As Q4 approaches, the pipeline of companies being readied for sale appears robust, with PE Hub briefed on 205 companies coming to market year to date, up from 94 a year ago. Key sectors showing promise include business services, healthcare, fintech, industrials, aerospace and defense, and AI-related buildout areas. Justin Abelow of Houlihan Lokey and Effram Kaplan of Brown Gibbons Lang note broad-based deal activity, with tech-enabled services seeing enhanced demand.

Vector Capital Management has appointed Kiran Rao as managing director and head of value creation, a move first reported by PE Hub. Rao previously worked at Vista Equity Partners. In deal news, Sheridan Capital Partners completed an investment in Pt Everywhere, a Raleigh, North Carolina-based practice management and integrated payments software platform. payments software platform.

Recent exits include Precision Medicine Group’s $2.25 billion sale to McKesson, Outcomes One’s sale to HIG Capital, Unitex’s sale to CVC Capital, and A1 Garage Door’s late-stage talks with KKR at a $2 billion valuation. Industrials, healthcare services, and HVAC/commercial business services show the most active sales processes.