Morning all, Irien Joseph here with the Europe edition of the Wire from the London newsroom. We start today with a look at the newly announced UK-US trade deal as I bring you insights from Schroders Capital’s Georg Wunderlin, who sees the deal as a timely signal for investors amid global uncertainty. Turning to agritech, CDP Equity and Trilantic Europe have jointly acquired a majority stake in Diagram, an Italian farming business. In this week’s deal roundup, the spotlight is on tech. PE Hub has reported 12 deals across the US and Europe, from legal tech and edtech to AI-powered pricing platforms. Trade and tariffs Schroders Capital has welcomed the new UK-US trade deal, seeing it as a potential boost for UK portcos and private equity targets. Read the premium version of the Wire to find out why Schroders Capital’s Georg Wunderlin thinks the trade pact will provide strategic openings for private equity, particularly in sectors less exposed to traditional trade risks. What’s your view on the UK-US trade pact and its impact on PE dealmaking? Always keen to hear your perspective, drop me a note at [email protected] Better together In the agritech space, CDP Equity (CDPE) and Trilantic Europe have teamed up to acquire a majority stake in Italian company Diagram. Unlock the premium version of the Wire for insights into the PE firms’ value creation strategy for Diagram and to find out the seller. Tech in action It’s been a busy week in tech M&A, with PE Hub tracking 12 private equity deals across the US and Europe this week. Below are the deals: Arlington Capital-backed Tyto Athene acquires govtech biz StackArmorPSP Investments and BCE form Network FiberCo BU-backed Safety21 snaps up Cross ControlTPG, Corpay to take AvidXchange private for $2.2bn Riverwood Capital snaps up AI-powered price optimization platform QuicklizardPalatine picks up stake in intelligence experience consultancy Atombit Vistria Group-backed MGT picks up edtech biz EdneticsArcapita picks up legal tech company Trustpoint.One General Atlantic to buy minority stake in tech company Liftoff from BlackstoneVerdane to exit stake in Danelec Main Capital takes majority stake in JobdiggerGreat Hill invests in tax software provider Vision Government SolutionsThat wraps it up for today. John R Fischer will be with you in the New York morning with the US edition and Nina Lindholm will bring you the Europe edition on Monday. Warmly, Irien Read the full Wire commentary on PE Hub ... | 