Private Equity 24 Hours

Last updated: May 27, 2026, 5:30 PM ET

Strategic Roll‑ups and Platform Builds Modella Capital expanded its high‑street platform by agreeing to acquire Flying Tiger Copenhagen, marking the firm’s most ambitious cross‑border roll‑up and signaling confidence in consumer‑goods consolidation despite a broader slowdown in retail valuations. In parallel, DigitalBridge announced a $1.05bn acquisition of ArcLight that combines a $650 m base price with up to $400 m of contingent consideration, a move that deepens the infrastructure manager’s data‑center footprint in Europe and aligns with its strategy to bundle connectivity assets. Meanwhile, Blackstone Life Sciences committed up to $1.3bn in royalty and debt financing to Apogee Therapeutics, providing the biotech firm with long‑term capital to advance its pipeline while giving Blackstone exposure to high‑margin, royalty‑based revenue streams in specialty pharma. Together, the transactions illustrate private equity’s focus on scaling platform businesses and locking in recurring cash flows amid volatile public‑market conditions.

Debt‑heavy Capital Deployments Capchase secured a $200 m financing package that blends $26 m of equity with a $174 m credit facility, reinforcing the “Affirm for B2B” lender’s balance sheet and underscoring investors’ appetite for growth‑stage fintech debt. CVC Credit reinforced its position in Curium through a combined debt and equity refinancing, enabling the nuclear‑medicine specialist to fund R&D and expand its diagnostic network across Europe. At the same time, I Squared Capital pledged up to $1bn to launch a U.S. AI‑inference data‑center platform, targeting the surge in demand for low‑latency AI workloads and positioning the infrastructure fund as a key supplier to hyperscale cloud operators. These capital‑intensive moves reflect a broader shift toward financing models that blend credit with equity to capture upside in high‑growth, technology‑enabled sectors.

Fundraising, Exits and Market‑Level Activity Placement agents raised $82bn for GP clients in 2025, a rebound that highlights renewed LP confidence and the importance of specialized fundraising intermediaries in a crowded capital‑allocation landscape. In Europe, CVC exited its Naturgy stake for roughly €4bn, ending an eight‑year holding and delivering a sizeable cash windfall that will likely be redeployed into newer energy transition opportunities. Hg injected $500 m into Rightsline to accelerate the rights‑and‑royalties software provider’s global expansion, tapping the growing demand for IP‑management tools in media and technology. Finally, KKR and Capital Group prepared an Asia‑focused public‑private credit fund, marking their first joint venture outside the United States and signaling a strategic push into the region’s burgeoning hybrid‑credit market. Collectively, these activities demonstrate private equity’s vigorous deal‑making tempo, its reliance on sophisticated financing structures, and an ongoing reallocation of capital toward sectors where technology and recurring revenue models dominate.