Private Equity 24 Hours

Last updated: July 13, 2026, 2:30 PM ET

Deal Activity and Exits

Atlas Holdings acquired C&D Trojan Battery from KPS Capital Partners via its portfolio company Stryten Energy, expanding Stryten's footprint to 15 battery manufacturing and component facilities across the U.S. with 3,700 employees. AE Industrial bolstered its specialty materials platform with the acquisition of powder spray producer Powder Alloy. Broadwing completed its tenth add-on acquisition with Lehr, securing emergency vehicle upfitting assets from Pro Logic ITS and deepening its Southeast presence. Separately, Wynnchurch Capital exited its investment in flow control specialist Flo Works to Ferguson for $1.6 billion, a deal representing a 10x LTM adjusted EBITDA multiple including estimated synergies of $45 million. Mill Point finalized its acquisition of Total Safety Supplies & Solutions from a Littlejohn & Co. portfolio company. HIG Capital saw its OB Streem platform acquire Med Frigo in Greece, a move set to enhance cold-chain logistics for Greek aquaculture producers exporting across Europe.

Secondaries Market Growth

Arctos Partners launched its debut GP financing strategy, raising $6.2 billion, which it described as "self-liquidating." The secondaries advisory space saw significant talent movement, with hiring a managing director from PJT, and building out its LP-led secondaries business with a team of four from Evercore, including a vice president who will join as managing director. LGT Capital Partners, Dawson Partners, and Pomona Capital discussed the growing appeal of the LP-led secondaries market due to current market conditions encouraging sellers in a recent podcast Secondaries Investor.

Sector Focus and Global Expansion

Nordic Capital is exploring the attractiveness of the water treatment sector, citing significant investment needs and labor and equipment constraints. Bridgepoint signed a deal for a majority stake in Danish defense company UMag, a spin-out from the Technical University of Denmark. Ardian is set to acquire a majority stake in German battery-tech firm Munich Electrification, with founders retaining a minority stake and management investing alongside Ardian to fund expansion. Sixth Street is eyeing Asian sports deals as it looks to expand its regional presence, having already explored opportunities in Japan and India.

Technology and AI Investments

Helsing raised $1.8 billion with backing from Goldman Sachs and Lightspeed Venture Partners. Anthropic recruited Monzo cofounder Tom Blomfield to lead its AI compute team. Sapphire Ventures partner Anders Ranum discussed navigating the valuation gap between public and private markets for AI startups in an interview with Crunchbase News Crunchbase News. Goldman Sachs noted that AI is making underwriting a more challenging prospect PE International.

European Market Dynamics and Policy

The UK pension schemes' move into private markets is supported by policy and infrastructure, but the pace hinges on fee mechanics and closing the growth capital gap, according to a report on the Mansion House Accord's first year PE International. Data centre developer Nscale's £2 billion UK project has encountered grid delays Sifted. Korean pension fund KBIZ is seeking domestic blind-pool PE/VC funds for 2026, aiming to commit 300 billion won PE International. European entrepreneurs are pushing for capital, but the market's response remains to be seen Sifted. Moldova's incoming prime minister is reportedly a private equity enthusiast PE International.