Private Equity 24 Hours

Last updated: September 5, 2026, 6:05 AM ET

Deal of the Day

EQT has agreed to acquire McGill and Partners from Warburg Pincus for $2bn. The independent specialty (re)insurance broker, founded in 2019, has grown to more than 600 employees across seven countries, serving over 1,000 clients. The acquisition underscores EQT's push into the insurance brokerage space, with the deal expected to close in the second half of the year.

Global Buyouts

CVC Capital Partners is taking a controlling stake in Australia's Ambrose Construct Group, a national leader in the insurance repair and restoration industry, from CPE Capital. The deal marks the latest in a string of Australian investments by the pan-European buyout giant. Meanwhile, Goldman Sachs Alternatives and Cleanhill Partners have inked a $4.4bn sale of EPC Power to Flex; the Poway, California-based company designs and manufactures software-defined power conversion solutions for data centers, utility-scale energy storage and microgrids.

Healthcare & Services

PE dealmakers are eyeing multi-state, specialty pharmacies for predictable revenues, with five notable deals closing in the sector. Court Square, Frazier Healthcare, Linden Capital and Wind Rose are among those investing, while HIG Capital has backed Outcomes One, a provider of clinical network services. Across Asia, KKR is making a minority investment in Avisena Healthcare, a Malaysian hospital operator.

Infrastructure & Industrials

One Equity Partners has invested in Metro East Industries, a railcar services firm providing services to Class 1 railroads and leasing companies. Central Builders' Supply acquired Lumberworld in Victoria, British Columbia, in a deal backed by Regimen Equity; the building materials supplier was established over five decades ago and stands as the leading independent supplier in the Greater Victoria region.

M&A & Legal

M|C Partners has backed DivergeIT to build an MSP acquisition platform; the Torrance, California-based managed IT and managed security services provider has served mid-sized businesses and enterprises for more than 27 years. Meanwhile, Cecilia Ziniti, a startup GC with nearly two decades of experience at companies like Amazon, Cruise, Replit and Anki, has built an AI-powered legal tool designed to meet corporate lawyers' needs.

Fundraising & AI Roundups

CVC's secondaries arm nearly doubled its flagship fund with a fundraising push that saw a $10bn sixth close. MS+PARTNERS, meanwhile, held the first close of its debut fund, pulling in close to €150m towards a €300m target backed by the European Investment Fund and blue-chip institutions. Bessemer and Creandum are backing a new AI infrastructure startup at a $600m valuation, sources said.

AI Infrastructure Funding

Crusoe led this week's biggest funding rounds with a multibillion-dollar haul, while Fluidstack took the second spot, underscoring the heavy flow of capital into data center infrastructure.

People Moves & Events

Laurent Sifre, cofounder of H, is making a move to Microsoft, adding to the AI talent pipeline. Elsewhere, the deadline to apply for TechCrunch Disrupt 2026 Side Events closes tonight at midnight PT — a final chance for organizers looking to make an impact in Silicon Valley.

Music IP & Royalties

Harbour View Equity Partners has acquired David Kershenbaum's producer royalties, covering master-recording rights from "Fast Car" to "Steppin' Out" — adding to its growing music IP portfolio.