Global private equity and venture capital deal value and volume continued their downward trend in June, with total deal value for the month slipping 59.3 per cent year on year to $27bn from $66.4bn in the same period a year ago, according to a report by The Business Times. The report cites S&P Global Market Intelligence data as also revealing the the number of deals recorded in June fell by 44.9 per cent to 847, from 1,536 in same period last year. The highest monthly deal value was seen in the US and Canada – $13.4bn across 301 transactions –

Cap10, a pan-European, mid-market private equity firm based in London, has made its first acquisition, acquiring 100% of Sureserve Group, a compliance and energy services business, in a take private deal that values the company at £214m. Sureserve, an energy and compliance services provider to the social housing sector in the United Kingdom, specialises in the provision of inspection, compliance, maintenance, and installation services in the areas of heating, insulation, and renewable energy. Cap10 says Sureserve is set to play a key role in reducing fuel poverty and achieving UK’s Net Zero targets, supporting the energy transition journey of social

Vector Capital, a San Francisco-based private equity firm focused on investments in technology businesses with over $4 billion of capital across its private equity and credit strategies, has acquired Riverbed Technology, an IT enterprise solutions provider for global organisations.

Clearlake Capital Group and Symphony Technology Group, have completed the sale of Archer Technologies, a provider of integrated risk management cloud software solutions, to international private equity firm Cinven. Terms of the transaction have not been disclosed.

Nordic Capital has agreed to sell Macrobond, a global provider of software and macroeconomic and financial data, to Francisco Partners, a private investment firm that specialises in partnering with technology businesses. 

IK Partners’s IK IX Fund has completed its acquisition of Medica Group, a teleradiology and imaging solutions provider in the UK, Ireland and the US. The deal, IK’s fourth platform investment in the UK, was made through Moonlight Bidco, a newly incorporated wholly owned subsidiary of funds advised by IK.

Private investment firm Ardian has agreed to sell its majority stake in Cubes Holding, a provider of professional audio technology and audio, video, light and media solutions, to Providence Equity Partners – a PE firm focused on media, communications, education, and tech investments

Global private investment firm HarbourView Equity Partners has agreed to purchase select recorded music and publishing assets of multi-platinum selling, Grammy and Golden Globe nominated recording artist Wiz Khalifa (Wiz).