Brightstar Capital Partners, a private equity firm focused on investing in business services, industrials, consumer, and government services and technology companies, has acquired PlayAGS, a global full-service gaming supplier of high-performing slot, table, and interactive products.

Torrent Pharmaceuticals has entered into a definitive agreement to acquire private equity firm KKR’s controlling stake in JB Chemicals & Pharmaceuticals in a transaction valued at approximately $1.4bn, marking one of the largest healthcare M&A deals in India this year, according to a report by Bloomberg.

TorQuest Partners, the Canadian mid-market private equity firm, has acquired GlassRatner Advisory & Capital Group and B Riley Farber Advisory – collectively known as GlassRatner – from B Riley Financial, in a $118m transaction, according to a report by Bloomberg.

Global private equity firm CVC, through its CVC Diversified Infrastructure Fund (CVC DIF), has entered into a strategic partnership with National Central Cooling Company PJSC (Tabreed) to acquire PAL Cooling Holding from Multiply Group, with the transaction implying an equity valuation of approximately AED3.8bn ($1.03bn), according to a report by Reuters.

Private equity giant Warburg Pincus has acquired a majority stake in Uvex, the German safety and sports equipment company best known for its ski helmets and protective eyewear, in a transaction valued at approximately €800m, according to a report by Bloomberg.

HIG Capital is preparing to launch a formal sale process for Interpath Advisory, the former KPMG restructuring unit it acquired in 2021, with a target valuation of approximately £800m, according to a report by the Financial Times.

Advent International- and KKR-backed NIQ Global has filed for an initial public offering in the United States, signalling renewed confidence among private equity sponsors as IPO activity continues to rebound.