The Carlyle Group has acquired a 60% stake in Tok&Stok, a Brazilian specialty furniture retailer, from founders Ghislaine and Régis Dubrule. Ghislaine Dubrule will remain company CEO. No financial terms were disclosed. www.carlyle.com
Evergreen Pacific Partners has acquired a majority stake in PAC Stainless Ltd., a Houston, Texas–based provider of stainless steel and specialty alloy instrumentation tubing and fittings. No financial terms were disclosed. www.pacstainless.com
KAR Auction Services Inc. (NYSE: KAR), a Carmel, Ind.-based provider of vehicle auction services, has received buyout interest from Apollo Global Management, Clayon Dubilier & Rice and KKR, according to Reuters. The deal could be valued at more than $4 billion, with Evercore Partners managing the process. KAR shareholders include Kelso & Co., Goldman Sachs, Parthenon Capital and ValueAct Capital.www.karholdings.com
Orbital Tool Technologies, a Belvidere, Ill.-based portfolio company of Azalea Capital, has acquiredTurbine Engineering Concepts Inc., a Gainesville, Ga.-based provider of fabrication, inspection and repair services for steam turbine components. No financial terms were disclosed. www.orbitaltool.com
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