Private Equity 24 Hours

Last updated: September 14, 2026, 10:03 PM ET

Deal Flow & Platform Builds

Kohlberg-backed Loenbro has acquired Prism Electric, a Texas- and Oklahoma-based electrical contractor founded in 1994 by Blake Combs, in what the firm described as its largest transaction to date. Prism employs roughly 2,500 people serving data center, healthcare, industrial and commercial customers, deepening Loenbro's footprint across the southern United States. HIG Capital, meanwhile, has combined two elevator businesses into Ever Rise Lift Group, headquartered in Millersville, Maryland. The new platform provides elevator maintenance, repair, modernization and installation services to commercial, residential and institutional customers nationwide.

In the UK, Alpine Investors has launched Eight Group to consolidate facilities services firms, combining Core M&E with subspecialty providers to deliver compliance-driven maintenance to commercial clients. The move targets the UK market for hard facilities management, which the firm characterized as large and growing, with a £200m platform commitment. Facilities management appeals to private equity for its recurring demand and insulation from disruption, though the sector remains fragmented enough to support a buy-and-build strategy.

Bertram Capital has invested in Starc Systems, a Maine-founded maker of reusable temporary containment walls that shipped its first product in 2014 and has grown into a nationwide supplier for healthcare, airport and data center construction projects. Nex Phase Capital, for its part, has backed Everywhere Communications, an Annapolis, Maryland-based mission-critical software platform founded in 2016 that helps government and enterprise clients maintain resilient communications.

Healthcare & Accessibility

Arsenal-backed Endpoint Clinical has added Bluefin, a Boston-based provider of clinical supply forecasting and planning technology that helps sponsors and CROs manage demand, distribution and supply risk across the trial lifecycle. The bolt-on extends Endpoint's randomization and trial supply management offering deeper into the clinical supply chain. Thompson Street-backed Allyant has acquired Braille Works, a company founded in 1994 by Joyce and Lou Fioritto that has spent more than three decades helping organizations make information accessible to people who are blind or have low vision, with a particular focus on healthcare clients.

Step Stone has led a continuation vehicle backing Amulet Capital's US Fertility, described as the nation's largest partnership of physician-owned and physician-led fertility practices and IVF laboratories. The business says it has helped more than 400,000 individuals and families, and the GP-led secondary provides liquidity to existing limited partners while extending the hold period.

Exits & Realizations

KKR has sold its entire stake in First Gen, one of the Philippines' largest power producers, for $411m, walking away weeks after its bid to take the company private was rejected. First Reserve-backed Trillium has agreed to sell its US pumps unit to Crane for $240m. Trillium Pumps US, marketed under the Floway, Wemco, Roto-Jet and WSP brands, supplies mission-critical pumping solutions primarily to municipal water and wastewater markets. Carolwood has agreed to acquire Thryv's print business for $142m, picking up Print Yellow and White Pages operations in the US, Australia and New Zealand along with their digital editions and Australia's White Pages online.

CVC is preparing a partial exit from Bamboo Insurance Services, the US homeowners insurer it took control of just last year, through an IPO valuing the company at up to $3.13bn. The listing would mark a rapid turnaround for a control investment struck only months ago. An investor consortium led by DFO Management, the family office of Michael Dell, is closing in on a $7.7bn take-private of insurance broker The Baldwin Group, according to the FT. Main Capital Partners has agreed to take Tribal Group private in a £189.3m deal; Tribal supplies mission-critical student information systems and education management software to more than 660 institutions.

Carve-Outs & Cross-Border

Aurelius has agreed to buy Hain Celestial's international business for $323m, picking up a portfolio that includes Ella's Kitchen, Joya, Natumi, Hartley's, Linda McCartney, Cully & Sully, Yorkshire Provender and New Covent Garden. The transaction carves out Hain International, the UK and European arm of Nasdaq-listed The Hain Celestial Group, at an enterprise value of more than €280m. The cross-border separation hands Aurelius a stable of familiar grocery brands while allowing Hain to sharpen its focus on North America.

Real Assets & Infrastructure

KKR has committed €528m to take a 49% stake in a new euro-denominated joint venture holding a portfolio of European net lease real estate, backing Realty Income's continental expansion. Brookfield Asset Management has taken a minority stake in American Real Estate Partners, a US institutional fund manager and data centre developer, in a bet on AI-driven infrastructure demand. Neuberger Specialty Finance has teamed with aviation specialists to launch New Bridge Aero Finance, a platform that will originate and acquire loans and other debt instruments, targeting a $2bn debt portfolio.

Fundraising & Investor Relations

Warburg Pincus is nearing its flagship target, while CVC looks to match its record-breaking fundraise and one LP positions for private equity's distribution drought, according to Side Letter. Vance Street Capital has named Katherine Dowley head of investor relations; she joins from W Capital Partners, having previously worked at L Catterton and Lindsay Goldberg. Hunter Point Capital has appointed William Sonneborn as president and chief operating officer, drawing on a career spanning more than three decades in alternatives and financial services, including leadership roles at KKR, TCW Group, EIG and Goldman Sachs.

Permira has named Julia Liuson as senior adviser; she previously served as president of Microsoft's Developer Division, leading its global developer business including GitHub, Visual Studio and Visual Studio Code. Navi Med Capital has appointed Holly Atallah as chief financial officer, bringing 25 years of corporate finance and investment banking experience, most recently as director of finance and operations at Broad Oak Capital Partners, and promoted Bennett Mears to principal.

Software & Services Buyouts

New Mountain Capital has taken a minority stake in Appleby, the offshore legal services platform founded by Major Reginald Appleby in Bermuda in the 1890s, which employs more than 500 people and over 200 attorneys across 11 offices in eight jurisdictions. Genstar Capital and Aksia have invested in Richey May, a Denver-based accounting, tax and advisory firm operating for more than 40 years and serving clients nationwide from offices across eight states. Bain Capital's Max de Groen expects deal activity to pick up over the next year, with the partner and co-head of Technology for North America Private Equity discussing how the firm is navigating AI-driven disruption in software.

Venture & Growth

Y Combinator remained the busiest startup investor in August, topping rankings across lead backers, prolific dealmakers, highest spenders and seed investors, while Nvidia accelerated its own dealmaking pace. A separate analysis highlights the founder vesting problem that leaves departed founders holding large equity stakes, complicating financing and control and prompting costly litigation to reclaim shares.

In Europe, satellite startup Open Cosmos has raised €300m amid a broader space investment frenzy. Tandem Health has secured a $100m Series B led by the EU Scaleup Fund. Local Globe and Cherry have backed Resolutiion with $10m. ETH Zurich students have built what they call the first Swiss humanoid robot and are now eyeing fundraising. Flowpay has topped Sifted's DACH & CEE 100 with 816% growth, leading the region's fastest-scaling companies.

Legaltech & Ecosystem

Lexroom's chief executive has described a land grab in legaltech, as acquirers race to consolidate the sector. Malmö is betting on becoming a testbed for impact innovation, positioning the Swedish city as a proving ground for mission-driven ventures.

Events & Industry Notes

Tech Crunch Disrupt 2026 organizers posed the question of what happens when OpenAI ships a founder's roadmap, framing the central strategic risk for AI startups as foundation models continue to evolve. Separately, organizers warned that only five days remain to apply for an exhibit table on the Expo Hall floor, with applications closing September 18 and the event expected to draw more than 10,000 founders and investors.