Private Equity 24 Hours

Last updated: May 27, 2026, 2:32 PM ET

M&A & Strategic Acquisitions

EQT will maintain majority control of the merged entity following its combination of Voltera with Revel's electric vehicle rideshare platform, creating a vertically integrated charging and mobility business. Meanwhile, Modella Capital has executed its most significant acquisition to date, purchasing Flying Tiger Copenhagen to accelerate expansion of its international high-street retail platform. In a separate transaction, Fortress Investment acquired IPValue, which has managed licensing for more than 20,000 technology patents, adding intellectual property monetization capabilities to its portfolio. Main Capital continued its software consolidation strategy with the purchase of Germany's SAE, a CPQ and variant management specialist that complements Xait's existing offerings.

Infrastructure & Technology Platform Deals

Digital infrastructure remained active with DigitalBridge agreeing to acquire Arc Light for $1.05bn, comprising a $650 million base price plus up to $400 million in contingent consideration tied to performance metrics. On the data center front, I Squared Capital committed up to $1bn to launch a US-focused platform targeting colocation and AI inference workloads, capitalizing on growing demand for specialized computing infrastructure. Hg invested $500m in Rightsline, a rights and royalties management software provider, while simultaneously Ambienta expanded its No Dig Alliance platform through the acquisition of Sweden's JS Drilling Solutions, an underground pipe installation specialist.

Capital Formation & Credit Investing

Capchase secured a $200 million financing package consisting of $26 million in equity and a $174 million credit facility, positioning the B2B payments startup as a potential disruptor in corporate financing. Blackstone Life Sciences committed up to $1.3bn in royalty and debt financing to Apogee Therapeutics, marking one of the larger strategic biotech financings this year. In credit markets, KKR and Capital Group are preparing to extend their hybrid public-private credit franchise into Asia later this year, representing the partnership's first geographic expansion beyond US markets. CVC Credit reinforced its position in nuclear medicine specialist Curium through a new debt and equity package supporting business refinancing.

Leadership Transitions & Team Moves

Carlyle appointed Ian Fujiyama as chairman of its US/Europe-focused midmarket platform, where he sees attractive opportunities in aerospace, defense, and government services driven by increasing cybersecurity and AI priorities. EIV Capital promoted Jason Tracton to partner after his September 2022 arrival as managing director of EIV Resources, strengthening the firm's energy and infrastructure capabilities. Omni Partners made its first non-UK hire with Roald Hunvik joining as partner in Oslo, signaling geographic diversification for the placement agent. Periscope Equity invested in Amusement Connect with John Tarpley and Frank Licausi taking operational roles alongside president Tom Jayroe.

Exit Activity & Stake Sales

Mubadala Investment completed a $1.91bn block sale of 22 million Global Foundries shares, reducing exposure to the semiconductor manufacturer amid elevated valuations. CVC Capital Partners exited Spanish energy group Naturgy entirely, selling its 13.8% stake in a €4bn transaction that concludes an eight-year holding period. CIG divested its music school franchise Bach to Rock to Spark Harbor, an operator of youth activity brands, as private equity firms continue recycling capital in education and lifestyle sectors.

Impact Investing & LP Strategies

APG, the €615 billion Dutch pension giant, is collaborating with general partners to achieve its €10 billion impact private equity target, according to senior responsible investment specialist Matteo Millone. At the PEI Group Impact Investor Global Summit, panelists noted that impact-focused limited partners increasingly use continuation vehicles to lock in portfolio companies' environmental and social missions. Hg's investment in Rightsline reflects growing private equity interest in intellectual property monetization, while Ambienta continues building its "no-dig" infrastructure platform focused on sustainable construction alternatives.

Technology & Growth Metrics

Click House tripled annualized revenue to $250 million, putting the database provider on a trajectory toward an eventual IPO within the next few years. In venture markets, applications close today for Startup Battlefield, offering founders a chance at $100,000 in equity-free funding. Straylight Capital backed loyalty rewards provider Patron Points alongside Scaleworks in a co-investment, targeting the customer retention software market. Despite concerns about AI adoption, Box CEO Aaron Levie suggested that tech executives may be suffering from "AI psychosis," highlighting skepticism about near-term productivity gains from artificial intelligence deployments.