Private equity-backed South African bottle maker Consol has scrapped its plans for an IPO on the Johannesburg stock exchange amid "challenging market conditions".
UK-based private equity house NorthEdge Capital has picked up a majority stake in commercial fleet management business Prohire through an MBO of the business.
An investor group led by Searchlight Capital Partners has agreed a $2bn take-private deal for business phone, video conferencing and communications company Mitel.
UK-based Inflexion Private Equity is back on the fundraising trail with the follow-ups to a £1bn pair of funds it closed four years ago, AltAssets can reveal.