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Francisco Partners bought Quest Software in 2016 when Dell was selling off some assets to help pay for the massive $67 billion EMC deal. Dell itself had purchased Quest in 2012 for $2.4 billion. Today, the company was on the move again, with Clearlake Capital picking it up this time. According...

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Private-equity firm Carlyle Group is nearing a $2 billion deal to acquire AutoForm Engineering, a Switzerland-based industrial software provider, according to people familiar with the matter.

A slim majority of union members approved three-year contracts that end a confrontation that had put the industry on the brink of a strike.

The deal could value the data-center operator at more than $10 billion.