Private Equity 24 Hours

Last updated: August 11, 2026, 5:40 PM ET

Mega-Deals & Fundraising

A consortium of giant private capital houses including Apollo, Blackstone, Brookfield and KKR is lining up behind NVIDIA in a $500bn effort to turn compute into an asset class. Separately, Apollo Sports Capital has invested $2.6bn in Yankee Global Enterprises, parent of the New York Yankees, to support franchise growth and refinance existing debt. The Scaleup Europe fund, a public-private vehicle targeting $5.7bn, made its first investment by backing Finnish satellite company ICEYE.

Healthcare & Services

CHG Healthcare, a Salt Lake City hospital staffing firm, acquired medical staffing company Krewe Anesthesia. Phase 1 Equity, a doctor-owned platform backed by Dune Glass, snapped up a North Dakota orthodontic practice. Quad-C invested in Paradigm, an occupational safety platform formed through the combination of Code Red Safety, Concept Controls and Haz Tek. Baymark acquired healthy meal prep and delivery company Meal Prep Sunday, its 66th acquisition. Trinity Hunt backed management consulting firm Fisher Management Partners, where Todd Fisher and partners remain in leadership.

Technology & Software

Thoma Bravo completed its $466m take-private of Kneat, a Limerick-based digital validation software firm, which has been delisted from the Toronto Stock Exchange. BNP Group, backed by Godspeed, acquired cost management firm US Cost Incorporated from Schneider S.E. PrimeSource Brands, a Clearlake-backed building products provider, acquired Starborn Industries. Keltec, a Vance Street-backed filtration solutions specialist, snapped up AJF Filtration.

Industrials & Infrastructure

Alro Steel, a metals distributor founded in 1948, landed a majority investment from Lindsay Goldberg, with the Glick family retaining a significant stake. THL Partners invested in pavement maintenance services firm Pave Masters, with existing investor Northern Lakes Capital selling its stake. Big Top Manufacturing, an Altamont-backed provider of engineered fabric structures, acquired Coast to Coast Contracting. HIG Capital completed its acquisition of UK engineering firm Phoenix ME, which provides mechanical and electrical services to blue-chip clients. New Heritage invested in Power Rail, an Exeter, Pennsylvania-based manufacturer and distributor of aftermarket locomotive parts. Airo, backed by CCMP Growth, acquired specialty plumbing and HVAC firm Legrande’s Enterprises. Private equity is also increasingly backing Europe’s growing HVAC market, as temperatures rise across the continent.

Secondaries & GP Stakes

Hollyport sold a passive 25% economic interest to Blue Owl, while maintaining its independence as a tail-end specialist. Monogram completed a continuation fund for beverage company Mountaintop, with Apollo S3 as lead investor. Exponent tapped Apollo, Pantheon and SQ Capital for a single-asset continuation vehicle of about $867m (€750m) to retain H&MV Engineering. Ardian co-CEO Mark Benedetti highlighted the most mispricing opportunities in European assets and secondaries, noting more European families are seeking partners to help them expand internationally.

Live Entertainment & Sports

Providence is selling live entertainment firm ATG to Mari, which operates 70 venues across the UK, US, Germany and Spain, including seven on Broadway and ten in London’s West End. The Yankees’ $2.6bn Apollo deal also underscores the growing appetite for sports franchise investments.

Venture Capital & Trends

Monashees, one of Latin America’s oldest VC firms, is opening a San Francisco office as it believes the region’s startup ecosystem now requires a permanent Silicon Valley presence. Bob Morse argues that AI-native redesign of teams and roles, not just adding AI tools, is key to productivity gains. VCs are watching 17 physical AI startups. First Momentum’s cofounder spotlights the most underrated areas in deeptech. The South Summit 2026 identified three trends shaping European tech. Sovereign wealth funds are leading AI investing, while PE talent increasingly flows to Spain; big deals bolster African deal data. The Plymouth County Retirement Association has issued an RFP for a North American private equity manager.