Deals
Audax Private Equity, a mid- to lower-mid-market investor, has sold Colony Hardware, a distributor of construction materials and jobsite supplies, to White Cap, a distributor of specialty construction supplies and safety products for professional contractors. The terms of the transaction were not disclosed.
GBL is set to invest €0.5bn of equity to acquire a co-controlling minority stake in Rayner from CVC Capital Partners VIII. GBL will partner with CVC and Rayner’s management team to support Rayner in its international growth ambitions.
TPG has signed definitive agreements to acquire a majority stake in Sabre Industries, Inc. It will make the investment through TPG Rise Climate, the firm’s dedicated climate investing platform. Funds managed by Blackstone Energy Transition Partners, which first invested in Sabre in 2021, will retain a significant minority stake and continue Blackstone’s partnership with the company.
A consortium led by Advent International and FedEx has agreed to acquire European parcel locker operator InPost for €15.60 per share, valuing the company at approximately €7.8bn ($9.2bn), according to a report by Reuters.
Permira and Warburg Pincus have agreed to sell UK wealth manager Evelyn Partners to NatWest Group in a deal valued at £2.7bn, marking a major consolidation in the UK private banking and wealth management sector and a significant liquidity event for the PE firms.
An affiliate of alternative investment firm HIG Capital has completed the acquisition of CargoTuff, a manufacturer and distributor of load securement products. CargoTuff’s management team, led by Co-CEOs Helmut Elze and Selim Akdogan, will continue to lead the company.
Blackstone is finalising a loan of more than AUD5bn ($3.5bn) to support the data centre expansion of Australian AI infrastructure firm Firmus Technologies, according to a report by Bloomberg citing people familiar with the matter.
Gerard Piqué’s Kings League has raised $63m in new funding, led by growth equity investor Alignment Growth, to support its global expansion, including a push into the US market, according to a report by PE Insights.
An investor group led by private investment major KKR & Co has agreed to acquire Singapore-based data centre operator STT GDC Pte for SGD6.6bn ($5.2bn) in cash, marking the latest major transaction in the digital infrastructure sector, according to a report by Bloomberg.
Mid-market investor Bridgepoint has sold its stake in Flexitallic, a global provider of highly engineered sealing and joint integrity solutions, to Compagnie Générale des Établissements Michelin. Bridgepoint will fully exit its holding, having first partnered with Flexitallic in 2013.
Events
12 November, 2026 – 8:00 am
12 November, 2026 – 5:00 pm
