PE Hub Wire

American Securities and CD&R sell FBM to Lowe’s for $8.8bn; Apollo bets on IT services with Trace3 deal

FTV Capital and Lead Edge Capital are also making a minority investment in Highway, a tech provider that aims to reduce fraud.

KKR-backed Fortifi Food Processing extends buying spree; DuPont, Venator to test market for Viance, sources say

Core Industrial Partners invested in Immec, a South Circle, Georgia-based provider of maintenance, retrofit and renovation services.

Dynamix’s Andrejka Bernatova: Europe’s fragmented power market limiting scalability; Axcel plans business law internationalization with new platform

AGRD Partners is a legal services group made up of six business law firms in Sweden.

Yellow Wood, Sojourner bank on brands like ChapStick and Yardley London; Cash flow is king, according to BDO survey

Yellow Wood-backed Suave has launched 34 new products across hair care, body care and men’s care categories in the last two and a half years.

PAI Partners’ Frédéric Stévenin: ‘Robust pipeline of opportunities in Europe’; Advent makes take-private bid for positioning and comms company U-blox

Inspired is a UK-based commercial energy and sustainability advisor.

Blackstone, Serent among GPs investing in gambling; UK mid-market sees rise in bolt-on deals, says Quantify Advisors; Partners Group strikes LNG deal

CapeOmega is a low carbon maritime platform.

Data center infrastructure drives exits, like Golden Gate’s sale of DMC Power to Hubbell and LFM’s sale of Accelevation to Olympus

Energy Capital, One Equity and Tailwind are some of the PE firms making deals in energy and power infrastructure.