Private Equity 24 Hours

Last updated: June 9, 2026, 11:31 AM ET

Large Deals and Exits Clearlake snapped up private markets firm Pathway Capital, which manages more than $95 billion in assets, as consolidation accelerates across the private equity landscape. Separately, Arlington is preparing to sell medical device firm Riverpoint Medical for $1.2 billion, with the transaction expected to close in the third quarter of 2026. In a significant exit in the healthcare sector, CapMan Growth divested Finnish eye health and optical retail operator Silmäasema for €574 million, marking one of the largest healthcare deals in Northern Europe this year. Meanwhile, Thoma Bravo agreed to acquire life science software company Kneat for $466 million, expanding the firm's presence in healthcare technology.

Fundraising and Investments Private equity firms continued to deploy capital across diverse sectors, with Bain Capital investing in aerospace supply chain firm FDH Aero while maintaining Audax Private Equity as a co-investor. In the space technology sector, Finnish satellite startup Iceye raised €1 billion amid a broader funding boost for European space infrastructure, following Isar Aerospace's €270 million round earlier this month. For emerging technology, Github and Hugging Face founders backed AI agent startup Zaro's $5.1 million seed round, reflecting continued investor interest in AI applications. Meanwhile, Future Standard secured approximately $3 billion for its latest flagship fund, focusing primarily on LP-led deals in the North American mid-market.

Market Trends and Consolidation As dealmaking has slowed this year, corporate acquirers and private equity firms are responding in opposite ways, with PE firms increasingly looking abroad while corporate buyers remain close to home. This divergence comes as CD&R and Platinum Equity continue pursuing a 50% stake in Nestlé's water business after PAI stepped back, demonstrating continued confidence in