Fraser Irving

European mid-market buyout house Avedon Capital Partners has agreed to sell conveyor system and parcel sorting business VanRiet to Thomas H Lee-backed Material Handling Systems.

Blackstone has agreed a $4.8bn deal for LaSalle Hotel Properties just days after selling its stake in fellow hotel group Hilton Worldwide.

Software and tech-focused buyout house Thoma Bravo has agreed to sell corporate performance management software provider PowerPlan to Roper Technologies in a $1.1bn deal.

UK buy-and-build specialist Sovereign Capital has scored an 8x return selling outsourced motor insurer accident management business Kindertons to Leonard Green portfolio business ExamWorks.

European private equity investor Main Capital has backed Dutch healthcare HR specialist SDB Ayton.

BGH Capital's record-breaking Australia and New Zealand fund was among a pair of commitments from the $24.2bn-managing San Francisco City & County Employees' Retirement System last month.

Nordic and Baltic states tech investor Karma Ventures is looking to expand it focus across the rest of Europe following the €70m final close of its debut fund.

Missouri-based early-stage investment firm Cultivation Capital has pulled in close to $50m for a pair of new funds targeting the life sciences and tech sectors.

Consumer-focused private equity major L Catterton's Asia unit has bought a 10 per cent stake in Premji Invest-backed Indian fashion business Future Lifestyle Fashions.

The Riverside Company has backed Munich-based e-recruiting technology company GermanPersonnel.