Private Equity 24 Hours

Last updated: May 8, 2026, 8:30 AM ET

Healthcare & Life Sciences Transactions

Private equity firms are aggressively targeting the healthcare sector, evidenced by Amulet Capital agreeing to acquire TFP Fertility Group from Benefit Street Partners, integrating an operational network spanning 10 UK clinics and 21 satellite centers across the UK and Poland. Concurrently, investment interest in telehealth is strong, with firms including Goldman Sachs, and Grovecourt Capital participating in five recent deals centered on that vertical. Further diversifying healthcare plays, Silversmith Capital Partners-backed Med Tech acquired health tech firm Avarion, gaining access to managed healthcare IT services based in Valencia, California, while Brightstar invested in Simon Eye Holdings, where the existing CEO and management team retain a meaningful ownership stake.

Energy, Industrials & Special Situations

The energy sector saw major moves, as Carlyle and Diversified Energy agreed to acquire Andarko Basin oil assets from Camino for $1.2bn, securing access to an additional 100 undeveloped inventory locations in an active development area. In a different infrastructure play, SVP acquired a power generation facility, New Frontera Holdings, following its initial investment during the company’s 2021 restructuring. Meanwhile, dealmaking in the defense technology space faces complications; Houlihan Lokey reports the ‘war effect’ is complicating valuations, a backdrop against which EQT’s third offer for Intertek, a testing and certification provider, was reportedly rejected. On the industrial services front, PE-backed Pye-Barker expanded its footprint by scooping up AAA Fire Extinguisher Co., a Georgia-based provider of fire protection services.

Technology & AI Investment Trends

While activity continues across the tech spectrum, specific verticals show concentrated investment, with sales, marketing, and CRM companies collectively pulling in approximately $2.7 billion globally from seed to growth stages so far in 2026. Separately, specialized AI funding is emerging, as Fazeshift secured $17 million in Series A funding to develop AI agents focused on automating accounts receivable processes. In Europe, the focus is turning toward the trades sector, where there remains a recognized opportunity because current AI tools are not being designed for these workers. Conversely, the broader European defense sector is attracting capital, described by some observers as the ‘new wave’ for missile startups, with over 70 such companies currently mapped.

Exits, Portfolio Management, and Firm Strategy

Siris Capital is reportedly realizing a 3x return on its investment in Equiniti following a sale to Bullish, with Siris co-founder Frank Baker citing strong demand for tokenized assets, including public equity securities. In a related transaction, Siris also acquired Takkion, a renewable energy services provider, from Apollo Global Management, which originally purchased the firm in 2020. Separately, GI Partners launched Rose BioSolutions following its acquisition of Charles River Laboratories International’s contract development and cell solutions business. In fixed income and illiquid assets, Apollo CEO Marc Rowan’s comments suggest a challenging valuation environment for "semi-liquids" across private markets. Management changes continue, with MiddleGround promoting Alexander van der Have to partner to bolster its European operations.

Consolidation & Boutique Capital

In consolidation plays, the Berkshire Hathaway-backed Specialized Elevator merged with Wyatt Elevator, combining entities founded in 1997 and 2012, respectively. Meanwhile, boutique capital sources are active, with reports indicating that Audax, Baird, Copley, and MSouth are shopping various business services companies, though Capstone Partners notes that the industrials deal market remains challenged. In specialized fundraising, Arāya Sie Fund achieved a £7.5 million first close for its vehicle focused on women-led technology startups, contrasting with reports that Fidelity is quietly shuttering its venture capital arm. Sentiment among some fund managers is shifting toward liquidity realities, as one Munich-based executive detailed the five stages of ‘CV grief’ for the industry. Australian superannuation funds may see performance measurement changes, as proposed reforms could lead to total fund returns being benchmarked instead of measured by asset class.