Private Equity 24-Hour Briefing

Last updated: May 29, 2026, 8:32 AM ET

Large PE Transactions

CVC is finalizing a $4 billion acquisition of International Flavors & Fragrances' food ingredients division, with IFF expected to receive net cash proceeds of approximately $3.8 billion at closing pehub.com. Meanwhile, Digital Bridge agreed to acquire ArcLight Capital pehub.com for $1.05 billion, expanding its presence in the energy private equity space, while KKR completed the sale pehub.com of Circor's aircraft parts group to a strategic buyer for $2.55 billion in a secondary exit.

Fund Raising Activity

Actis, the sustainable infrastructure arm of General Atlantic, secured $2.5 billion at the first close of its latest $6 billion flagship energy fund, reflecting continued investor appetite for infrastructure investments. In secondary fund activity, Littlejohn completed a continuation fund pehub.com for commercial building services firm Valcourt Group, with Carlyle Alp Invest serving as the lead investor. Meanwhile, Onex took another stab at navigating privateequityinternational.com PE's fundraising winter while EQT appointed two APAC co-heads and KKR expanded its presence by setting up shop in Milan.

Healthcare & Life Sciences

Private equity firms intensified their focus news.crunchbase.com on oncology assets, with AEA Investors, Bridgepoint, and Kohlberg among the firms investing in six deals across the sector. Separately, Bain Capital initiated a sale process pehub.com of Estia Health to Stonepeak, marking the firm's exit from the healthcare asset it acquired just six months ago in December 2023.

Technology & AI

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