IK Partners has signed an agreement to invest in Francks Kylindustri Nordic provider of installation and maintenance of commercial and industrial refrigeration systems through its X Fund. 

European mid-market private equity firm Inflexion is backing the launch of Absolute Financial Group, a new independent financial advice consolidator with £100m of committed funding through its Buyout Fund VI.

Abu Dhabi-based digital infrastructure investor Zero Two has entered into a co-ownership agreement with Warburg Pincus in Evolution Data Centres, the rapidly expanding Southeast Asia-focused data centre platform, the parties announced Tuesday, according to a report by Reuters.

British Columbia Investment Management Corporation (BCI) has returned to the secondaries market with a planned sale of approximately $2bn worth of private equity interests, according to a report by Bloomberg citing sources familiar with the matter.

Apollo Global Management is in advanced talks to acquire German cooling equipment manufacturer Kelvion from buyout firm Triton, according to a report by Bloomberg citing unnamed people familiar with the matter.

Pacific Equity Partners (PEP) is reportedly in advanced negotiations to acquire a controlling interest in Spark New Zealand’s data centre business, in a transaction that could value the unit at over NZD600m ($357m), according to a report by Bloomberg.