Private Equity 24 Hours

Last updated: August 13, 2026, 11:31 PM ET

Private Equity Dealmaking and Fundraising

Private equity firms are actively engaged in a range of transactions, from acquisitions to strategic investments. Thoma Bravo is set to take the specialty insurance risk exchange platform Accelerant private for over $4 billion, with Altamont Capital Partners and Accelerant's founders retaining equity. In a separate deal, Apax is selling its food supply chain logistics provider Tosca to Goldman Sachs Alternatives. Astara Capital has acquired Dynatec, an industrial wastewater treatment firm serving sectors including food & beverage, automotive, and data centers. RF Investment Partners has invested in RJ Underground, a drilling company that serves municipal, utility, commercial, and residential clients. Braemont Capital is investing in consulting firm Thought Logic to accelerate its growth.

In the healthcare sector, Marlin's Radar Healthcare has completed an add-on acquisition of Cemplicity, a patient experience and outcomes platform operating in Australia, New Zealand, the Middle East, and the UK. Resurgens Technology Partners has invested in Qarma, a quality compliance platform, aiming to accelerate its AI roadmap and international expansion. EQT Life Sciences is investing $17.5 million in Vaderis Therapeutics as part of a $152 million Series B round for the Swiss biotech, which will fund a rare-disease trial.

In the financial advisory space, West Bridge is acquiring a majority stake in Beckett Investment Management from Foresight Group. Beckett has grown its assets under management from £800 million to £2.1 billion since 2021.

Fundraising and strategic partnerships are also key themes. Hollyport Capital has secured backing from Blue Owl to remain independent. New 2ND Capital is nearing a $1.25 billion close for its Fund IV, which has already closed on its first deal. Korea's National Pension Service (NPS) is increasing its exposure to secondaries, with its secondary funds and co-investments growing 36% to approximately $3.7 billion. The NPS also reported a 12% rise in its private equity Assets Under Management (AUM), though overall growth momentum is slowing, with PE representing about 7.2% of its total portfolio.

Strategic Investments and Market Trends

Private equity is exploring diverse sectors and strategic opportunities. Bernhard-backed Optimum Energy has acquired Hussung Mechanical Contractors and HMC Service Company, which serves healthcare systems, universities, and manufacturers. Granite Creek-backed DCG is merging with digital and tech firm Urban Emu to expand its capabilities.

In the technology and data center space, Silver Lake and Digital Bridge are reportedly exploring an exit from Vantage Data Centers, which could value the hyperscale operator at around $100 billion, considering either an IPO or a sale. EQT and Digital Garage have raised their tender offer for Kakaku.com to ¥3,570 a share, approximately $22.40, surpassing a competing proposal.

Bank of America is making a significant bet on India's financial sector, agreeing to invest as much as $1.9 billion for a stake of up to 49.9% in Jio Credit, the lending arm of Jio Financial Services.

Blackstone is reportedly exploring a broader push into the US retirement market, considering the incorporation of private markets into target-date funds and managed accounts. This move could leverage the long investment horizons and benefits of private markets for defined contribution (DC) plans.

The broader private equity market is grappling with shifting investor themes, with a growing focus on local economy themes. PE dealmaking has seen a slump, prompting investors to re-evaluate their approaches. The Securities and Exchange Commission (SEC) is intensifying its scrutiny of private funds' valuations, with examiners requesting specific fund information and enforcement actions reportedly increasing.

Venture Capital and Deeptech Innovation

Venture capital is fueling innovation across various technology sectors. Trunk Tools, an AI construction startup founded by Sarah Buchner, is focused on improving efficiency in the construction industry. In the deeptech space, a London-based venture lab is developing technologies aimed at environmental solutions.

Spanish startup Multiverse Computing is positioning itself as a European AI champion and is nearing a $500 million Series C funding round. The broader trend shows a continued interest in AI-driven solutions and deeptech advancements that address significant global challenges.