Legence, a San Jose-based engineering and maintenance services provider backed by Blackstone, has raised $728m in its US initial public offering, pricing 26 million shares at $28 each, according to a report by Reuters.

PAI Partners has sold part of its holding in Belgian infrastructure services provider Infra Group to a group of investors led by ICG, in a deal that values the business at around €3bn ($3.5bn), according to a report by Bloomberg citing people familiar with the matter.

Chicago-based private equity firm Pritzker Private Capital is exploring a sale of Sprayway, the cleaning products brand owned by its portfolio company PLZ Corp, according to a report by Reuters citing unnamed people familiar with the matter.

Robert W Baird & Co has acquired a minority stake in Canadian alternative asset manager Sagard Holdings Inc, becoming the firm’s first US institutional investor in the process, according to a report by Bloomberg.

Private equity firm PAI Partners has agreed to sell Italian eyewear manufacturer Marcolin to US-based VSP Vision, owner of Marchon, marking the conclusion of a protracted sales process that attracted interest from some of the sector’s biggest players, according to a report by Reuters.

US private equity giant KKR has entered the formal sale process for PRS REIT, the London-listed residential property investor, joining specialist property investor Long Harbour which has already submitted a bid for the business, according to a report by Reuters.

Levine Leichtman Capital Partners is weighing a sale of its stake in Global Loan Agency Services, the London-headquartered debt administration specialist, in a move that could value the company at around £1bn ($1.3bn), according to a report by Reuters.

Advent International is preparing to syndicate the debt package backing its $4.8bn acquisition of most of Reckitt Benckiser’s home-care division, placing a sizeable tranche with a group of relationship banks before opening the deal to institutional investors, according to a report by Bloomberg.