Deals
Global alternative asset manager The Carlyle Group has signed a definitive agreement to acquire up to 100% of South Korea-based Chung Ho Group, a leading provider of subscription-based home and healthcare appliance rental services, for a reported $700m.
Private investment major Apollo Global Management has abandoned its proposed £1.5bn takeover of London-listed Bodycote plc, marking another setback in the firm’s efforts to acquire listed UK industrial assets, according to a report by the Financial Times.
TOP STORY: New York-based fund administration group Gen II Fund Services, which is backed by Hg and General Atlantic, is exploring a potential sale that could value the business at up to $6bn, according to a report by the Financial Times citing unnamed market sources.
Private equity investment in software companies has fallen sharply in 2026, hitting its weakest level since the Covid-19 pandemic, as concerns over AI reshape expectations for the sector’s long-term earnings power and business models, according to a report by the Financial Times citing data from PitchBook.
Oxford BioMedica has indicated it could consider a private equity takeover under the right circumstances, even after rejecting multiple unsolicited approaches from Sweden’s EQT earlier this year, according to a report by the Financial Times citing comments from its chief executive.
LaserAway, a US medspa and aesthetic dermatology operator backed by Ares Management and Seidler Equity Partners, is exploring a potential sale that could value the business at more than $2bn, according to a report by Reuters citing unnamed people familiar with the situation.
Sixth Street has agreed to acquire a minority stake in private equity-backed commodities data and analytics provider Kpler in a transaction valuing the business at more than $3.7bn, according to a report by Reuters citing unnamed people familiar with the matter.
Liftoff, which is backed by Blackstone, has raised $437m in its revived US initial public offering, pricing above the marketed range and marking a successful return to the public markets after an earlier attempt was withdrawn, according to a report by Bloomberg.
Shareholders of Finnish elevator manufacturer Kone have approved the company’s proposed $34bn acquisition of German rival TK Elevator, which is backed by private equity firms Advent International, Cinven, according to a report by Reuters.
European private equity firm Triton Partners has finalised a deal to acquire Flender GmbH, an industrial drive systems manufacturer, from private investment major Carlyle Group in a transaction reportedly valued at around €3bn ($3.5bn).
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
