Private Equity 24 Hours

Last updated: July 28, 2026, 5:30 PM ET

Infrastructure and Industrial Deals Dominate Activity

Stonepeak and CMA CGM have finalized the formation of United Ports, a joint venture where Stonepeak injected $2.4 billion for a 25% stake, while CMA CGM retains 75% ownership and operational control. In a separate transaction, HIG acquired infrastructure services and engineering firm Avove, which focuses on regulated water and power markets. AIP completed the buyout of material handling firm Intelligrated from seller Honeywell Technologies. Behrman Capital-backed Micross has acquired AEMtec, a manufacturer serving aerospace, defense, space, medical, and industrial applications.

Healthcare and Technology See Significant Investment

Golub Capital is backing fast-food chain Church's Texas Chicken, which was acquired by High Bluff Capital Partners and Future Standard in 2021. Riverside-backed Decera Clinical has invested in healthcare knowledge platform Onviv, which provides continuing education for medical professionals. AI startup Dwelly secured $170 million in funding from investors including EQT and General Catalyst. Eth Zurich spinout Zuri Q raised $25.5 million in a seed round. Will Ventures led a $10 million Series A round for Throne Science, a startup developing an AI-powered toilet camera for gut health tracking.

Energy and Services Sectors Attract Strategic Moves

Mutares has agreed to acquire Free2move, Stellantis's car-sharing business operating in 14 European and US cities. Tower Brook's Joseph Knoll highlighted that the strongest opportunities lie in business, financial, and healthcare services, where AI can significantly boost productivity and customer outcomes. ECP and KKR have reportedly made offers for DCC Energy, while Knoll also noted that Europe offers lower multiples but a more challenging regulatory environment.

Family Offices Realign Portfolios

Family office Green Bear is actively revamping its portfolio by tapping into the secondaries market, with chief investment officer Vishnu Amble favoring bilateral sales of private equity fund stakes to reduce exposure to illiquid assets. Amble also indicated that Green Bear is reducing its private equity exposure, favoring separately managed accounts (SMAs) due to their cost-efficiency benefits in a climate of lower private equity returns.

Other Notable Transactions and Trends

FEP has acquired Bravo Fit, an Australian Planet Fitness franchisee, marking an exit for Planet Fitness from its minority ownership position. BC Partners has agreed to acquire a co-control stake in Info RLife, a Swiss CDMO specializing in ready-to-use IV infusion bags for hospitals. AE Industrial Partners has appointed Leonard Dollaga as operating partner, tasked with identifying and assessing new investment opportunities in national security sectors, particularly maritime. Step Stone led a £140 million continuation fund for Premier Modular, a modular buildings provider that also received funding from European infrastructure investors. Startups at the intersection of AI and cybersecurity have collectively raised $855 million across more than 150 seed-stage rounds this year.