PE Hub Staff

TA Associates is buying a majority of Wealth Enhancement Group from Lightyear Capital. Financial terms weren’t announced. Wealth Enhancement, of Plymouth, Minnesota, is a wealth management firm that oversees $11.8 billion in client assets. Raymond James provided financial advice to Wealth Enhancement Group.

Clayton, Dubilier & Rice said July 30 that it completed the sale of Tranzact to Willis Towers Watson for $1.3 billion.

London Stock Exchange Group plc agreed Aug. 1 to buy Refinitiv, a financial data provider, for about $27 billion. The deal will result in Refinitive shareholders, including Blackstone and Thomson Reuters, owning about 37 economic interest and less than 30 percent of total voting rights of the LSEG.

J.C. Flowers & Co LLC said Aug. 1 that it sold Acuon Capital to Baring Private Equity Asia. Financial terms weren’t announced. Acuon, of Seoul, is a consumer finance and leasing company with a $3.9 billion total loan portfolio and 335,000 customers.

PCS Retirement LLC, which is backed by LLR Partners, has acquired Aspire Financial Services, a provider of smart retirement solutions, serving advisers, plan sponsors and third-party administrators. No financial terms were disclosed.

GI Partners has acquired Hartford, Connecticut-based Insurity Inc, a software platform for the property and casualty insurance industry. No financial terms were disclosed. Insurity was backed by TA Associates, General Atlantic and Genstar Capital.

Mitsubishi UFJ Trust and Banking Corporation has acquired First State Investments, an investment manager, from Commonwealth Bank of Australia. The purchase price is $2.7 billion.

KKR said Aug. 4 is buying a majority of heidelpay. Financial terms weren’t announced. AnaCap Financial Partners is the seller. Heidelpay, of Heidelberg, Germany, is a European payments provider.

Growth Street Partners said Aug. 6 that it acquired a minority stake in Suralink. Financial terms weren’t announced. Suralink provides workflow software for the accounting industry.

Lovell Minnick Partners said Aug. 7 that it agreed to sell its investment in Worldwide Facilities LLC to Genstar Capital. Financial terms weren’t announced. Worldwide, of Los Angeles, is a national wholesale insurance brokerage, managing general agent and program underwriters in the U.S.