Drive-thru beverage business 7 Brew gets backing from Blackstone Private equity giant Blackstone has announced new growth investment in 7 Brew, which operates an estate of drive thru coffee locations in the US. Terms of the deal were not disclosed. Read more.

KKR sells its stake in music catalogue business Chord KKR is exiting Chord, the music IP business it founded in 2021. The private equity firm is selling its $240m majority stake to current shareholder Dundee Partners, and a consortium of investors which includes Universal Music Group. Read more.

KSL Capital Partners to auction off Village Hotels The US private equity firm has launched an auction to exit the British mid-market hotel chain Village Hotels for £800m. KSL bought the chain, which now has 33 properties, for £485m from De Vere Group in 2014. Read more.

Walter Capital invests in Charcoal Group of Restaurants Charcoal Group of Restaurants have received funding from Walter Capital Partners. The company is a Kitchener, Ontario-based operator of restaurant brands, including the Beertown Public House concept. No financial details were disclosed. Read more.

KKR takes stake in healthcare software provider Cotiviti Healthcare technology firm Cotiviti has disclosed that private equity firm KKR will acquire a stake in the company from the investment manager Veritas Capital. KKR and Veritas will have equal ownership stakes, and the deal is expected to finalise in Q2. Read more.

Shift-led consortium buys parcel carrier Yodel YDLGP has acquired parcel carrier Yodel. YDLGP is backed by a consortium of investors, including Solano Partners and the leadership team behind UK-based logistics platform Shift. Read more.