Private Equity 24 Hours

Last updated: June 18, 2026, 2:30 AM ET

Healthcare and Life Sciences M&A

Private equity firms are aggressively consolidating specialized healthcare providers, with Altaris acquiring Simulations Plus in a take-private deal valued at $375 million, offering shareholders $18.50 per share. This transaction follows smaller-scale platform expansions, including Singlepoint Healthcare’s acquisition of Healix and Belmont Medical Technologies’ purchase of Arcos Inc, highlighting a continued focus on infusion services and fluid-resuscitation tech. Further signaling interest in medical device manufacturing, CVC Catalyst has acquired a majority stake in prosthetics maker Willow Wood from Blue Sea, as dealmakers seek to capitalize on long-term demand for specialized clinical hardware.

Infrastructure and Industrial Tech

Capital flows into digital and physical infrastructure remain robust, evidenced by CPP Investments committing $715 million to scale the Ctrl S data center platform in India. In the energy sector, I Squared Capital is partnering with the U.S. International Development Finance Corporation to deploy a $3bn platform targeting energy assets across South and Southeast Asia. Meanwhile, KPS Capital has invested in Jennmar, a provider of infrastructure products, while New Mountain Capital is backing Commonwealth Associates to meet rising demand for power engineering services amidst the global push for grid modernization.

Private Credit and Fund Activity

Major managers are adjusting their portfolios and fundraising strategies to navigate a high-interest rate environment. Blackstone has launched Sable Pointe Credit Strategies to expand its footprint in asset-based lending, a segment increasingly viewed as a high-growth frontier. As fundraising cycles stretch, Clearlake Capital closed its eighth flagship fund at $14.8bn, doubling the size of the evergreen market in the process. Concurrently, GIC is finalising a $2bn sale of private credit assets to tap into the surging secondaries market, while Flexstone is acquiring Glouston to create a combined platform managing over $15bn in assets, underscoring the acceleration of secondaries growth for mid-market firms.

Technology and Software Consolidation

The software sector is seeing significant restructurings and strategic exits as firms pivot toward agentic AI. Montagu is carving out BMC Helix from BMC Software to capture value in the AI-driven service operations market, while Arcline is taking AstroNova private in a deal with a $272 million enterprise value. In the cybersecurity and distribution space, Quest Software has acquired Anetac and Investcorp has secured a strategic stake in UAE-based IT distributor Metra. However, the landscape remains volatile; PayPal Ventures is shuttering its arm after a decade of operations, and a consortium led by Blackstone has taken control of Medallia following a $5bn loss for Thoma Bravo.

Venture Capital and Emerging Markets

Investment in frontier technology continues despite broader market headwinds. Three former Palantir engineers have raised $60 million from Index Ventures and Iconiq for an agentic operating system, while Comand AI has secured €32 million from Blossom Capital and Saab to advance battlefield software. In the broader AI space, General Atlantic is in talks to lead a $2bn-plus round for China’s Kling AI, and CuspAI is reportedly nearing a $2.6bn valuation with backing from Jeff Bezos. These moves occur as Roelof Botha joins the board of SpaceX, filling a vacancy following the company’s massive IPO, and Bertram Capital recapitalizes The Bluebird Group as H.I.G. Capital exits its minority position.

Strategic Exits and Industry Commentary

Exit activity remains a critical focus for GPs, with Nordic Capital’s $8.9bn sale of Clario to Thermo Fisher Scientific serving as a benchmark for successful pharma-digitalization exits. As firms refine their portfolios, Altor and TDR Capital are exiting Nordic Leisure Travel to Norwegian Air Shuttle, while Stephens Group-backed Aptus Aero has acquired EMC Aerospace to bolster its aviation repair capabilities. Meanwhile, KKR has committed an additional $1.4bn to aircraft leasing deals with Altavair, reinforcing a long-term commitment to the aviation sector that has seen over $8 billion deployed since the partnership began in 2018. The push for scale remains paramount, with Trinity Hunt’s Allvia platform acquiring Smith Communication Partners, even as Gen Nx360 Capital promotes Pratik Rajeevan to partner to manage a growing portfolio of over ten platform companies.