Ensign Natural Resources, an exploration and production company operating in the Eagle Ford Shale in South Texas, formed in 2017 in partnership with Warburg Pincus, is selling its assets to Marathon Oil, for a total cash consideration of $3.0 billion, including closing adjustments.

Cinven is to acquire TaxAct for approximately $720 million with the company set to be combined with Cinven’s existing portfolio company Drake Software under a single holding company to create a full-service tax ecosystem provider.

Private equity funds managed by Blackstone are to acquire Emerson’s Climate Technologies in a transaction valuing the business at $14.0 billion. 

Shares in UserTesting Inc jumped by more than 92% to $7.42 after Thoma Bravo and Sunstone Partners revealed plans to take the customer feedback platform private in an all-cash $7.50 per share deal worth about $1.3 billion, according to a report by Reuters.

Nuveen, the investment manager of TIAA, is to acquire a controlling interest in Arcmont Asset Management, a European private debt investment manager with $21 billion in committed capital, in a deal reportedly worth over $1 billion.

Mayfair Equity Partners (Mayfair), a dedicated technology and consumer investor, has sold Pixomondo (PXO), an Oscar and Emmy award-winning virtual production, visualisation and VFX company, to Sony Pictures Entertainment (SPE), a subsidiary of Tokyo-based Sony Group Corporation.  Financial terms of the deal have not been disclosed.   PXO, which is known for its work on premium content including Sony Pictures Television’s The Boys, as well as Game of Thrones, House of the Dragon, and the upcoming Avatar: The Last Airbender, maintains three LED sound stages and seven offices in the US, UK, Germany, and Canada.   PXO will continue to

TOP STORY: Toshiba Corp could be taken private by a consortium led by private equity firm Japan Industrial Partners (JIP) in a deal that vales the business at about $16.1 billion (JPY2.4 trillion), according to a report by Bloomberg.