Private Equity 24 Hours

Last updated: August 6, 2026, 5:31 PM ET

Deal Activity Across Sectors

Sunoco to acquire Court Square-backed oil transporter Offen Petroleum for $600m is set to acquire Offen Petroleum, a fuel transporter, for $600 million. Offen Petroleum operates a fuel distribution network delivering approximately 2.5 billion gallons annually to around 7,000 customers. Arlington-backed TRP Infrastructure has completed five add-on acquisitions to establish a new highway plastics division named Gulf Highway Materials. LS Power is acquiring the Brazos Valley gas-fired power plant from Constellation, a move that fulfills a regulatory divestiture commitment tied to Constellation's 2025 acquisition of Calpine. Partners Group to acquire majority stake in AVK Power is in the process of acquiring a majority stake in AVK Power Solutions, a company that has delivered more than 20,000 projects and installed approximately 3.5GW of power for data centers in European markets. Veritas to acquire Greenbelt-backed Saber Power Services is looking to acquire Saber Power Services, a platform specializing in power infrastructure services for the construction, modernization, and maintenance of electrical systems.

Strategic Acquisitions and Platform Builds

Several private equity-backed entities are executing strategic acquisitions to expand their service offerings and market reach. Nexa Equity-backed Facility Grid acquires autonomous commissioning company PingCx has acquired Ping Cx, an autonomous commissioning company, as part of a new product strategy encompassing FG Construct, Validate, and Sustain offerings. MPK Equity-backed Gorgeous Collective acquires Clean Your Dirty Face has acquired Clean Your Dirty Face, marking its first acquisition since its launch earlier in 2026. Copley Equity-backed FMG Leading snaps up Broadbranch Advisors has successfully acquired Broadbranch Advisors, with the deal closing at the end of July. RedBird’s Affinia adds Wilson Partners in UK accounting tie-up integrated Wilson Partners, a UK-based accounting firm that advises SMEs, individuals, and private equity investors, through a tie-up backed by Fordhouse.

Financial Services and Healthcare Investments

The financial services and healthcare sectors have also seen significant private equity involvement. Pantheon backs BlackRock BDC’s credit CV is backing a new credit vehicle for a BlackRock Business Development Company (BDC), which will house over $500 million in debt positions from TCPC, with pricing coming in at 95% of gross fair value as of December 31, 2025. Ares leads $2.2bn private credit package for MedImpact healthcare acquisition is leading a $2.2 billion direct loan to finance Med Impact Holdings' acquisition of Medical Card System, a Puerto Rico-based healthcare company. Apollo lands £5.7bn recommended offer for easy Jet in landmark European take-private has secured a recommended cash offer for easy Jet valuing the FTSE 100 airline at approximately £5.7 billion, ending a fast-moving four-week bidding contest. KKR takes control of 24-hospital Medicover India network has agreed to acquire Medicover India, the Indian hospital operations of Medicover AB, adding a scaled multi-specialty network to its healthcare portfolio.

Venture Capital and Secondary Market Activity

The venture capital and secondary markets are experiencing robust activity, with specialized funds attracting significant capital. G Squared secures $2.3bn as venture secondaries heats up raised $2.3 billion for its seventh flagship fund, which is approximately twice the size of its previous vehicle and took half as long to raise, indicating a strong demand in venture secondaries. Tortuga Growth Partners invests in Advanced eClinical Training has made an investment in Advanced eClinical Training out of Tortuga Growth Partners Fund I, L.P. Verdane makes majority investment in Factbird has made a majority investment in Factbird, a Danish IoT and recurring software company that provides manufacturing intelligence services.

Investor Intentions and Market Dynamics

Institutional investors are actively seeking opportunities in the private equity and venture capital landscape. ENPAV releases RFP for private equity has released a Request for Proposals (RFP) seeking private equity co-investment opportunities. MMAA seeks domestic blind-pool PE/VC funds for 2026 is looking to commit 300 billion Korean won to domestic blind-pool private equity and venture capital funds for 2026. Korea Post Insurance seeks domestic blind-pool VC funds for 2026 also plans to commit 60 billion Korean won to domestic blind-pool venture capital funds in 2026. Industriens Pension mulls adding more infra secondaries exposure is favoring indirect investments in infrastructure secondaries and has made commitments to all five infra secondaries vehicles managed by Pantheon. New Jersey sees opportunity in slow exit market Division of Investment, under CIO Shoaib Khan, is evaluating both re-ups and new opportunities in the private equity market, despite not facing liquidity concerns. Behind GP-leds’ banner H1 figures highlights market volatility as a factor in the strong performance of GP-led transactions in the first half of the year, alongside fundraising and expansion into new asset classes.

Exits and Firm Strategies

Private equity firms are actively managing their portfolios through exits and strategic sales. GSAM lining data center contractor Divcon up for sale, sources say; Broad Sky closes sale of professional services firm Smith + Howard to TPG indicates Goldman Sachs Asset Management is reportedly preparing to sell the data center contractor Divcon. Broad Sky grows Smith + Howard 4x before exiting to TPG successfully exited its investment in Smith + Howard, a professional services firm, to TPG after growing the business fourfold. Broad Sky CEO Tyler Zachem noted the durability of tax and audit advisory services, which are consistently in demand. Partners Group in talks to buy beauty biz Aroma-Zone from Eurazeo; CVC, Veritas Capital vie for Bodycote suggests CVC and Veritas Capital are reportedly vying to acquire Bodycote, a heat treatment and metallurgical services provider. Partners Group is also in discussions to acquire beauty business Aroma-Zone from Eurazeo.

Global Talent and Founder Trends

UK expands talent visa to more than 100 companies is expanding its talent visa program to include over 100 companies, potentially impacting talent acquisition for businesses operating within the country. The Return Of The Repeat Founder: Inside YC’s Growing Class Of Second-Timers analyzed Y Combinator alumni data and reveals a growing trend of repeat founders, suggesting a maturing venture ecosystem where experienced entrepreneurs are launching new ventures. Europe’s 50 most active equity investors in H1 2026 identifies Europe's most active equity investors in the first half of 2026, offering insights into the investment landscape across the continent. 7 spots to meet founders and VCs in Paris suggests Paris offers several key locations for founders and venture capitalists to meet.