Private Equity 24 Hours

Last updated: August 4, 2026, 8:30 AM ET

Private Equity Deals and Valuations

KKR has agreed to acquire Integer Holdings, a medical device company, for approximately $5.7 billion in an all-cash transaction. Sheridan has acquired Carolina Components Group, with the firm anticipating strong interest upon future sale. TSG Consumer has taken a majority stake in Saltair, a body care brand, valuing the company at the top of its category. Waterland has acquired a majority stake in Norisol, a Danish industrial services firm, which posted an operating margin of over 13% in 2025 and expects revenue to exceed DKr1 billion in 2026. EnCap Flatrock sold Momentum Midstream to Williams for $5.5 billion, with Momentum operating a natural gas system of over 4,000 miles of pipelines. CVC and Partners Group are set for a full exit from Żabka Group, as Alimentation Couche-Tard has made an $8.6 billion bid for Poland's largest convenience retailer. KKR is also set to acquire a 50% stake in Total Energies’ European onshore solar and wind business for €1.8 billion, following its $1.25 billion acquisition of Total Energies' North American solar business in late 2025. Permira has agreed to sell Bio Catch, a behavioral-based fraud intelligence provider protecting over 760 million consumers, to Visa for $2.4 billion. Mutares has completed its largest deal to date with the $450 million acquisition of Sabic’s engineering thermoplastics business in the Americas and Europe, which will be rebranded Nex Point Materials and employs approximately 2,800 people generating roughly $2.5 billion in annual revenue. Apollo has agreed to acquire Maverick Water Group, an operator of alternative non-potable water systems, from Crosstimbers Capital Group. Cortec Group is preparing to sell A1 Garage Door Service, a portfolio company from 2019, while McNally Capital has taken a majority investment in Tenica, citing growing demand for defense and intelligence services. Amerit Fleet has expanded its Canadian footprint by acquiring Triple Diamond Truck and Trailer Repair, a provider of commercial truck and trailer maintenance.

Venture Capital and Technology Investments

Global venture funding showed no signs of slowing in July, with startup capital totaling $65 billion, representing a 100% year-over-year increase and marking the highest-ever number of billion-dollar venture rounds. The European Union has launched a €5 billion tech superfund to support innovation. Nscale will provide compute power to AI researchers at Oxford, University College London, and Imperial College London. Bending Spoons acquired Airtable for $2.25 billion in its first acquisition since its IPO. Exclaim Robotics a Zurich-based startup, has emerged from stealth and raised $4.95 million. Plural has backed a $43 million round for Ore Energy, a next-generation battery startup. European robotics startups have collectively raised more funding in the first six months of the year than in the previous two years combined.

Fundraising and Investor Strategies

Adams Street has raised over $5 billion in capital commitments for its latest Secondaries Investment Program, anchored by the $2.7 billion close of Global Secondary Fund, which seeks a 50/50 split for LP-led and GP-led deployment with a focus on North America and Europe. budget exceeds $300 billion, presenting significant investment opportunities for private equity. Specialist impact firm Blue Earth has raised an additional $100 million and held a second close for its debut dedicated secondaries fund. KKR is reportedly considering launching a GP-led strategy, with CFO Robert Lewin highlighting the potential to build a "world-class" business in this sub-segment. The latest installment of PEI Group's podcast miniseries analyzes the Global Investor 150 ranking to understand the investment strategies of the world's largest private equity investors.

Market Trends and Emerging Themes

Graphite's Mike suggests that the rise of AI content could lead to a re-rating of targets with "rights-clean" data, arguing that many businesses are currently undervalued despite owning critical inputs for AI development. The skills developed in product management roles may be as relevant for leadership in tech as traditional paths like COO or CFO. There is a growing trend of investors transitioning into founders. Ardian has arranged new financing for Arche MC2, backing a shareholding reorganization that will see Montefiore Investment and Activa jointly control the French software publisher. Nik Storonsky is facing a lawsuit related to a €350 million superyacht.