Private Equity 24 Hours

Last updated: July 6, 2026, 8:30 AM ET

Dealmaking Activity & Fund Closures

Private equity firms are actively reshaping portfolios and raising substantial capital, with Lone Star Funds agreeing to acquire Conti Tech from Continental for €4bn, a significant transaction in the industrial materials sector. CVC Capital Partners has successfully closed its European-focused mid-market fund, CVC Catalyst III, at approximately €3bn, nearly doubling its initial target and signaling strong LP appetite for mid-market strategies CVC closes fund. In a move extending its Asia Pacific mid-market reach, EQT will acquire Orikan, a parking technology group. Meanwhile, Capmont is set to carve out Dyneon from 3M Deutschland, targeting the fluoropolymer manufacturer's diverse applications in semiconductors, medical technology, and electric vehicles.

Sector-Specific Investments & Divestments

Significant transactions are occurring across various sectors. CVC has agreed to sell D-Marin, which operates 28 marinas across nine countries in the EMEA region, to Infra Via. Bridgepoint is backing Skello with a €200m minority investment, supporting the AI-powered HR management software provider's expansion. In Germany, HIG is set to acquire a majority stake in Terras Group, a firm providing infrastructure engineering and construction services across mobility, energy, and digital sectors in the DACH region. Warburg Pincus is divesting its stake in Singular Bank, a private banking and wealth advisory specialist, selling to a consortium led by ING Warburg Pincus exits.

Strategic Portfolio Adjustments & Market Trends

The market continues to see strategic adjustments, with Castlelake securing easy Jet board backing for a potential take-private transaction valued at approximately $7.3bn. This move comes as some large institutional investors are prioritizing megafunds amidst economic uncertainty, a strategy that may sacrifice higher potential returns for perceived safety, according to analysis Venture capital LPs. The Japanese Government Pension Investment Fund (GPIF) reported its private equity portfolio climbed 26% year-on-year, adding approximately $1.4bn despite a challenging environment GPIF portfolio climbs.

Cleantech & Industrial Decarbonization Focus

The cleantech sector is showing resilience, with investors pouring $15 billion into seed-through-growth-stage rounds for sustainability-focused companies in the first half of the year, as energy demand grows Cleantech startup funding. Foresight, through its managing partner Dan Wells, sees a "strong flow of opportunities across decentralized energy systems," acknowledging that while macroeconomic uncertainty and higher financing costs influence pricing, underlying structural drivers remain robust Foresight sees opportunities. This emphasis on industrial decarbonization is a notable trend influencing investment decisions.

Fundraising & Investor Activity

On the fundraising front, Eurazeo has surpassed its target for its largest-ever secondaries vehicle, raising €2.3bn, more than double its predecessor fund Eurazeo surpasses target. A notable trend in venture capital is the ongoing strength of software investments, with a $67bn pension fund actively seeking software bargains Software steals. CVC's successful mid-market fund closure further indicates a healthy appetite for well-positioned funds. Meanwhile, China's private equity market is undergoing a reset, potentially creating a more disciplined opportunity set for investors who maintain conviction in the region China's PE reset.

Emerging Companies & Valuations

The tech landscape continues to produce significant companies, with Bending Spoons, an owner of several popular applications, serving over a billion users Bending Spoons overview. The pace of unicorn creation remains brisk, with nearly 90 new companies achieving this valuation status so far this year, largely driven by an investor frenzy around artificial intelligence New unicorns minted. These developments highlight the dynamic nature of startup funding and the increasing importance of AI in driving valuations.