Private Equity 24 Hours

Last updated: July 29, 2026, 5:30 PM ET

Fundraising and Investment Activity

TJC, formerly The Jordan Company, is targeting a $12 billion final close for its seventh flagship fund, Resolute Fund VII, exceeding its initial goal by $2 billion. In infrastructure, Bain Capital led a $1.5 billion investment in the Eaton Fiber platform, aiming to accelerate Verizon's fiber broadband expansion across the US. Bain Capital also spearheaded this $1.5 billion investment, highlighting a significant push into the sector. Meanwhile, the UK continues to attract private equity interest, with global macroeconomic concerns driving a larger share of activity towards Europe. Secondaries funds, despite representing only 4% of private real estate fundraising in 2025, are demonstrating continued capital commitment. Separately, Fox Path has disclosed details of its debut credit secondaries fund.

Dealmaking Across Sectors

BlackRock-backed Influence Media Partners is set to acquire Anthem Entertainment's music assets for over $600 million, encompassing a catalog of more than 24,000 songs. AIP has completed a take-private buyout of medical technology firm Avanos Medical, with Avanos stockholders receiving $25 per share in cash. Vista Equity Partners is acquiring software firm Quantios from Hg, a business formed from the merger of Trust Quay and View Point. Macquarie is exploring the sale of waste management company Win Waste, which is expected to draw interest from strategics and infrastructure funds. Carlyle-backed Included Health is acquiring healthcare company Firefly Health. Investcorp has acquired wealth management firm Berger Financial Group, which manages over $3 billion in assets. Open Gate Capital has agreed to acquire Knorr-Bremse’s rail HVAC unit, Merak. Apax is to acquire medical packaging firm Centor and another plastic packaging company from Gerresheimer for €1.5 billion, with the combined businesses generating approximately €570 million in revenue in 2025. Water tech firm Xylem is acquiring Eagle Tree-backed Water Fleet for $200 million. Carbyne-backed Suan Nutra is acquiring a portfolio of natural ingredients businesses from IFF. Providence has made an additional investment in talent agency The Team, which will be used to acquire the founder's remaining ownership stake.

Technology and AI Focus

Former Meta and Slack engineers have raised $15 million in Series A funding for their new startup, Centralize, an enterprise sales platform designed as a "Deal GPS." Freehand has raised $75 million in Series B funding to scale autonomous AI agents that manage supply chain spend and back-office operations. The role of AI in value creation is facing scrutiny, with concerns that general partners (GPs) may overpromise and underdeliver. However, some believe the AI era will benefit middle-market technology companies, or "middleweights," more than large incumbents or AI-native startups. Elsewhere, Juniper Capital has exited Andes Coil Processors, marking its 11th exit from four platform companies since 2017. Gemspring-backed Key Line has merged with utility services firm Palouse Power. Pliant has achieved $100 million in annual recurring revenue following its US expansion.

Market Commentary and Strategic Insights

Providence's Karim Tabet suggested that AI "fatigue" may indirectly boost live events, as digitalization paradoxically increases the value of physical scarcity. He also noted that more sellers are becoming "realistic" on must-move assets, with new investment opportunities emerging in communications, live events, and education despite the backdrop of AI. One of Europe's most active limited partners is seeking venture capital firms with "industrial know-how." The label "AI" alone may not be sufficient to sway limited partners, and the "gating-gate" strategy is impacting appetite for evergreen funds. Spanish private equity is experiencing an exit bounce.