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Los Angeles-based PE firm Platinum Equity Partners has agreed to sell Worldwide Flight Services to Cerberus Capital Management for €1.2bn.
Bain Capital has agreed to buy sports apparel business Varsity Brands from Charlesbank Capital Partners and Partners Group.
Property technology-focused venture capital firm MetaProp has closed its second vehicle on $40m, making it more than 50 per cent oversubscribed.
EQT – alongside PSP Investments – has entered exclusive discussions to acquire specialty chemicals and food ingredients distributor Azelis from Apax Partners.
UK private equity firm Dunedin has invested £44m in Global Processing Services in what is said to be the UK’s 3rd largest fintech financing of 2018.
IK Investment Partners has bought the business accounting services division of KPMG Sweden.
Warburg Pincus has agreed to buy Supplier Assessment Services from Capita.