Private Equity 24 Hours

Last updated: August 22, 2026, 8:35 AM ET

Deals & Valuations

KKR-backed consortium agreed to a $5.5bn take-private of Steadfast Group. Advent and Bain Capital are pushing to acquire 100% of Amil at a $3.3bn valuation. CVC Capital is preparing to bid for Aldermore as First Rand exits. Ode with Anthropic acquired AI services firm Casper Studios.

Market Dynamics & Fundraising

New entrants in secondaries are seeking to pre-empt auction processes to differentiate themselves. Castelion, a defense tech startup secured the week’s largest financing with a hypersonic missile program. Rillet became a unicorn after raising $100M in under 48 hours, triggering a fundraising frenzy led by Iconiq and Sequoia.

Strategic Moves & Investigations

The DOJ is investigating a16z over potential conflicts involving portfolio company competition. Long Ridge Equity Partners invested in unclaimed property specialist Market Sphere across US and Canadian jurisdictions. Revenue cycle management vendors are attracting PE interest as SEVA joins the healthcare price transparency push.