Private Equity 24 Hours

Last updated: August 6, 2026, 11:31 AM ET

European Private Equity Deals

Apollo has launched a recommended cash offer for easy Jet valuing the airline at approximately £5.7bn. This move signals a significant European take-private transaction, concluding a swift four-week bidding process.

In the data center sector, Partners Group is in negotiations to acquire a majority stake in AVK Power. AVK Power a track record of completing over 20,000 projects, installing roughly 3.5GW of power for data centers across Europe's key markets. Separately, Goldman Sachs Asset Management is preparing to sell Divcon, a contractor specializing in data center power engineering. provides building management and electrical power monitoring systems for data centers and other critical facilities.

Veritas Capital is in the process of acquiring Saber Power Services, a company backed by Greenbelt. Saber Power a vertically integrated suite of power infrastructure services, assisting clients with the construction, modernization, and maintenance of essential electrical systems.

Healthcare and Financial Services Transactions

Ares Management is spearheading a $2.2bn direct loan to facilitate Med Impact Holdings' planned acquisition of Medical Card System. Medical Card System is based in Puerto Rico. KKR has agreed to acquire the Indian hospital operations of Medicover AB, known as Medicover India. This acquisition will add a scaled, multi-specialty network to KKR's existing healthcare portfolio.

In the accounting sector, Red Bird's Affinia is expanding through a UK tie-up with Wilson Partners. Partners provides advisory services to small and medium-sized enterprises, private individuals, and private equity investors throughout the UK, and it is backed by Fordhouse. Broad Sky has successfully exited its investment in the professional services firm Smith + Howard, selling it to TPG. Broad Sky that Smith + Howard experienced a fourfold increase in growth during its ownership period, with CEO Tyler Zachem noting the durable nature of tax and audit advisory services.

Infrastructure and Energy Investments

LS Power set to acquire the Brazos Valley gas-fired power plant from Constellation. This divestiture is a result of a regulatory commitment tied to Constellation's 2025 acquisition of Calpine.

Industriens Pension, a Danish retirement scheme, is considering increasing its exposure to infrastructure secondaries. The scheme prefers indirect investments over direct ones in the secondaries market and has already committed capital to all five infrastructure secondaries vehicles managed by Pantheon.

Venture Capital and Secondaries Activity

G Squared successfully raised $2.3bn, indicating a heating up of the venture secondaries market. The firm's seventh flagship fund is approximately double the size of its predecessor and was raised in half the time. Carlyle's chief Harvey Schwartz, indicated on the firm's Q2 2026 earnings call that the company increasingly views Alp Invest as more of a corporate finance division rather than a standalone secondaries unit. Schwartz also that cyclical tailwinds supporting the secondaries market are expected to persist for "the next several years."

MMAA intends to commit 300bn Korean won to domestic blind pool private equity and venture capital funds in 2026. Similarly, Korea Insurance plans to commit 60bn Korean won to domestic blind pool venture capital funds in 2026.

Fundraising and Market Dynamics

New Jersey Division of Investment is actively seeking both re-ups and new investment opportunities in the current market, despite being spared liquidity concerns. Shoaib Khan and director of the division, stated that new opportunities are being evaluated on equal footing with existing commitments.

Moove has raised $250M to support its expansion in the robotaxi industry, aiming to become a central provider for fleet management. The company plans to eventually own robotaxis, not just manage them.

In a notable development for the venture capital landscape, Yann LeCun, a prominent AI researcher, has joined a new venture capital firm. Lightspeed partners Machiz and Claire Zau discussed their firm's social media strategies and podcast on the Equity studio, highlighting how they found their newest hire via an Instagram direct message.

Deal Pipeline and Exits

Bodycote plc has confirmed receiving two competing conditional cash offer proposals, one from CVC and another from Veritas Capital Fund IX. These proposals value the company at £1.56bn. Partners Group also reportedly in talks to acquire beauty business Aroma-Zone from Eurazeo.

Bain Capital set to acquire Gong cha, a tea beverage chain, from TA Associates. Gong cha offers a variety of drinks including milk tea and fruit tea. KKR-backed FGS made its second acquisition of a bipartisan government affairs firm, Rich Feuer Anderson, following its purchase of Tarplin, Downs & Young in September 2025.

GSAM is reportedly preparing to sell Divcon Controls, a provider of building management and electrical power monitoring systems for data centers and mission-critical facilities.