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Caris Life Sciences, the precision oncology firm backed by Sixth Street and JH Whitney, has revised its IPO price range upwards, and is now aiming for a valuation of up to $5.67bn as it prepares to list on the Nasdaq this week, according to a report by Reuters.
PSG, which specialised in partnering with software and technology-enabled services companies to capitalise on transformational growth, has made a strategic growth investment in Button, a mobile commerce optimisation and retail media platform.
Partners Group has acquired MPM Products, a global pet food business focused on premium wet cat food brands, including Applaws, Reveal, and Encore, from 3i.
Hunter Point Capital (HPC) has agreed to acquire a 16.1% stake in Equitix, an international investor, developer, and fund manager in infrastructure, from Tetragon Financial Group, at an implied enterprise value of £1.3bn, excluding net debt.
Carlyle AlpInvest, a subsidiary of Carlyle, has provided $600m in preferred equity financing for Horizon II, a private equity programme run by Federated Hermes Private Equity.
German mid-market private equity firm Vorsprung Management has appointed former Credit Suisse executive Joachim Ringer as Partner, as the firm looks to strengthen its investment capabilities and drive strategic growth across Europe, according to a report by Bloomberg.
Investors are planning to increase private credit and secondaries allocations amid growing macro-economic uncertainty, reflecting a shift toward more defensive investment strategies, according to Coller Capital’s latest Global Private Capital Barometer.
Private equity firm Advent International has agreed to sell Ultra Precision Control Systems (Ultra PCS), a UK provider of high-margin aerospace and defence technologies, to Eaton Corporation for $1.55bn, according to a report by Bloomberg.
KKR has agreed to acquire Zenith Energy, a leading Australian provider of sustainable and hybrid energy solutions, from a consortium of existing investors including Pacific Equity Partners (PEP), OPSEU Pension Trust (OPTrust), and Foresight Group, according to a report by Reuters.
State Grid Corporation of China and Grupo Energía Bogotá (GEB) have entered early-stage discussions to acquire a Brazilian power transmission asset from Brookfield Asset Management, according to a report by Bloomberg citing sources familiar with the matter.
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