Lexington Partners has agreed to acquire up to €1.2bn in LP commitments in BC Partners' 2012-vintage fund, while committing up to €600m to the GP's latest fund.
Catch up on essential news and features from this past week with our round-up of industry analysis
Sweden-based Hexagon, a specialist in Autonomous Connected Ecosystems (ACE) buys Spring
Previous owners Kay and Leo Strålin will reinvest part of the proceeds in the building materials retailer
Investment will fund the acquisition of Wales-based IT skills training business AgileSnap