UK-listed thermal processing specialist Bodycote has confirmed it is evaluating competing takeover proposals from private equity firms CVC Advisers and Veritas Capital, with each valuing the business at approximately £1.56bn, according to a report by Reuters.

Private equity firms 65 Equity Partners and Tower Capital Asia are exploring a potential sale of Asia-Pacific corporate services provider Boardroom, with the business reportedly expected to attract significant interest from global buyout firms, according to a report by Bloomberg.

Bain Capital has agreed to acquire global bubble tea brand Gong cha from TA Associates, marking the exit of the private equity firm’s seven-year investment in the fast-growing beverage franchise.

Private capital is accelerating investment into AI infrastructure across emerging markets, with private equity, private credit and venture capital firms deploying record levels of capital into data centres, digital infrastructure and AI-related assets during the first half of 2026, according to a report by Bloomberg.

Procter & Gamble has agreed to acquire nutritional supplements company Thorne in an all-cash deal valued at $3.8bn, providing private equity firm L Catterton with a lucrative exit just three years after taking the business private, according to a report by Bloomberg.

Francisco Partners has agreed to acquire a majority stake in construction software provider Command Alkon from Thoma Bravo, marking the latest PE transaction involving vertical software assets despite a more selective market for technology exits.

Offshore law firm Appleby is exploring a potential private equity investment, as financial sponsors continue to target professional services businesses and alternative legal services platforms, according to a report by the Financial Times.