The $18.7 billion deal is a bet on the future of e-commerce and logistics growth.
The pioneer of cloud-based HR solutions is being sold to an investor group that sees it as "an exceptional company with a strong culture."
Colfax has agreed to buy orthopedic device maker DJO Global from private equity funds managed by the Blackstone Group.
The $250 million investment comes amid "massive consolidation" in the business process outsourcing industry.
The $7.6 billion acquisition of the commercial property asset manager fits Blackstone's strategy of targeting distribution centers.
The buyout firm's economic net income rose 36% in Q2 but gains from real estate were offset by a 51% drop in credit investment earnings.
The offering of the home-rental company controlled by Blackstone Group continues the IPO market's strong start to 2017.
The Chinese conglomerate makes its second foray into the U.S. hotel industry in six months, paying a premium of 14.6% for Blackstone's stake in Hilton.
Private investors like Blackstone see value in the high-yield bonds of energy firms and in distressed companies hit by the steep drop in oil prices.
"Transparency has improved markedly" at private equity firms, says the commission's head of private funds compliance inspections.
