Private Equity 24 Hours

Last updated: June 17, 2026, 5:32 PM ET

Board Moves & Talent Shifts

Former Sequoia Capital leader Roelof Botha was appointed to the board of SpaceX shortly after the aerospace firm completed the largest IPO in history, signaling the rocket maker’s intent to deepen its ties with Silicon Valley’s deal‑making elite. Botha’s experience in growth‑stage tech investing is expected to help SpaceX navigate post‑IPO capital allocation and potential strategic acquisitions.

Health‑Tech Consolidation

Altaris announced a take‑private transaction for Simulations Plus at $375 million, pricing the deal at $18.50 per share and providing a clear exit for public shareholders. The move follows Singlepoint Healthcare’s recent acquisition of infusion‑services provider Healix, expanding its platform for inflammatory‑disease care in the United States. Together, the deals illustrate a broader trend of private equity firms bundling complementary health‑tech assets to build end‑to‑end service chains.

Infrastructure & Energy Capital

KPS Capital injected fresh equity into infrastructure products maker Jennmar, while retaining Falcon Point Partners as a significant minority holder, underscoring confidence in the firm’s pipeline of construction‑material contracts. Across the Pacific, CPP Investments pledged up to $715 million to scale Ctrl S’s data‑center platform in India, deepening exposure to one of the fastest‑growing digital‑infrastructure markets. Meanwhile, I Squared Capital partnered with the U.S. International Development Finance Corporation to launch a $3 billion Indo‑Pacific energy platform targeting critical power assets in South and Southeast Asia.

Technology & Software Deals

A Blackstone‑led consortium that includes Apollo and KKR agreed to acquire customer‑experience software firm Medallia from Thoma Bravo, a transaction that follows Thoma’s recent $5 billion loss on the platform. In a parallel move, Arcline offered $29 per share to take Astro Nova private, valuing the company at roughly $272 million and adding a niche AI‑driven analytics provider to its portfolio. Quest Software, backed by Clearlake, completed the purchase of cybersecurity specialist Anetac, expanding its data‑management and platform‑modernisation capabilities.

Private‑Credit & Secondaries Activity

Singapore’s sovereign‑wealth fund GIC is close to selling as much as $2 billion of private‑credit assets, tapping a booming secondaries market that has attracted heightened interest from LPs seeking liquidity and yield. Flexstone accelerated its secondaries growth by acquiring Glouston Capital Partners, a deal that will combine over $15 billion in assets under management and broaden Flexstone’s U.S. footprint.

Fundraising & Market Sentiment

Clearlake Capital closed its eighth flagship fund at $14.8 billion, emphasizing a continued appetite for large‑cap managers despite a challenging fundraising environment for many peers. In Europe, CVC Catalyst secured a majority stake in prosthetics maker Willow Wood, reflecting private equity’s focus on niche medical‑device opportunities as demographic trends drive demand for advanced orthotics. KKR pledged an additional $1.4 billion to aircraft‑leasing partner Altavair, bringing its total commitment to over $8 billion since the 2018 strategic alliance and underscoring sustained confidence in the aviation‑finance sector.

Strategic Stakes & Emerging Markets

Investcorp took a strategic equity position in IT distributor Metra, expanding its footprint across the GCC and broader MENA region and positioning the firm to benefit from accelerating digital transformation in emerging markets. Finally, General Atlantic entered early talks to lead a $2 billion‑plus financing round for China’s Kling AI, the video‑generation arm of Kuaishou Technology, highlighting growing Western investor interest in Chinese generative‑AI ventures.