Private Equity 24 Hours

Last updated: April 24, 2026, 5:30 PM ET

Sector Consolidation & Healthcare Deals

Private equity's appetite for healthcare services remains strong, evidenced by a flurry of recent add-on acquisitions across specialized verticals. PE-backed MyEye Dr, a Virginia-based vision care provider, absorbed Lumina Vision Partners, signaling continued roll-up activity in the fragmented eyewear sector. Simultaneously, Cathay Capital-backed Parkview Dental Partners expanded its footprint in Florida by acquiring VIP Dental, underscoring the management partnership model's utility in dental services. The broader medical device space is also attracting major capital, with firms like Archimed, Cinven, and Gemspring targeting orthopedics, drawn by lower development risk and the structural shift toward value-based care models. This interest was recently highlighted by Apollo's $1.25 billion minority investment in an unspecified orthopedics firm.

Technology & Software Acquisitions

The technology sector saw dealmaking focused on infrastructure control and cybersecurity, even as mega-venture rounds slowed slightly. Avance-backed Alchemy Technology Group, an IT advisory firm based in Houston, acquired cybersecurity firm IOvations to bolster its consulting capabilities against rising digital threats. In the generative AI sphere, tools offering deeper customization attracted significant early-stage capital; ComfyUI achieved a $500 million valuation after securing a $30 million investment, reflecting creators' push for greater control over image and video output outside of major platform ecosystems. Furthermore, the broader venture landscape saw a relative slowdown in massive checks, as only half of this week’s top 10 funding rounds surpassed the $100 million threshold, an unusual pattern for the current market cycle.

European Deal Flow & Infrastructure

In Europe, strategic acquisitions continued across infrastructure and digital services, alongside continued build-out plans for specialized tech. Allied Industrial-backed CES Power finalized three separate acquisitions in Ireland—GH Energy Rental, Event Power, and Purecore—signaling aggressive consolidation in the energy rental and power sector. Meanwhile, major capital is being deployed into digital infrastructure, with Verda raising €100 million specifically to construct a European hyperscaler, planning to hire over 100 personnel and enter new markets. Despite this infrastructure push, the private debt community faces specific challenges, as Japanese limited partners expressed difficulty entering credit secondaries due to information asymmetry and a lack of required look-through data, according to discussions at the Private Debt Investor Tokyo Forum.

Investment Strategy & Talent Movement

Firms are actively reshaping their investor relations and leadership teams to capitalize on specific market trends, particularly in consumer and technology advisory. Manna Tree appointed Jessica Schmitt as managing director of capital formation to oversee global investor relations and support the firm’s expansion driven by rising consumer health interests. On the advisory side, high-profile executives are moving to support venture capital efforts; former Disney CEO Bob Iger rejoined Thrive Capital as an advisor following his departure from the entertainment giant, maintaining a vested interest in the firm. Separately, despite a slowdown in high-valuation rounds, the public pipeline remains active, with a steady flow of S-1 filings from venture-backed firms in semiconductors, biotech, and the burgeoning space and defense technology sectors.

Gaming & Mobility Transactions

Activity in the gaming sector is predicted to accelerate, while mobility saw a significant asset transfer. Drake Star forecasts sizable private equity transactions in video gaming in the near term, suggesting pent-up deal flow is ready to materialize. In urban mobility, Lyft confirmed its purchase of Gett’s UK business, consolidating its position in the black cab hailing market in London. Concurrently, leadership insights from major European tech players continue to surface, with Wolt CEO Marianne Vikkula sharing lessons on building a successful superapp ecosystem and leading major tech events like Slush.