Private Equity 24 Hours

Last updated: April 7, 2026, 11:30 PM ET

Mega-Deals & Portfolio Transactions

Blackstone and TPG finalized the take-private buyout of women’s health firm Hologic, a transaction that notably incorporated significant minority investments from the Abu Dhabi Investment Authority and Singapore’s GIC affiliate, signaling continued large-scale private equity appetite for established healthcare assets. In the aerospace sector, Blackstone and Tinicum agreed to acquire the UK-listed supplier Senior for $1.85 billion, while Ardian agreed to divest its majority stake in Acousti Engineering to Gamut Capital Management, which specializes in acquiring and transforming platforms. Further movement in specialized manufacturing saw Agilitas agree to sell Integris Composites, a producer of lightweight survivability products, to Triton Partners.

Sector-Specific M&A Activity

The steady drumbeat of sector consolidation continued across diverse industries, with multiple platforms announcing add-on acquisitions. H.I.G.-backed Vernacare successfully purchased Eakin Surgical, a UK-based manufacturer of single-use surgical instruments, bolstering its position in medical consumables. Simultaneously, in the energy transition space, Energy Capital Partners (ECP) is re-acquiring EnergySolutions from Tri Artisan Capital Advisors, reflecting the increasing flow of private capital into nuclear decommissioning and related services. Furthermore, Oaktree-backed GA Group expanded its advisory footprint by acquiring G2 Capital Advisors, which offers valuation, liquidation, and real estate services.

Middle Market & Platform Growth

Several middle-market firms executed strategic bolt-on acquisitions to enhance their platforms, often supported by their PE sponsors. Heartwood saw its modular solutions platform, VitalSpace, acquire manufacturer BIG Enterprises, while in the professional services arena, Keensight Capital-backed DimoMaint completed its first add-on by purchasing Camileia, a provider of cloud-based integrated workplace management systems. Elsewhere, regulatory shifts and sector focus drove activity in infrastructure and services; Sound Growth Partners acquired roofing preparation specialist RK HydroVac, which utilizes a fleet of Hydrovac trucks for ballast removal and wet-vacuum services.

Firm Strategy, Talent, and Liquidity

Major firms adjusted leadership and raised fresh capital to capitalize on perceived market dislocations. H.I.G. Capital appointed long-time executive Brian Schwartz as its new Chief Executive Officer, promoting Doug Berman to co-president alongside Rick Rosen to oversee US private equity operations. On the capital front, Blackstone successfully closed its latest opportunistic credit fund, raising $10 billion from investors eager to target market dislocations, while Morgan Stanley prepares to launch its own private credit vehicle amid a broader market liquidity squeeze. In the secondary and infrastructure space, limited partners expressed skepticism, suggesting that while infrastructure completion values often trade at or above fair market price, these deals may not represent the absolute best achievable pricing.

Venture & AI Investment Trends

The nexus of venture capital and private wealth is increasingly drawn toward artificial intelligence, though traditional VC structures are also deploying significant capital. Eclipse announced a new $1.3 billion fund dedicated in part to incubating and building "physical AI" startups, signaling a shift toward tangible applications of the technology. This trend runs parallel to a growing movement where family offices are bypassing traditional VCs to seek direct exposure to early-stage AI ventures, according to analysis from Arena Private Wealth. Concurrently, the semiconductor space remains active, with Nvidia challenger Arago taping its first chip, marking a milestone for the startup.

Personnel Shifts and Secondary Moves

Key personnel changes and departures continued to affect specialized investment firms. Jared Barlow, a founding partner at the small deal specialist Kline Hill, departed after an eight-year tenure where he managed firm and investment oversight alongside Managing Partner Mike Bego. Separately, Round Hill appointed Chad Doerge, formerly president and chief revenue officer of Aiera, as its new president and deputy CEO. In secondary market news, Tikehau is reportedly targeting investment opportunities within the Japanese market, as the broader private equity sector navigates shifts in structured offerings and liquidity dynamics driven by market conditions.