Private Equity 24 Hours

Last updated: July 28, 2026, 8:30 PM ET

Private Equity Dealmaking Activity

Golub Capital has provided backing for the fast-food chain Church’s Texas Chicken. Riverside-backed Decera Clinical has made an investment in healthcare knowledge platform Onviv. Stonepeak and CMA CGM have completed the formation of United Ports, with Stonepeak investing $2.4 billion for a 25 percent stake. AIP has completed the buyout of material handling firm Intelligrated from Honeywell Technologies. HIG has acquired infrastructure services and engineering firm Avove, which focuses on regulated water and power markets. Behrman-backed Micross has acquired manufacturer AEMtec, a provider of microelectronic solutions for aerospace, defense, and medical applications. FEP has acquired Australian Planet Fitness franchisee Bravo Fit, with Planet Fitness exiting its minority ownership. BC Partners has agreed to acquire a co-control stake in Info RLife, a Swiss CDMO specializing in IV infusion bags. Mutares has agreed to acquire the Free2move car-sharing business from Stellantis, which operates across 14 European and US cities.

Fundraising and Investment Strategies

AI rollup startup Dwelly backed by EQT and General Catalyst. Throne Science, a startup developing an AI-powered toilet camera for gut health tracking in a Series A round led by Will Ventures. ETH Zurich spinout ZuriQ in a seed round. Startups at the intersection of AI and cybersecurity across more than 150 seed-stage rounds this year. Visionaries is cutting its investment team to two lead partners for its next fund. Family office Green Bear is reducing its private equity exposure and favors separately managed accounts, with chief investment officer Vishnu Amble citing cost-efficiency benefits. Green Bear is also tapping secondaries in a portfolio revamp, seeking to pare its exposure to illiquid assets. Step Stone has led on Cabot’s £140 million secondary for Premier Modular, a modular buildings provider that raised £360 million from European infrastructure investors.

Industry Trends and Personnel

Wealth management continues to, with Carlyle making its debut investment from a new aerospace platform. AE Industrial Partners has appointed Leonard Dollaga as operating partner to identify investment opportunities in national security sectors, particularly maritime. Tower Brook’s Joseph Knoll believes the strongest opportunities are in business, financial, and healthcare services where AI meaningfully improves productivity and customer outcomes. Knoll also noted that Europe offers lower multiples but a more challenging regulatory environment, while ECP and KKR have made offers for DCC Energy. Software disruption is driving buyers towards single-asset carried interest vehicles. Asia’s Affinity has lost another senior executive, marking at least nine senior departures since the start of 2023. 9fin has completed its first employee share sale following a $170 million raise.