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AMERICAS

Arlington Capital completes the acquisition of GovOS from Audax Private Equity.

Arlington Capital, a private investment firm, completed the acquisition of GovOS, a provider of transaction and compliance software, from Audax Private Equity, a middle market investment firm, according to press releases. Financial terms were not disclosed.

Arlington was advised by Prosek Partners (led by Ryan Fitzgibbon). Audax was advised by Guggenheim Partners, Shea & Co, Ropes & Gray (led by Kendrick Chow) and FGS Global (led by Julie Rudnick), according to MergerLinks data and press releases.

Chemtrade Logistics Income Fund to acquire Polytec for $150m.

Chemtrade Logistics Income Fund, a business company that specializes in the processing, handling, and distribution of chemicals and liquid services, agreed to acquire Polytec, a provider of turnkey water treatment solutions, for $150m, according to press releases.

Chemtrade is advised by BMO Capital Markets and Dorsey & Whitney, according to press releases.

Century Pacific North America completes the acquisition of four brands from Atlantic Natural Foods.

Century Pacific North America, a food company, completed the acquisition of four brands, Loma Linda, neat, TUNO, and Kaffree Roma, from Atlantic Natural Foods, a manufacturer of shelf-stable, plant-based foods, according to press releases. Financial terms were not disclosed.

Atlantic Natural Foods was advised by Lately Collective.

Silvi Materials to acquire Eagle Rock Concrete.

Silvi Materials, a construction materials company, agreed to acquire Eagle Rock Concrete, a ready-mix concrete producer, according to press releases. Financial terms were not disclosed.

QuickStart completes the acquisition of Trivera Technologies.

QuickStart, an IT and cybersecurity workforce development firm, completed the acquisition of Trivera Technologies, a provider of advanced technical training, according to press releases. Financial terms were not disclosed.

Lambda targets $4–5bn valuation ahead of potential IPO. (Bloomberg)

Lambda, a cloud infrastructure firm backed by Nvidia, is in talks with investors for a funding round that could value the company between $4bn and $5bn.

Based in California, the company could go public as early as the end of the year and has held preliminary discussions with bankers about potentially leading the offering.

RBC and BMO look to sell Moneris in deal worth up to $2bn. (Reuters)

Royal Bank of Canada and Bank of Montreal have put their joint payments venture, Moneris, up for sale in a deal that could value the business at as much as $2bn.

Moneris, founded in 2000 by the two banks, is one of Canada’s largest payment processors, handling one in every three business transactions nationwide. The company serves around 325k merchant locations with digital, mobile, and in-store payment solutions.

Thoma Bravo seeks $600m debt financing for Olo acquisition. (Bloomberg)

Thoma Bravo has been in talks with private credit lenders to raise $600m in debt to support its purchase of hospitality software firm Olo. The discussions are ongoing, and the terms of any financing could still change.

The private equity firm agreed last month to acquire Olo in a $2bn deal, offering $10.25 per share in cash to take the company private. The transaction is expected to close by the end of this year.

US in talks to take stake in Intel to support Ohio chip hub. (Bloomberg)

The Trump administration is in discussions with Intel about the US government acquiring a stake in the struggling chipmaker. The move reflects the White House’s growing willingness to blur the traditional boundaries between state and industry.

A potential deal would bolster Intel’s long-delayed plans for a massive factory hub in Ohio, which the company once pledged would become the world’s largest chipmaking facility. The size of the possible government stake remains unclear.

Legence files for IPO ahead of potentially active September market. (Bloomberg)

Legence has filed for an initial public offering, positioning itself to be part of what could be a busy September for new share listings.

The San Jose-based company reported a net loss of $27m on revenue of $1.1bn in the first half of 2025, compared with a net loss of $9m on $990m in revenue during the same period last year.

EMEA

KKR and Ocean Yield to acquire CapeOmega from Partners Group.

KKR, an investment firm, and Ocean Yield, a ship owning company, agreed to acquire CapeOmega, a low carbon maritime platform, from Partners Group, a private equity firm, according to press releases. Financial terms were not disclosed.

KKR and Ocean Yield are advised by BAHR and Simpson Thacher & Bartlett (led by Jiaying Zhang). Partners Group is advised by Wikborg Rein, according to MergerLinks data and press releases.

Associated British Foods to acquire Hovis Group from Endless.

Associated British Foods, a diversified international food, ingredients and retail group, agreed to acquire Hovis Group, an integrated bakery business, from Endless, a private equity firm, according to press releases. Financial terms were not disclosed.

ABF is advised by Citigate Dewe Rogerson (led by Claire de Groot) and FGS Global (led by James Murgatroyd), according to MergerLinks data and press releases.

Motive Partners and Apollo to merge Alchelyst and Lyra Client Solutions.

Motive Partners, a private investment firm, and Apollo, a global alternative asset manager, agreed to merge Alchelyst, a full-service fund administrator, and Lyra Client Solutions, a client servicing organization, according to press releases. Financial terms were not disclosed.

Apollo is advised by Paul Weiss Rifkind Wharton & Garrison (led by Matthew Goldstein), according to MergerLinks data and press releases.

U-blox in talks with Advent over possible $1.2bn takeover. (Bloomberg)

Swiss positioning chipmaker U-blox is in negotiations with Advent about a potential transaction that could lead to a takeover. The company noted that it remains uncertain whether the talks will result in a deal.

Advent is preparing an offer to acquire U-blox in a deal that could be worth more than $1.2bn.

Kushner’s private equity firm to acquire 8% stake in UK lender OakNorth. (Sky News)

The private equity firm founded by Jared Kushner, son-in-law of former US president Donald Trump, is set to acquire an 8% stake in OakNorth, the British-based lender pursuing rapid expansion in the US.

It is said that Affinity Partners, which manages billions of dollars in assets, has signed the agreement, with the deal expected to close in the coming weeks.

Evelyn Partners’ owners prepare sale of UK wealth manager. (Financial Times)

Evelyn Partners’ private equity backers are preparing to launch a sale of the UK wealth manager in the coming months, marking the latest major deal in the sector.

Permira and Warburg Pincus are approaching potential buyers, including NatWest, Royal Bank of Canada, other private equity firms, and US wealth managers looking to expand in the UK.

MSQ Partners rules out merger talks with S4 Capital. (Reuters)

London-based marketing agency MSQ Partners has ruled out a potential merger with Martin Sorrell’s advertising group S4 Capital.

The company noted that while discussions may have occurred between its majority shareholder, One Equity Partners, and S4 Capital, its board had no involvement in those talks.

Achmea IM launches a new €250m private equity impact fund. (Press Release)

Achmea Investment Management introduces a new investment fund, a €250m ($292m) impact vehicle targeting companies that contribute to climate action, biodiversity protection, healthy nutrition, and good health.

The fund’s investment strategy is aimed at co-investments, with a focus on the buy-out and growth segments of the private equity market.

APAC

Accenture to acquire CyberCX.

Accenture, a global professional services company, agreed to acquire CyberCX, a cybersecurity services provider, according to press releases. Financial terms were not disclosed.

CK Hutchison sees progress on $22.8bn ports sale with new investor plan. (Reuters)

CK Hutchison said that its $22.8bn ports business sale has a “reasonable chance” of proceeding, helped by a plan to add a major Chinese strategic investor to the buying consortium as it works to ease Sino-US tensions.

The Hong Kong-based conglomerate has faced sharp criticism from Beijing since announcing in March its intention to sell 43 ports across 23 countries — including two near the Panama Canal — to a group led by BlackRock and MSC, the family-run shipping firm of Italian billionaire Gianluigi Aponte.

SoftBank’s PayPay seeks US listing of depositary shares. (Reuters)

SoftBank said that PayPay, its payments app subsidiary, has applied to list American depositary shares in the United States. The company noted that the schedule, size, and price of the planned public listing have yet to be decided.

Earlier this week, it is reported that SoftBank had appointed banks to prepare for a potential US initial public offering, which could raise over $2bn. The listing could take place as early as the final quarter of this year.

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