Private Equity 24 Hours

Last updated: August 4, 2026, 5:31 PM ET

Private Equity Dealmaking and Acquisitions

Thoma Bravo is set to divest Command Alkon, a software and platform technology provider for the heavy building materials industry, to Francisco Partners. Axum Capital agreed to acquire Barcode, a Los Angeles-based plant-based and hydration drink brand. Ridgemont has acquired Entact, a national provider of environmental remediation and geotechnical construction services, from JFLCO. Wynnchurch-backed Trimlite purchased doormaker Barnett Millworks, expanding its reach into the Southeast market and enhancing its North American customer service capabilities. Wind Point Partners is acquiring ECI, a managed services provider for alternative asset managers and regulated financial firms, from H.I.G. Capital. Advent HarbourVest have agreed to acquire FNZ Bank in Germany, which connects over 50,000 financial advisers, 200 asset managers, and more than 400 distribution partners. EIP and Ocean Sound-backed Convey has acquired Selectron, a company specializing in government and utility software, merging omnichannel communications and engagement operating systems. Sheridan Capital has acquired Carolina Components Group, a provider of custom-engineered bioprocessing assemblies, noting anticipation of strong market interest upon future sale. to take Integer Holdings private in an all-cash transaction valued at approximately $5.7 billion, marking a significant carve-out of the medical device company. Waterland has taken a majority stake in Norisol, a Danish industrial services firm offering technical insulation, scaffolding, and marine solutions, which posted an operating margin exceeding 13% in 2025 and expects revenue to surpass DKr1 billion in 2026. BV Investments is partnering with the leadership team of workforce compliance service provider Thomas & Company to support its growth phase. Apollo has agreed to acquire Maverick Water Group, an operator of alternative non-potable water systems, from Crosstimbers Capital Group. Ash Grove is backing 10x Banking, a provider of cloud-native core banking technology for financial institutions seeking to modernize legacy infrastructure. Mutares has completed its largest deal to date, acquiring SABIC's engineering thermoplastics business in the Americas and Europe for $450 million, which will be rebranded as Nex Point Materials and employs approximately 2,800 people with annual revenues around $2.5 billion. has launched its debut credit secondaries strategy, aiming to invest in LP-led, GP-led, and opportunistic deals with a focus on senior lending. Met Life Investment Management has closed its third private equity fund with $1.2 billion, with Lexington Partners serving as the lead investor in this managed secondary transaction. halfway to its fundraising target for Fund XI, which has a total goal of $22 billion to $25 billion and began its capital raise in February. The European Union has officially launched its €5 billion tech superfund. Adams Street has doubled the size of its latest flagship secondaries fund, raising $2.7 billion as part of a $5 billion program, with a strategy focused on a 50/50 split between LP-led and GP-led investments, primarily in North America and Europe. equity's growing interest in US naval investments is highlighted, with the US Navy budget exceeding $300 billion, a figure larger than the GDP of over 75% of the world's countries.

Venture Capital and Technology Investments

Global venture reached $65 billion in July, a 100% increase year over year, marking a historic run for startup capital with the highest number of billion-dollar venture rounds ever recorded in a single month. A16z has backed Happy Robot at a valuation of $1.2 billion. Bending Spoons has made its first acquisition since its IPO, striking a $2.25 billion deal for Airtable. Nordic Capital is set to acquire BWX Technologies' medical business for up to $800 million, signaling a significant bet on the radiopharma sector. Nscale will provide compute resources to AI researchers at Oxford, UCL, and Imperial. Graphite's Mike suggests that the rise of AI-generated content could lead to a revaluation of companies with "rights-clean" data, as such data represents a critical input for AI development. has emerged from stealth, raising $4.95 million. Plural has backed a $43 million round for Ore Energy, a startup focused on next-generation batteries. robotics startups have collectively raised more capital in the first six months of the year than in the preceding two years combined.

Market Trends and Investor Focus

Limited partners are increasingly seeking to enshrine better reporting standards from general partners (GPs), while concerns are being raised that impact investing is being unfairly associated with ESG issues. Blue Owl is strengthening its talent presence in Tokyo. changing investment strategies of the world's largest private equity allocators are being analyzed in the fourth installment of PEI Group's podcast miniseries, "The Data Dive." There is a growing discussion around the need for secure and user-friendly AI, with the assertion that siloed data only provides a partial view of the overall picture. Nik Storonsky is facing a lawsuit related to a €350 million superyacht. TechCrunch is inviting organizers to host side events during "Founder Summit Week" in Boston, aiming to connect with over 1,100 startup founders, investors, and tech leaders attending the Founder Summit 2026.