Buyout firm Hg Capital has agreed to acquire US financial software provider OneStream in an all-cash take-private transaction valuing the company at $6.4bn, less than two years after the company completed its listing on Nasdaq.

Private equity firm D1 Capital Partners has led a $1bn investment round into Kraken Technologies, the energy software arm of Octopus Energy Group, being spun out of the UK-based clean energy group as an independent company at a valuation of $8.65bn.

TDR Capital and Clayton, Dubilier & Rice – the PE owners of UK supermarket chains Asda and Morrisons respectively – have raised a combined £6.5bn through the sale of property assets, as both groups seek to reduce debt accumulated during highly leveraged buyouts, according to a report by the Financial Times.

Washington-based private equity firm Arlington Capital Partners has agreed to sell its portfolio company Stellant Systems, Inc to aerospace components specialist TransDigm Group in a transaction valued at $960m, according to a report by Bloomberg.

US private equity giant KKR & Co has gained first negotiation rights to acquire Japanese herbal health tonic manufacturer Yomeishu Seizo Co, in a move that could see the company taken private in early 2026, according to a report by Bloomberg.

Growth equity firm General Atlantic is investing hundreds of millions of dollars in Mexican football, acquiring a significant minority stake in one of the country’s most successful clubs and its flagship stadium, ahead o the 2026 FIFA World Cup, according to a report by Bloomberg.

Stonepeak, an alternative investment firm specialising in infrastructure and real assets, is to acquire a 65 per cent stake in BP’s Castrol lubricants business for approximately $6bn in a deal that values the unit at $10.1bn.

Private equity firm Permira has agreed to sell Italian luxury sneaker brand Golden Goose to Chinese investment group HSG in a transaction valuing the business at just over €2.5bn, according to a report by Bloomberg.