Private Equity 24 Hours

Last updated: August 13, 2026, 5:42 AM ET

Mega Deals & Fundraising

Thrive Holdings raised $2 billion at a $12 billion valuation from investors including SoftBank, D1 Capital, and Altimeter to bring AI to enterprises. CVC Credit priced Apidos LVIII, a new $550 million collateralised loan obligation, extending a busy year of CLO issuance. ClearJet raised $25 million in Series B funding to build an AI-enabled “Uber for cargo” logistics platform. Lovable secured $400 million at a $13.3 billion valuation backed by the EU's Scaleup Fund. Uforce is targeting upwards of a $4 billion valuation in a new funding round for its drone technology. Multiverse Computing is nearing a $500 million Series C round as it vies to become Europe's next AI champion. Goldman Sachs agreed to acquire ETF provider Neos Investments for $2.25 billion, adding $30 billion in AUM. HarbourVest held a final close of $4.75 billion for its seventh flagship co-investment fund, targeting AI and healthcare.

Technology & AI

A venture lab based in London's Docklands is building deeptech startups to address environmental challenges, operating under the radar. Index Ventures is in talks to lead a $500 million round for a new AI lab founded by a Deep Mind researcher. Venture investment in fitness and wellness startups totaled more than $3.6 billion in the first half, with investors favoring AI and data-driven platforms over hardware like treadmills.

Healthcare & Life Sciences

Marlin Equity's Radar Healthcare completed the add-on acquisition of Cemplicity, a patient experience and outcomes platform active in Australia, New Zealand, the Middle East and the UK. Astorg completed the buyout of Thermo Fisher Scientific's microbiology business. Mountaingate exited its investment in healthcare commercialization platform Relevate, which it first backed in 2020. Gridiron Capital invested in van den Boom & Associates, a provider of back-office solutions for life sciences companies. Riverside-backed Western Botanicals invested in dietary supplement developer Yellow Emperor.

Financial Services

WestBridge agreed to acquire a majority stake in Beckett Investment Management, a financial planning firm with £2.1 billion in AUM, from Foresight Group. TDR Capital is exploring a sale of Arrow Global, the British private credit manager it took private five years ago. Reverence Capital-backed Sunstar acquired insurance agency RJR Faribo. Clearview-backed Capitol Services acquired corporate services provider Wolz.

Consumer & Beverages

Beverage deals are heating up as private equity firms like Bain Capital, Platinum Equity, and Monogram invest in both consumer brands and manufacturing within the sector, according to a Harbour Vest deployment strategy report.

Environmental Services

One Rock is selling environmental services firm Enviro Serve to Clean Harbors for $470 million, with the transaction expected to close in the second half of 2026.

LP & Pension Views

The LA Fire and Police Pension system, a $38 billion pension fund, reaffirmed its conviction in lower mid-market and emerging managers, with its head of PE stating the portfolio's distributions have fared well. Ex-APG PE veteran John Renkema argued that pensions should use internal asset class evaluations and specific goal assessments to better measure performance. Meanwhile, a Side Letter notes that valuations are facing increased scrutiny from the SEC.

Travel & Tourism

Private equity is investing in the travel and tourism sector, with West Bridge also moving to buy a stake in a financial planner from Foresight.

Workforce & Culture

Ukrainian tech workers offer lessons on maintaining morale amid war, sharing strategies for keeping teams motivated and focused during prolonged crises.