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AMERICAS
A consortium led by GO Residential REIT to acquire H&R REIT in a CAD6.7bn deal.
A consortium led by GO Residential REIT, including Blackstone Real Estate, Crestpoint Real Estate Investments, PSP Investments, and CRAL, a family office controlled by H&R CEO Tom Hofstedter, agreed to acquire H&R REIT, a Toronto-based Canadian open-ended real estate investment trust, in a CAD6.7bn deal. As part of the transaction, GO REIT will acquire H&R’s US residential and selected office and mixed-use assets, while Blackstone, Crestpoint, PSP Investments and CRAL will acquire certain Canadian industrial and remaining non-core assets, according to press releases.
H&R REIT is advised by CIBC Capital Markets, National Bank Financial, Goulston & Storrs, Miller Thomson and FGS Global (led by Sandy Blackwood). GO Residential REIT is advised by JP Morgan, Blake Cassels & Graydon (Blakes), Pryor Cashman and Skadden Arps Slate Meagher & Flom. Blackstone is advised by Simpson Thacher & Bartlett and Torys. CRAL is advised by BMO Capital Markets and Bennett Jones, according to press releases.
Apollo completes a $1.02bn investment in Starwood Real Estate Income Trust’s affordable housing joint venture.
Apollo Global, a private equity firm, completed a $1.02bn investment in a real estate investment trust Starwood Real Estate Income Trust’s affordable housing joint venture, according to press release.
Apollo Global was advised by Centerview Partners and Paul Weiss Rifkind Wharton & Garrison. Starwood was advised by Bank of America, Barclays, Citigroup, Deutsche Bank, Goldman Sachs, JP Morgan, Morgan Stanley, Natixis Partners and Wells Fargo Securities, according to MergerLinks data and press releases.
Astorg Partners, a pan-European private equity firm, completed the acquisition of the microbiology business of Thermo Fisher Scientific, an American life science and clinical research company, for $1.075bn, according to press releases.
Francisco Partners, an investment firm, agreed to acquire Moneris, a provider of payment processing services intended to facilitate cashless transactions, for CAD2bn, according to press releases.
Francisco Partners is advised by Barclays, Goldman Sachs, Wells Fargo Securities, Kirkland & Ellis and Stikeman Elliott. Moneris is advised by BMO Capital Markets, PJT Partners, RBC Capital Markets, Blake Cassels & Graydon (Blakes), Osler Hoskin & Harcourt and Torys, according to press releases.
Thoma Bravo, a private equity firm, completed the acquisition of Kneat, a provider of digital validation and quality process automation, for CAD650m, according to press releases.
Amneal Pharmaceuticals, an American biopharmaceutical company specializing in the development, manufacturing and distribution of generic and specialty medications, completed the acquisition of Kashiv BioSciences, a biopharmaceutical company specializing in developing and manufacturing biosimilars and complex drug-delivery medicines, from Tarsadia, a private investment management firm, for $1.1bn, according to press releases.
Arkview Capital-backed NEOTech, a provider of electronic manufacturing services, completed the acquisition of Virtex, a provider of electronic manufacturing services focused primarily on the defense market, according to press releases. Financial terms were not disclosed.
Virtex was advised by Lincoln International and Alston & Bird. Arkview Capital was advised by Virtas Partners, Greenberg Traurig, Sheppard Mullin Richter & Hampton and RSM International. Debt financing was provided by PNC, Crestline Investors and Canyon Partners, according to press releases.
Nielsen, an audience measurement, data, and media intelligence company, agreed to acquire DoubleVerify, a software platform to verify media quality, optimize ad performance, and prove campaign outcomes, for $2.15bn, according to press releases.
DoubleVerify is advised by PJT Partners and Paul Hastings. Nielsen is advised by Barclays and Gibson Dunn & Crutcher. Debt financing is provided by Bank of America, Barclays and Citigroup. Providence Equity is advised by Davis Polk & Wardwell (led by Michael Diz), according to MergerLinks data and press releases.
Bernhard Capital Partners, a private equity firm, completed the acquisition of New Mexico Gas Company, a utility company, from Emera, an international energy and services company, for $1.25bn, according to press releases.
Samsonite, a global company in the travel and luggage industry, providing a wide range of products such as suitcases, backpacks, bags, and travel accessories, agreed to acquire 85% stake in BEIS, a lifestyle and travel brand, from Monogram Capital Partners-backed Beach House Group, the Los Angeles-based beauty incubator, for $178.5m, according to press releases.
BEIS is advised by Raymond James, Granderson Des Rochers, Grubman Shire Meiselas & Sacks, Hirschfeld Kraemer and The Lede Company. Samsonite is advised by Bank of America, Ropes & Gray and Joele Frank (led by Michael Freitag and Ed Trissel), according to press releases.
Onex Partners and TriWest Capital Partners, the private equity firms, and certain other co-investors, completed the acquisition of AirSprint, a fractional jet operator in Canada, according to press releases. Financial terms were not disclosed.
Onex Partners and co-investors were advised by RBC Capital Markets, DLA Piper, Goodmans and Kirkland & Ellis. TriWest Capital Partners was advised by Bennett Jones. AirSprint was advised by CIBC Capital Markets, Jefferies & Company and Blake Cassels & Graydon (Blakes), according to press releases and MergerLinks data.
Grain Management, a private equity firm specializing in digital infrastructure investments, completed the acquisition of the 800 MHz spectrum portfolio from T-Mobile, a telecommunications company, for $2.9bn, according to press releases.
Grain Management was advised by BDT & MSD Partners, Goldman Sachs,
Hogan Lovells, Milbank and Black & Veatch. T-Mobile was advised by TAP Advisors and Cleary Gottlieb Steen & Hamilton (led by Christopher R. Moore), according to press releases and MergerLinks data.
KKR, an investment firm, completed the investment in Crowe, a public accounting and consulting firm, according to press releases. Financial terms were not disclosed.
Blackstone-backed Safe Harbor, a marina and superyacht service business, agreed to acquire MarineMax, a recreational boat and yacht retailer, marina operator and superyacht services company, for $1.5bn, according to press releases.
A consortium led by Blackstone, a multinational private equity firm, and La Caisse, a Canada-based investment group, including PSP Investments and British Columbia Investment Management Corporation, agreed to invest CAD2.5bn in Aeroplan, the frequent-flyer program owned by Air Canada, according to press releases.
Aeroplan and Air Canada are advised by Bank of America, Deloitte and Stikeman Elliott. Blackstone is advised by Scotiabank, Blake Cassels & Graydon (Blakes) and Kirkland & Ellis, according to press releases.
Carlyle, a US-based global private equity and alternative asset manager, agreed to acquire a minority stake in Prime Capital Financial, an independent financial services firm, for $600m, according to press releases.
Prime Capital Financial is advised by William Blair, Goldman Sachs, Kirkland & Ellis, Spencer Fane and KPMG. Carlyle is advised by Debevoise & Plimpton, according to press releases.
TPG Mortgage Investment Trust, a residential mortgage real estate investment trust, agreed to merge with Cherry Hill Mortgage Investment, a real estate investment trust, in a $117.5m deal, according to press releases.
TPG Mortgage Investment Trust is advised by Piper Sandler, Freshfields, Fried Frank Harris Shriver & Jacobson and Hunton Andrews Kurth. Cherry Hill Mortgage Investment is advised by Btig and Mayer Brown, according to press releases.
Goldman Sachs Alternatives, the alternative investments division of Goldman Sachs, agreed to acquire Tosca, a global provider of reusable asset pooling solutions for the food supply chain, from Apax, an independent partnership focused solely on long-term investment in growth companies, according to press releases. Financial terms were not disclosed.
Goldman Sachs Alternatives is advised by Bank of America, Goldman Sachs and Sidley Austin. Apax is advised by Deutsche Bank, William Blair & Co and Simpson Thacher & Bartlett (led by Ben Schaye, Keegan Lopez and Ryerson Symons), according to press releases and MergerLinks data.
Spencer Spirit Holdings, a parent company of lifestyle and specialty retail brands, agreed to acquire Hot Topic, an omni-channel merchandise destination, from Sycamore Partners, a private equity firm, according to press releases. Financial terms were not disclosed.
Hot Topic is advised by Jefferies & Company and Kirkland & Ellis. Spencer Spirit is advised by Solomon Partners, Wells Fargo Securities and Fried Frank Harris Shriver & Jacobson. Sycamore Partners is advised by Joele Frank (led by Michael Freitag), according to MergerLinks data and press releases.
Bernhard Capital Partners, a private equity firm, agreed to acquire Bowman Consulting Group, an engineering services and program management firm, for $1bn, according to press releases.
Ryman Hospitality, a lodging and hospitality REIT, agreed to acquire Grande Lakes Orlando Resort, a luxury resort complex in Orlando, from Trinity Investments, a hospitality-focused real estate investment platform, for $1.38bn, according to press releases.
Ryman Hospitality is advised by Bank of America, JP Morgan, Bass Berry & Sims and Greenberg Traurig. Trinity Investments is advised by Prosek Partners, according to MergerLinks data and press releases.
CapVest-backed Second Nature Brands, a producer of premium snacks and treats, completed the acquisition of Tillamook Country Smoker, a long-standing producer of high-quality beef jerky and meat sticks, according to press releases. Financial terms were not disclosed.
Second Nature Brand was advised by Solomon Partners, Willkie Farr & Gallagher (led by Ryan Giggs and David Arnold) and Reputation Inc (led by Ben Valdimarsson). Tillamook Country Smoker was advised by Houlihan Lokey and Kirkland & Ellis, according to press releases and MergerLinks data.
Xylem, a global water technology company, agreed to acquire the Cornell Pump and Roper Pump businesses from CD&R-backed Indicor, a diversified industrial solutions company, for $1.46bn, according to press releases.
Harvest Partners and A&M Capital Partners-backed Med-Metrix completed the acquisition of Vitalware from Health Catalyst for $147m.
Harvest Partners and A&M Capital Partners-backed Med-Metrix, a company specializing in technology-enabled revenue cycle management, completed the acquisition of Vitalware, a company focused on revenue workflow and analytics software, from Health Catalyst, a provider of data and analytics technology services, for $147m, according to press releases.
Trinity Hunt Partners, a private equity firm, completed the investment in Fisher Management Partners, a management consulting firm, according to press releases. Financial terms were not disclosed.
Trinity Hunt Partners was advised by Kirkland & Ellis and MiddleM Creative (led by Jan Morris). Fisher Management Partners was advised by Copper Run and Dinsmore & Shohl, according to press releases.
Vance Street-backed Keltec Technolab, a manufacturer of industrial filtration products and solutions, completed the acquisition of AJR Filtration, a family-owned manufacturer of liquid and dust filtration products, according to press releases. Financial terms were not disclosed.
AJR Filtration was advised by Robert W Baird and Barnes & Thornburg. Vance Street was advised by Lincoln International and Winston Taylor, according to press releases.
Bernhard Capital-backed Optimum Energy, a provider of energy optimization software, completed the acquisition of Hussung Mechanical Contractors, a provider of commercial mechanical system design and construction, according to press releases. Financial terms were not disclosed.
Hussung Mechanical Contractors was advised by Stephens and Calfee Halter & Griswold. Bernhard Capital and Optimum Energy were advised by Fishman Haygood and Prosek Partners, according to press releases.
Eldridge, a holding company, completed the acquisition of a majority stake in Sudolabs, a software development and artificial intelligence services company, according to press releases. Financial terms were not disclosed.
Eldridge was advised by Reed Smith and Prosek Partners. Sudolabs was advised by Houlihan Lokey and Taylor Wessing, according to press releases.
Atlas Merchant Capital, a private equity firm, completed an investment in Edge Focus, a technology-driven investment firm that delivers curated access to consumer-focused private credit, according to press releases. Financial terms were not disclosed. 3
Atlas Merchant Capital was advised by CRB Securities and Calfee Halter & Griswold. Edge Focus was advised by Caliber Corporate Advisers, according to press releases.
AE Industrial Partners, a private equity firm, completed the acquisition of Attilius Technologies, a national security intelligence platform, according to press releases. Financial terms were not disclosed.
AE Industrial Partners was advised by JP Morgan and Stanton PRM, according to MergerLinks data and press releases.
Astara Capital Partners, a middle-market private equity firm, completed the acquisition of Dynatec Systems, a provider of membrane-based industrial wastewater treatment systems and aftermarket products and services, according to press releases. Financial terms were not disclosed.
Astara Capital Partners was advised by Dentons and Robinson Bradshaw, according to press releases.
Soleus Capital, a private equity firm, led a $110m Series C round in Bridge to Life, a developer and supplier of organ preservation and perfusion systems and preservation solutions for transplant centers and organ procurement organizations, with participation from Lauxera Capital Partners, according to press releases.
Bridge to Life was advised by UBS and Morgan Lewis & Bockius, according to press releases.
Private equity firms Macquarie Asset Management, GIC and AI research and development company Anthropic, agreed to form Theseus Infrastructure, a newly formed data centre infrastructure platform established to serve Anthropic, according to press releases. Financial terms were not disclosed.
Lindsay Goldberg, a private equity firm, agreed to acquire a majority stake in Alro Steel, a distributor of metals and performance plastics, according to press release. Financial terms were not disclosed.
Alro Steel is advised by JP Morgan, according to MergerLinks data and press release.
T. Rowe Price, a US-based global asset management company, led a $750m Series G round in Form Energy, an American technology company developing and commercializing a new class of cost-effective, multi-day energy storage systems, with participation from Sequoia Capital, Janus Henderson, Franklin Templeton, PEAK6 Investments, Prelude Ventures, Engine Ventures, TPG Rise Climate, Capricorn’s Technology Impact Funds, Breakthrough Energy Ventures, Dustin Moskovitz, Cari Tuna, Gigascale Capital, Coatue, Energy Impact Partners, NGP, GE Vernova, Blindspot Ventures and M&G Catalyst Fund, according to press releases.
T. Rowe Price was advised by Morgan Stanley, according to press releases.
LB Investment led a $136m Series B round in Point2 Technology, a developer of RF-based interconnect solutions for AI data-center infrastructure. With participation from Maverick Silicon, NVIDIA, Arm, UMC Capital, Molex and Bosch Ventures, according to press release.
Point2 Technology was advised by Racepoint Global, according to press releases.
Mudrick Capital Management, a private equity firm, led a $100m round in Vertical Aerospace, a UK aerospace and technology company, with participation from Yorkville Advisors and other investors, according to press release.
Mudrick Capital is advised by Wachtell Lipton Rosen & Katz (led by Igor Kirman and Victor Goldfeld), according to MergerLinks data and press release.
HIG Capital, an alternative asset investment firm, completed the acquisition of Phoenix ME, a UK-based mechanical and electrical engineering contractor, according to press releases. Financial terms were not disclosed.
General Catalyst, a venture capital firm, and AMP PBC, a public benefit corporation, led a $1.1bn Series A round in River AI, a full-stack AI company, with participation from NVIDIA, AMD Ventures, Y Combinator and Temasek, according to press releases.
ICONIQ, Lightspeed and avra, venture capital firms, led a $545m Series G round in Whatnot, a live-streaming shopping platform, with participation from Kleiner Perkins, Robinhood, Standard Capital, Bond Capital, CapitalG, Durable Capital Partners, DST Global and Greycroft, according to press releases.
8090 Industries, a venture capital firm, and Hanwha Asset Management, a comprehensive asset management company, led a $225m funding round in Panthalassa, a renewable energy and ocean technology company.
Ashland explores potential sale after takeover interest. ( Bloomberg)
Ashland is exploring a potential sale after receiving takeover interest and is working with Citigroup and Lazard to engage with strategic and financial bidders.
Private equity firms including Advent, Apollo and Carlyle have shown interest, alongside major shareholder Standard Industries.
Protein coffee brand Javvy explores sale. ( Reuters)
Javvy is exploring a sale that could value the functional beverage company at around $1bn. The South Carolina-based business has hired Houlihan Lokey to run the process, which is still at an early stage.
Founded in 2020, Javvy sells protein coffee powders, concentrates and other functional drinks and generates nearly $300m in annual revenue. Its backers include Amberstone Ventures, Platinum Mile Ventures and Selva Ventures.
Formlabs is in early discussions with potential advisers about an initial public offering that could raise approximately $500m.
The SoftBank-backed 3D printer manufacturer was valued at around $2bn in a 2021 funding round led by SoftBank Vision Fund 2.
SEC settles charges over SpaceX, Klarna, pre-IPO share fraud. ( Reuters)
The US Securities and Exchange Commission has brought settled fraud charges against Adit Ventures Management, its founder and three partners over pre-IPO investments in companies including Klarna and SpaceX.
The regulator alleged that Adit misrepresented investments and used client funds for its own benefit. The firm agreed to a settlement involving disgorgement and a civil penalty without admitting the allegations, while founder Eric Munson denied the claims.
Legal AI startup Harvey is in talks to raise at least $500m at a valuation of about $15.5bn, including the new investment. Lightspeed Venture Partners has expressed interest in leading the financing.
The proposed valuation would be about 40% above the $11bn level Harvey reached in its $200m funding round in March 2026. The company, which provides AI tools for law firms and legal teams, has increased annualised revenue to more than $350m from about $190m in January 2026.
Start-up bank backed by Palmer Luckey set to raise $1.5bn. ( FT)
Palmer Luckey-backed Erebor is in advanced talks to raise about $1.5bn at an $8bn pre-money valuation, nearly doubling its previous $4.35bn valuation. The startup bank has attracted rapid growth from clients across technology, AI, defense and crypto.
Lux Capital, Human Capital, Valor Equity Partners, Andreessen Horowitz and SV Angel are expected to participate in the financing. Erebor’s deposits have reportedly grown from about $1bn in March to roughly $4bn, though terms of the fundraising could still change.
EMEA
Apollo, an American asset management firm, offered to acquire easyJet, a British low-cost airline and package holiday multinational group, for £5.7bn ($7.7bn), according to press releases.
Madison International Realty, a real estate investment manager, agreed to acquire a minority stake in TPG-backed Home & Co, a vertically integrated student housing and micro-living real estate platform, according to press releases. Financial terms were not disclosed.
Home & Co is advised by Rueckerconsult. Madison is advised by Cushman & Wakefield, Fieldfisher and FTI Consulting. TPG is advised by Ernst & Young, JLL Corporate Finance, Freshfields and Brunswick Group, according to MergerLinks data and press releases.
Partners Group, a global private equity firm, agreed to acquire a majority stake in AVK Power Solutions, a supplier of innovative power solutions for data centres and AI infrastructure, according to press releases. Financial terms were not disclosed.
AVK is advised by Rothschild & Co. Partners Group is advised by Altman Solon, Ernst & Young, PricewaterhouseCoopers, A&O Shearman, Clifford Chance and Arcadis, according to MergerLinks data and press releases.
A consortium of investors, consisting of Voyager Interests, TAEF and Zamil Group Investment Company, agreed to invest in CRTS Global, a company specializing in internal and external pipeline field joint coating, according to press releases. Financial terms were not disclosed.
CRTS Global is advised by PJT Partners and DLA Piper. TAEF and Zamil Group is advised by Dentons, according to press releases.
OpenGate Capital, a private equity firm, agreed to acquire Maersk Training, a provider of workforce training, consulting, and competency development services for the energy, maritime, and industrial sectors, and Maersk H2S Safety Services, a provider of gas safety equipment, personnel, and related safety services for the energy industry, from A.P. Moller - Maersk Group, an integrated transport and logistics company, according to press releases. Financial terms were not disclosed.
OpenGate Capital is advised by Profile Advisors, according to press releases.
Flying taxi-maker Vertical Aerospace to land fresh $100m capital injection. ( Sky News)
Vertical Aerospace is seeking to raise about $100m in fresh equity to support the development and commercialisation of its electric aircraft. Around $35m is expected to come from existing institutional investors, with Mudrick Capital Management and Yorkville Advisors among the main backers.
The fundraising comes shortly after the company entered advanced talks with the UK government over a grant of up to £10m ($13.5m) for domestic production facilities. Vertical Aerospace is developing its six-seat Valo electric aircraft and is targeting certification in 2029.
APAC
Onto Innovation completes the acquisition of a 27% stake in Rigaku from Carlyle for $710m.
Onto Innovation, an American semiconductor company, completed the acquisition of a 27% stake in Rigaku, a manufacturer and distributor of scientific, analytical and industrial instrumentation, from Carlyle, an American multinational alternative asset management firm, for $710m, according to press releases.
Onto Innovation was advised by Goldman Sachs, Greenhill & Co, Nishimura & Asahi and Simpson Thacher & Bartlett (led by Joseph Conahan). Debt financing was provided by Goldman Sachs. Rigaku was advised by Mori Hamada & Matsumoto. Carlyle was advised by Mitsubishi UFJ Morgan Stanley Securities, Latham & Watkins and Nagashima Ohno & Tsunematsu, according to press releases and MergerLinks data.
Danantara, a sovereign investment platform, agreed to acquire a 25% stake in the Australia and New Zealand operations of JBS, a meat processing and food company, for $2.5bn, according to press releases.
JBS is advised by Ernst & Young, De Brauw Blackstone Westbroek and MinterEllison. Danantara is advised by Barrenjoey Capital Partners, Boston Consulting Group, PricewaterhouseCoopers and A&O Shearman, according to press releases.
I Squared Capital, a private equity investment firm, agreed to acquire oOh!media, an out-of-home advertising company providing digital billboard, transit advertising, and retail media services, for $733m, according to press releases.
I Squared Capital is advised by JP Morgan, White & Case and Brunswick Group. oOh!media is advised by UBS Securities Australia, Mallesons and Sodali & Co (led by Stephen McMahon, Ryan Thompson and Saskia West), according to press releases and MergerLinks data.
Coatue, a global investment manager, NVIDIA, an American multinational technology company, Blackstone Tactical Opportunities, an investment platform, Blackstone, a multinational private equity firm, and Jane Street, a global quantitative trading firm, completed a $2bn investment in Firmus, a provider of AI infrastructure and cloud computing services, according to press releases.
Firmus was advised by Sodali & Co (led by Stephen McMahon), according to press releases.
Situational Awareness buys stake in Taiyo Yuden, shares rise. ( Bloomberg)
Situational Awareness disclosed a stake in Japanese electronic components manufacturer Taiyo Yuden, building its ownership to as much as 16.61% before subsequently reducing the position.
Regulatory filings showed the hedge fund later cut its holding to 4.41%. The disclosure prompted a rise in Taiyo Yuden's share price as investors assessed the fund's involvement in the company.
Mubadala weighs $6.3bn Japan AI data center investment. ( DealStreetAsia)
Mubadala Investment is considering investing up to JPY1tn ($6.3bn) to develop a 500-megawatt AI data center in Japan’s Akita prefecture.
The project could become Japan’s largest data center and may also attract additional foreign and domestic investors.
EQT offers $4.9bn to buy Australia's Cleanaway waste. ( Bloomberg)
EQT has offered to acquire Cleanaway Waste Management in a deal valuing the listed company at about AUD6.9bn ($4.9bn).
EQT has proposed to acquire all of Cleanaway's shares in cash, with the company's board recommending that shareholders accept the offer. Cleanaway will also grant EQT nine weeks of exclusive access to its books to negotiate a binding agreement.
Philippines' First Gen eyes take-private deal from KKR at $2.7bn valuation. ( Deal Street Asia)
KKR has launched a mandatory takeover offer for Philippines-based First Gen that values the company at about PHP165.44bn ($2.7bn). The offer follows KKR's agreement to acquire an 8.43% stake in First Gen from its parent, First Philippine Holdings.
The transaction is expected to trigger a mandatory tender offer for the remaining 11.67% public float, potentially supporting First Gen's voluntary delisting from the Philippine Stock Exchange.
TPG agrees to buy South Korea's Lotte Rental for $925m. ( Bloomberg)
TPG Capital has agreed to acquire a 61.2% stake in South Korea's largest car-rental company, Lotte Rental, reviving a sale process that had previously stalled after an earlier proposed transaction faced regulatory obstacles.
The deal values Lotte Rental at approximately KRW1.31tn ($925m) and is subject to regulatory approvals and customary closing conditions.
KV Asia weighs exit from Indonesian personal care company. ( DealStreetAsia)
KV Asia Capital is exploring a potential exit from an Indonesian beauty and personal care company, with advisers sounding out prospective buyers for its stake.
Domestic investment firms and global strategic investors have been approached to gauge interest in a potential acquisition.
KKR-backed LEAP India's $260m IPO fully subscribed on final bidding day. ( Reuters)
KKR-backed LEAP India’s $260m initial public offering was fully subscribed on the final day of bidding, with particularly strong demand from non-institutional investors. The supply chain company is seeking a valuation of about $734m.
The IPO includes a $50.3m fresh issue and a $209.7m offer-for-sale, mostly by KKR-backed Vertical Holdings II. LEAP India also raised INR7.43bn ($77.96m) from anchor investors, with shares set to begin trading on August 14.
Mitsubishi-backed PE weighs exit from SG logistics firm BHS Kinetic. ( DealStreetAsia)
AIGF Advisors is exploring an exit from BHS Kinetic, a Singapore-based logistics services provider, as the private equity firm evaluates options to monetize its investment.
The review remains ongoing and could involve discussions with potential buyers. AIGF acquired a significant stake in BHS Kinetic in 2022 through its ASEAN-focused private equity strategy.
China's GigaDevice commits $100m to Yunfeng's $2bn fund. ( DealStreetAsia)
GigaDevice Semiconductor has committed $100m to a new US dollar-denominated fund managed by Yunfeng Capital, supporting the private equity firm's latest fundraising initiative. The investment forms part of Yunfeng Capital's effort to raise a fund of approximately $2bn.
The commitment reflects continued interest from corporate investors in partnering with private equity managers focused on technology and growth opportunities.
Accel has closed its ninth India-focused venture capital fund at $550m, strengthening its commitment to backing early-stage startups across sectors including artificial intelligence, fintech, consumer technology and advanced manufacturing.
The new vehicle forms part of a broader global fundraising effort and follows Accel's previous $650m India fund raised in 2025. The firm expects to continue supporting early-stage companies in India while maintaining significant capital available for future investments.
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