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European private equity shop PAI Partners said that it will pay 654 million Euros ($914 million) to acquire passenger and handling company Swissport International AG, Reuters reported. Swissport is currently owned by Spanish infrastructure group Ferrovial, which has been selling off assets in order to lighten its debt load. The Swissport deal is expected to close in early 2011. PAI Partners is based in Paris, and has offices throughout Europe.

Private equity firm Permira has added David Ho as a senior advisor working out of the firm’s Beijing offices. Ho will help Permira expand its investments in China. Ho was most recently the chairman of Kiina Group, an investment firm focused on Internet and communications companies. Previously he held senior positions at telecommunications giant Nokia, including head of the company’s operations in China.

Middle-market commercial finance company NXT Capital has added $50 million from private equity firm Stone Point Capital, and $25 million from an undisclosed U.S. corporate pension fund, bringing its total capitalization to roughly $530 million. Chicago-based NXT Capital was formed earlier this year by the Greenwich, Conn.-based Stone Point Capital, and by former principals of Merrill Lynch Capital.

Private equity firm Advent International has acquired Calgary-based BOS Solutions, a company that develops drilling fluid treatment and recovery technology for the oil and gas exploration industry. Financial terms of the deal were not released. Advent has offices in Boston and New York.

New York-based iQor Holdings has acquired business process outsourcing company RMS. Financial terms of the deal were not released. In addition to the acquisition, iQor also raised an undisclosed amount of funding from its majority shareholder Huntsman Gay Global Capital, and from Citi Venture Capital International and Starr International Company. Chicago-based Guggenheim Partners provided debt financing. RMS is based in Bethlehem, Penn.

Littlejohn & Co. has closed its fourth fund with $1.34 billion, exceeding the firm’s original target of $1.25 billion. Roughly 80% of the capital in Littlejohn Fund IV L.P. will go toward control investments, with the remainder invested in distressed opportunities, the firm said. Park Hill Group served as placement agent for Greenwich, Conn.-based Littlejohn.

China Private Equity Investments Holdings has paid $2 million for a 40% stake in Beijing-based China iEducation Group. The deal includes funding aimed at expanding China iEducation's services and developing an online social education network.

Fairburn, Ga.-based Porex Corp., which is owned by private equity shop Aurora Capital Group, has sold its surgical division to publicly traded Stryker Corp. Financial terms of the deal were not released. Los Angeles-based Aurora acquired Porex in 2009 for $142 million.

Douglas Miller, chief executive of EXCO Resources, has proposed a management-led buyout of the oil and natural gas company at a valuation of $4.36 billion, Reuters reported. Miller said in a letter that EXCO shareholders T. Boone Pickens, Oaktree Capital Management and Ares Management have expressed interest in the deal. Miller, who holds a 2.15% stake in the company, offered to pay $20.50 per share, a 38% premium over Friday’s closing price.

Swiss drug maker Nycomed has acquired a majority stake in the Chinese pharmaceutical company Guangdong Techpool Bio-Pharma, Reuters reported. Nycomed paid roughly $210 million for a 51.34% stake in the Guangdong-based company. Zurich-based Nycomed is owned by four private equity firms: Nordic Capital, Credit Suisse's DLJ Merchant Banking, Coller International Partners and New York-based Avista Capital Partners.