Private Equity 24 Hours

Last updated: August 11, 2026, 11:39 PM ET

Venture Capital & Fundraising

Accel closed an oversubscribed $550 million India fund in just weeks, with 55% of its prior $650 million vehicle still available. Scaleup Europe, a public-private fund targeting $5.7 billion, made its first investment by backing Finnish satellite company ICEYE. Monashees opened a San Francisco office, extending its Latin American influence into Silicon Valley. South Summit 2026 highlighted three trends shaping European tech, while Plymouth County Retirement Association issued an RFP for a North American private equity manager.

Mega-Deals & High-Profile Investments

Apollo Sports Capital invested $2.6 billion in Yankee Global Enterprises, supporting the Yankees franchise’s growth and debt refinancing. Apollo, Blackstone, Brookfield, and KKR lined up behind NVIDIA in a $500 billion push to make compute an asset class. Exponent closed a single-asset continuation vehicle of about $867 million (€750 million) for H&MV Engineering, with Apollo, Pantheon, and SQ Capital as backers. Thoma Bravo completed its $466 million take-private of Irish validation software firm Kneat, delisting it from the Toronto Stock Exchange.

Buyouts & Add-Ons

Providence is selling live entertainment firm ATG to Mari, with ATG operating 70 venues globally. Lindsay Goldberg took a majority stake in metals distributor Alro Steel; the founding Glick family retains a significant interest. THL Partners invested in pavement maintenance firm Pave Masters, with Northern Lakes Capital exiting. Clearlake-backed PrimeSource Brands acquired Starborn Industries. HIG Capital completed its acquisition of UK engineering firm Phoenix ME. New Heritage invested in locomotive parts manufacturer Power Rail. Godspeed-backed BNP Group acquired cost management firm US Cost Incorporated from Schneider. Vance Street-backed Keltec snapped up AJF Filtration. Altamont-backed Big Top Manufacturing acquired Coast to Coast Contracting. Baymark acquired Meal Prep Sunday in its 66th acquisition. Quad-C invested in occupational safety platform Paradigm. Trinity Hunt backed management consulting firm Fisher Management Partners. Airo, backed by CCMP Growth, acquired specialty plumbing and HVAC firm Legrande’s Enterprises. Monogram completed a continuation fund for beverage company Mountaintop, with Apollo S3 as lead. Phase 1 Equity, backed by Dune Glass, snapped up a North Dakota orthodontic practice.

Healthcare & Medical

CHG Healthcare, a PE-backed hospital staffing firm, acquired medical staffing company Krewe Anesthesia. The medical education gap presents a growing opportunity for private equity as global demand for healthcare professionals surges.

AI, Compute & Deep Tech

A host of mega-firms are backing NVIDIA to create a $500 billion compute asset class. The distinction between AI-native and AI-sprinkle is reshaping business models. VCs identified 17 physical AI startups to watch, and the most underrated deeptech areas were spotlighted by First Momentum’s cofounder.

European Markets & Infrastructure

Private equity is increasingly backing Europe’s growing HVAC market, with firms like Exponent and Nvidia partnerships also featuring. Ardian co-CEO Mark Benedetti sees the most mispricing opportunities in European assets and secondaries, as more European families seek international expansion partners. A roundup of deals also included Apollo Sports Capital’s Yankee investment and New Heritage’s Power Rail backing.

Secondaries & Fund Transactions

Hollyport sold a 25% passive stake to Blue Owl, maintaining independence. Exponent’s $867 million continuation vehicle for H&MV Engineering highlights growing CV activity. Monogram’s earlier continuation fund for Mountaintop also closed.

Global & Sovereign Wealth

Sovereign wealth funds are leading AI investing, while PE talent flows into Spain accelerate and big deals bolster African deal data, according to the latest Side Letter.