inc. 

The Investment Management Corporation of Ontario (IMCO) is investing $400 million in Northvolt AB, an integrated battery platform focused on the R&D, manufacturing, and recycling of sustainable battery cells and systems, from its Fundamental Equities and Global Infrastructure strategies.

Sullivan Street Partners, a UK-based mid-market private equity investor, has supported the bolt-on acquisition of Greenfingers Landscape Ltd by its portfolio company Tivoli Group. The company, which has an annual turnover of £5.5m, adds to Tivoli’s existing £65m in revenues. 

Palatine has made the second investment from its Impact Fund II by investing in waste management and recycling services specialist Roydon Recycling, which is being carved out of the Roydon Group with current CEO, Paul Hodgkiss, continuing to lead the company.  

Nordic Capital is to acquire a majority share in Foxway, a European provider of circular IT services from Norvestor, which will retain a minority interest in the business along with the company’s senior management team.

An affiliate of funds managed by Blackstone has completed the acquisition of Cvent Holding Corp, a meetings, events and hospitality technology provider, for $8.50 per share in cash, representing a total enterprise value of approximately $4.6 billion.

Bain Capital Private Equity has made an all-cash offer to to take Swiss software management company SoftwareOne private, valuing the business at 2.9 billion Swiss francs ($3.21 billion), according to a report by Reuters. SoftwareOne’s board has reportedly responded by saying that the offer “materially undervalues” the company and is not in its best interest or that of the majority of its shareholders. Bain’s offer of 18.50 Swiss francs per share represents a 33% premium to the company’s closing price on 31 May, when it was presented to SoftwareOne’s directors. The company’s shares, which closed at 15.17 Swiss francs on

PAI Partners (PAI) has made a binding offer to acquire a majority stake in the ECF Group (ECF), a business-to-business distributor of equipment and consumables for hospitality and care professionals, from French private equity firm Naxicap Partners (Naxicap).  Under the proposed deal, Naxicap will remain a minority shareholder in the business alongside PAI and the management team. Headquartered in Grigny, France, ECF’s partner- and private-label brands offer over 50,000 products sourced from more than 700 suppliers globally. The majority of sales comprise small equipment and consumables, as well as hygiene products, professional kitchen equipment, and furniture. Today, ECF employs over