Deals
Software investment specialist Thoma Bravo, in partnership with Sunstone Partners, a growth-oriented private equity firm, has completed its acquisition of UserTesting Inc, a specialist in “video-based human insight”, in an all-cash transaction valued at approximately $1.3 billion.
HIG Capital, a global alternative investment firm with $53 billion of equity capital under management, has sold its portfolio company Medusind to Alpine Investors (Alpine). Terms of the transaction have not been disclosed.
KKR is making an additional $1.15 billion commitment to expand its global portfolio of leased commercial aircraft in partnership with Altavair. The investment will come from KKR’s credit and infrastructure funds.
Bain Capital Private Equity is to pay $400 million to acquire a stake in renewable fuel producer EcoCeres Inc, as part of its programme to increase the firm’s sustainable investments, according to a report by Reuters.
FSN Fund VI, a Northern European private equity investment firm, and funds advised by Verdane, a European specialist growth equity investor, have invested approximately €135 million in Polytech, a specialist in rotor-blade technical solutions for wind turbines.
Global investment firm Carlyle has led a $55m Series B investment round in Hack The Box, a cybersecurity upskilling and talent assessment platform, with a global community of more than 1.7 million members and a portfolio of more than 1,500 enterprise, government and university customers.
The new investment will aim to accelerate Hack The Box’s growth trajectory with a focus on further building out its “gamer-first” solutions offering, with ultra-realistic coding gameplay.
Carlyle has a longstanding track record of infrastructure software and cybersecurity investments, including in 1E, Eggplant, ManTech, Coalfire, iC Consult, NetMotion, ITRS, Booz Allen Hamilton and
The Carlyle Group has paid around $300 million to acquire a majority (70%) stake in VLCC, an Indian beauty care and wellness solutions provider, according to a report by Reuters.
Vista Equity Partners, a global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, has agreed a $2.6 billion deal to acquire Duck Creek Technologies, a solutions provider in the property and casualty (P&C) insurance sector.
Horizon Capital has exited its investment portfolio company AgriBriefing with a sale of the business to Five Arrow-backed Mintec, delivering 3x return on invested capital in the process.
Lone Star Funds has held talks about acquiring Titan Acquisition Holdings from owners Carlyle Group Inc and Stellex Capital Management in a deal that could value the military contractor at about $2 billion, according to a report by Private Equity Insights.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
