Private Equity 24 Hours

Last updated: September 22, 2026, 2:04 PM ET

Private Equity Deals

KKR has committed $350m to launch Akrapoint Commercial Capital, a new equipment finance company, marking the firm's latest push into asset-backed lending. Platinum Equity has completed a $6.6bn sale of Urbaser to Blackstone and EQT, offloading the Madrid-based waste collection and environmental services provider in one of the year's largest European exits. Butterfly Equity has agreed to acquire Sabert, a Sayreville, New Jersey-based global manufacturer of plastic and food packaging products, extending the firm's bet on food and beverage supply chains. Bain Capital has agreed a $230m purchase of SOLitude Lake Management from Rentokil, acquiring the Virginia Beach-based provider of lake and pond management services. Odyssey Investment Partners has taken a majority stake in Falcon Gases, a packaged gas distribution platform founded in late 2025.

Middle-Market and Sector Moves

Cornell Capital has acquired Hancock Claims Consultants, an Alpharetta, Georgia-based insurance claims services provider operating across 48 states with more than 1,000 employees. Argosy-backed Command Medical has acquired IMATS, adding a Costa Rica manufacturing site and extending Command's medical device capabilities. Granite Creek has invested in Climalock, a Warsaw, Missouri-based tank insulation maker, and named Mitch Poindexter as chief executive. Tamarix Equity Partners has invested in Halal Shack, the Albany, New York-based campus foodservice platform operating four fast-casual restaurants. Lone View Capital has backed HappyCo, whose AI-driven Joy AI system helps property teams manage maintenance and asset operations. Health Edge-backed Veridian has closed its acquisition of the Scar Science brand from Mitchell-Vance Laboratories, strengthening its scar and wound care position. Fvlcrum-backed FBR Solutions has acquired Southeastern Cable, a broadband builder founded in 2008 and headquartered in Southport, North Carolina.

Equipment Finance and Continuation Vehicles

Peakline Partners has acquired Kalon Capital, a Stamford, Connecticut-based mid-ticket equipment finance platform, to expand its own lending footprint. Certares and New 2ND Capital have closed a continuation fund for Guardian Alarm, the Southfield, Michigan-based security, fire and automation solutions provider, in the latest single-asset secondaries transaction. Grafine Partners has tapped Suzanne Flannery as managing director; she most recently served as managing director and head of product marketing elsewhere in the industry. Haelan Capital Partners has debuted as a new firm, a healthcare-focused shop launching alongside KKR's Akrapoint and a wave of PE bets on rail services.

European Software and Technology

Hg has agreed a €1bn majority investment in Greek software firm Enter Softone, formed in 2025 through the merger of Entersoft and Softone. The deal marks Hg's Greek debut, alongside Elvaston's first Polish investment and Main Capital Partners' acquisition of Qbees, a German managed IT services provider. Main Capital Partners has acquired Qbees, the Ohlstadt, Germany-based provider of managed IT and security services founded in 2020. Elvaston has made its first Poland investment in Data Consult, a Kraków-based warehouse management software firm with more than 20 years of development history.

Growth and Venture Rounds

Cloud startup Verda has raised $189m in a funding round led by Emergence Capital, becoming Europe's newest AI unicorn. Mistral has acquired Pimento in a €12.7m cash-and-shares deal, per filings, absorbing the adtech startup. NIF has backed Terasi in an €11m raise for the defence startup. Goldman Sachs has pumped $400m into data-security firm Cyera at a $12bn valuation, with Growth Equity at Goldman Sachs Alternatives leading the round. Baselayer has raised $35M to help companies verify AI agent identity, targeting financial institutions. Morphotonics has raised €40M from investors including 3M Ventures to expand its display technology into data centers. Benford has raised $5m with backing from GFC and Firstminute, founded by Palantir and Goldman alumni to challenge the Big Four auditors.

Infrastructure and Energy Transition

Stonepeak has invested in ADE, a distributed energy platform, to fund European expansion. Verdane has led a major capital raise in Xpansiv, the infrastructure provider behind energy and environmental markets. Xpansiv operates registries, marketplaces and data platforms for energy and environmental commodities, deepening Verdane's energy-transition thesis. Schroders Capital has capped a record year with a $1.3bn final close of its fourth flagship co-investment fund.

Healthcare and Life Sciences

Telix Pharmaceuticals has agreed to acquire ITM for up to $2.35bn, paying $1.65bn in cash upfront for 100 percent of the BlackRock-backed radiopharmaceutical company's shares, with the balance contingent on milestones.

Fundraising and Strategy

A more pressing need for control and operational value creation is blurring the lines between growth and buyout strategies, as GPs converge on similar playbooks. Exit scenarios are a core part of due diligence, and a recent podcast explores the exit journey from the outset of an investment thesis. Blackstone's Schwarzman is touting the US AI opportunity, while ADIA rebalances its portfolio, in the latest Side Letter. Cybersecurity costs and concerns have risen sharply in the wake of AI-driven threats, with a 56% surge in attacks cited in an IBM 2026 report. In venture commentary, a defense tech veteran warns of 'tourists and FOMO' as software VCs chase SpaceX alumni into the sector.

Firm and Market Notes

CD&R and Warburg Pincus are in advanced talks to jointly acquire Canaccord Wealth, a significant potential take-private in wealth management. A16z wants to back more European startups but will not reopen a European office anytime soon, signaling a remote-first approach to the region. N8n's boss has set a goal of 1bn users with fewer than 1,000 employees, outlining an unusually lean scaling ambition. Tech Crunch Disrupt 2026 has reopened its exhibitor program for one more week, offering startups a final chance to book exhibit tables. With four days left to save up to $200 on passes, organizers are also offering 50% off a second pass. Separately, five days remain to save up to $200 on Disrupt 2026 tickets, with the same second-pass discount applying.