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Private Equity 24 Hours

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20 articles summarized · Last updated: LATEST

Last updated: July 13, 2026, 11:30 AM ET

Private Equity Dealmaking and Exits

Broadwing backed Lehr in an add-on acquisition of emergency vehicle upfitting assets from Pro Logic ITS, marking Lehr's tenth such transaction and expanding its Southeast presence. In a significant exit, Wynnchurch capitalized on its investment in flow control specialist Flo Works, selling the company to Ferguson for $1.6 billion. This represented an acquisition multiple of 10 times trailing twelve-month adjusted EBITDA, including approximately $45 million in expected synergies. Mill Point Capital completed its acquisition of Total Safety Supplies & Solutions from the Littlejohn & Co. portfolio company, Total Safety US. Meanwhile, HIG Capital’s OB Streem by acquiring Med Frigo in Greece, which handles fresh fish exports for major aquaculture producers across Europe.

Fundraising and Investor Strategies

Arctos Partners with a $6.2 billion fund, a move characterized as "self-liquidating." The firm's Keystone strategy is expected to remain a relevant tool across various fundraising cycles. In Asia, Sixth Street is exploring opportunities in sports deals, with initial explorations in Japan and India as part of its regional expansion. Korean pension fund KBIZ for 2026, with plans to commit 300 billion won.

Sector-Specific Investments and Trends

Nordic Capital is actively targeting the water treatment sector in Europe, citing the significant investment required for infrastructure and the sector's skilled labor and specialist equipment constraints. Bridgepoint has signed a deal for a majority stake in Danish defense company UMag, a founder-led business spun out of the Technical University of Denmark. Ardian is set to in German battery technology firm Munich Electrification, with founders and management reinvesting alongside the firm. The attractiveness of the water treatment sector is further underscored by the scale of investment needed and existing constraints in skilled labor and specialist equipment.

Technology and AI Investments

AI company Helsing in funding, backed by Goldman Sachs and Lightspeed Venture Partners. Anthropic, a prominent AI research company, has recruited Monzo cofounder Tom Blomfield to bolster its AI compute team. Sapphire Ventures partner Anders Ranum highlighted the importance of a "show me" era for AI startups, emphasizing the need to differentiate winning companies in the current investment landscape, particularly as institutional capital navigates the valuation gap between public and private markets for AI software.

Market Dynamics and Policy

The UK pension schemes' move towards private markets, supported by policy and regulation, continues to be a key theme, though the pace may hinge on fee structures and addressing the growth capital gap, according to reports on the Mansion House Accord one year on. The secondary market is experiencing a boom, with LPs leading transactions as market conditions encourage sellers. In Europe, a debate is ongoing regarding when capital markets will respond to the entrepreneurial drive. Meanwhile, grid delays have impacted Nscale's £2 billion UK data center project.