Private Equity 24 Hours

Last updated: September 4, 2026, 10:05 PM ET

Deals & Exits

Swedish buyout firm EQT has agreed to acquire a majority stake in McGill and Partners, the London-based specialty insurance and reinsurance broker, for $2bn, taking over from Warburg Pincus. The firm, founded in 2019, has grown to more than 600 colleagues across seven countries and serves over 1,000 clients, according to the PE Hub report.

Goldman Sachs Alternatives and Cleanhill Partners have agreed to sell EPC Power, a California-based designer of software-defined power conversion solutions for data centers and energy storage, to Flex in a deal valued at $4.4bn. CVC Capital Partners has taken a controlling stake in Australia's Ambrose Construct Group, a national leader in insurance repair and restoration, acquiring the business from CPE Capital, as reported by PE Insights.

One Equity Partners has invested in Metro East Industries, a railcar services firm serving Class 1 railroads and leasing companies, according to PE Hub. In Canada, Regimen Equity-backed Central Builders' Supply has acquired Lumberworld, the leading independent building materials supplier in Greater Victoria, established more than 50 years ago, per PE Hub coverage.

The article on Flex's $4.4bn deal also discusses broader infrastructure trends. TSG Consumer has made a strategic investment in Los Tacos No. 1, the New York taqueria known for Tijuana-style tacos, as noted by PE Insights.

Fundraising & Launches

CVC's secondaries arm has nearly doubled its flagship fund with a $10bn sixth close, as detailed in PE Insights. MS+PARTNERS has raised €150m at the first close of its debut pan-European buyout fund, targeting €300m, with backing from the European Investment Fund and blue-chip institutions, per the same newsletter. The week's largest venture rounds were focused on AI infrastructure, with Crusoe a leading at $3bn and Fluidstack also raising billions, according to the Crunchbase News roundup. Bessemer and Creandum are set to back a new AI infrastructure startup at a $600m valuation, as reported by Sifted.

Healthcare & Pharma Services

Private equity firms are targeting specialty pharmacies, with predictable revenues and robust margins driving five deals this week, per PE Hub. HIG Capital is backing Outcomes One, a provider of clinical network services, while Court Square, Frazier Healthcare, Linden Capital and Wind Rose are among other investors, as reported by PE Hub. KKR has agreed to take a minority stake in Malaysia's Avisena Healthcare, a hospital operator, according to PE Insights.

Royalty & IP

Harbour View Equity Partners has acquired the producer royalties and related master-recording rights of Grammy-nominated producer David Kershenbaum, whose catalog spans "Fast Car" to "Steppin' Out," as reported by PE Insights which said it “aligns with the company’s strategy to own iconic music assets.”

Tech & AI

Laurent Sifre, cofounder of AI startup H, has joined Microsoft, per an exclusive from Sifted. In legal tech, a startup GC who spent two decades at Amazon, Cruise and Glitch has built an AI tool for corporate lawyers, as profiled by Crunchbase. M|C Partners has invested in Diverge IT, a managed IT and security services provider in Torrance, California, to build a platform to grow in the managed services sector, per PE Hub.

Markets & Regional

In the Nordics, Sifted has ranked the top 10 investors by revenue growth, highlighting regional leaders.

Events

Applications close tonight at 11:59 p.m. PT to host a Side Event during Tech Crunch Disrupt 2026, with less than 24 hours left to apply for the Silicon Valley gathering, per TechCrunch.

Energy & Infrastructure

Specialty insurance and energy meter deals have rounded out the week, with an underwriting firm's platform processing around 500,000 bordereaux annually, representing $12 billion of gross written premium, as noted by PE Hub.