Apax Partners and Permira have completed their acquisition of a majority stake in Italian betting company Sisal SpA. The deal is valued at around €900 million, with prior owner Clessidra retaining a minority position.

The Blackstone Group and PAI Partners have agreed to buy UK-based biscuits maker United Biscuits from Cinven and MidOcean Partners. The deal is valued at just over £1.6 billion, and gives United Biscuits an enterprise value of around £2.4 billion. Blackstone had been considered the leading bidder for several weeks, after a Premier Foods-led group dropped out.

Deutsche Bank has agreed to buy UK wealth manager Tilney Group Ltd. from Bridgepoint and company management. No financial terms were disclosed for the deal, which is expected to close later this quarter. Tilney has around £6.7 billion in assets under management, and 330 employees.

Oak Hill Capital Partners has agreed to acquire Arnold Logistics, a Harrisburg, Pa.–based provider of outsourced warehouse and transportation logistics. No financial terms were disclosed for the deal, which will result in company founder Ed Arnold, LongueVue Capital and company management retaining a 14% equity stake.