Private Equity 24 Hours

Last updated: July 17, 2026, 2:30 AM ET

Deal Activity Continues Across Sectors

Private equity firms have been active across a range of industries, with notable transactions in healthcare, technology, and industrial services. Partners picked memory care community Alamar Senior Living, while AI firm Spike Technologies. In the industrial sector Epic Piping, a pipe fabrication and distribution firm, and Guardian sold manufacturer Precision Roll Solutions to American Roller Company. Elsewhere, Avathon-backed Summit health-focused continuing education provider Kids Bowel & Bladder, and its HIP services provider Kittyhawk to Machine Sciences, a portfolio company of Viking Global. CCMP sold BGIS to Veritas, and concrete distributor Gierke Robinson. Additionally, Equity-backed Sizemore Carlson Building Maintenance, and reusable bags provider Redi Bag USA. partnered acquire senior relocation services firm Caring Transitions, and Tailwater backed Pickton Gas Storage. In the residential space, H.I.G. Capital launched a €1bn German residential platform named Highground.

Technology and Fintech Investments Show Momentum

Technology and fintech sectors continue to attract significant private equity and venture capital investment. AI-powered travel unicorn status, raising $60M in a Series D round that valued the company at $1 billion. Fintech payment provider Mollie is planning a €350M expansion across Europe, with CEO John Erland-Brewer stating the company is not pursuing a "superapp" strategy. doubling down on its European presence. Meanwhile, EQT's €5bn to lead a funding round for Mistral AI. In venture capital former OpenAI executive Ryan Beiermeister as a partner. In Germany, robotics startup Microagi raised $55M in what is described as the country's largest ever seed round Microagi raised $55 million. Elsewhere, Verdane acquired stakes in four technology businesses from Trifork Labs, including cybersecurity firm XCI and digital health business Dawn Health.

European Markets and Strategic Allocations

European private equity continues to see significant dealmaking and strategic shifts in asset allocation. Bridgepoint agreed to acquire a majority stake in German laboratory testing business GBA Group from Ardian. In a separate transaction the advantages of carve-out complexity, while Arlington Capital plans to take photonics business Gooch & Housego private in a £345.6M deal Gooch & Housego private. German institutional investor KENFO plans to increase its private markets allocation to 30% from 25% over the next two years, though it will trim its private equity exposure KENFO will lift its allocation. In Italy Milan real estate developer Borio Mangiarotti.

Fund Management and Investor Scrutiny

Fund managers are facing increased scrutiny, with Partners Group warning that evergreen outflows could reach $20 billion. The firm also disclosed that private equity accounts for two-thirds of its underperforming assets. A report from Paul, Weiss indicates that scrutiny on fund governance has intensified amid adversity, with Limited Partners seeking greater control and stronger protections against succession and zombie fund risks. In the secondaries market, continuation vehicles are emerging as a key liquidity tool in private credit, although many LPs are still opting to cash out amid rising market scrutiny CVs are emerging. M&G is building its infrastructure secondaries exposure, targeting continuation vehicles for assets that require more time and capital to support growth M&G builds.

Asia and Lat Am See Investment Growth

Asia's startup funding reached a multiyear peak in Q2, driven by China, with investors pouring $42.8 billion into funding rounds across the continent a multiyear peak. BlackRock finds significant opportunity in Latin America, identifying three billion reasons to favor Lat Am LPs BlackRock finds three billion reasons to like Lat Am LPs. The region is also seeing specific fund activity, with Advantage Partners planning to target Japanese firms shielded from foreign takeovers.

Valuations and Exit Strategies

The valuation landscape for startups, particularly in AI, is under review, with historical data suggesting that very large first financings rarely produce venture-scale returns due to high entry valuations limiting investor upside venture-scale returns. In terms of exits, CVC Capital Partners and Groupe Bruxelles Lambert received backing from the board of Italian drugmaker Recordati for their takeover offer. Ardian arranged unitranche financing for Astorg's buyout of Barkene, a French technical services provider Ardian arranges unitranche financing.

Sector-Specific Transactions and Strategies

Several specific sector transactions highlight ongoing private equity activity. Zoetis set vet teleradiology services firm Vital Rads, which is owned by Thrive Pet Healthcare. In the continuing education space, Summit acquired Kids Bowel & Bladder. The building products sector continues to attract private equity buyers such as CD&R and Truelink, as indicated in a companies-for-sale update where CCMP sold BGIS to Veritas PE buyers.

Fund Structures and Performance

EQT's VC continuation fund, with Harbour Vest leading a €526m vehicle, houses eight assets eight assets. Meanwhile, PEI analysis reveals a wide variety in benchmarking approaches among the largest private equity investors the immense variety in benchmarking approaches.