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EQT acquires PropertyGuru; TA Associates to sell shares of Auction Technology

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Deal Wrap is updated as of 3 p.m. ET.

– EQT Private Capital Asia acquired Singapore-based PropertyGuru Group Ltd. for US$6.70 per share in a transaction that values the property technology company at an equity value of about US$1.1 billion.

– TA Associates Management LP agreed to sell 15,337,625 shares of UK-based auction marketplace operator Auction Technology Group PLC.

– Index Ventures led a $22 million funding round for San Francisco-based Cartesia AI Inc., a developer of AI models.

For more private equity deals, read our latest In Play report, which looks at potential private equity-backed M&A, including rumored transactions, each week.