Private Equity 3d Briefing
×Major PE Deals & Exits
Blue Owl pe-insights.com sold a $1.4 billion loan portfolio to pensions and insurers to manage redemptions. Eurazeo pehub.com completed its exit of a minority stake in luxury fragrance house Ex Nihilo to L Catterton. Ares Management pe-insights.com priced a €303.95 million European private credit CLO as the market takes shape.
Blackstone pe-insights.com is positioning itself for a potential $20 billion-plus acquisition of Johnson & Johnson's orthopedics unit De Puy Synthes, with private equity firms circling the deal. Bain Capital pe-insights.com is exploring a $3 billion-plus exit for Dessert Holdings through a dual-track IPO and sale process.
Fundraising & Investment Activity
Tikehau Capital pe-insights.com closed its second private debt secondaries fund above target, securing more than $1 billion. Bank of America pe-insights.com committed $25 billion of its own balance sheet to private credit expansion. CVC Capital Partners pe-insights.com is working with Goldman Sachs to explore a sale of marina operator D-Marin at a $1.08 billion valuation.
Preqin founder Mark O'Hare pe-insights.com built a $200 million stake in Hg vehicle through his family office, accumulating a 7.2% position in Hg Capital Trust. Ares Management pe-insights.com is preparing to expand its sports investment strategy into Europe with a dedicated fund as it accelerates its push into private wealth management.
Sector-Specific Activity
Mid Europa pehub.com and SK Capital Partners pehub.com are leading private equity's bet on medical component manufacturing, with five deals announced across the sector. Avista, Sheridan Capital and others are also investing in this space as healthcare manufacturing attracts significant PE interest.
Space tech pehub.com has emerged as a top target for investors seeking dual-use growth opportunities, according to Houlihan's Géraud Estrangin, though structural challenges loom over European defense deals. Stone Point Capital pehub.com backed UK wealth management advice firm Amber River, while Palisade Infrastructure pehub.com invested in Micro Grid Networks.
Portfolio Company Moves
Lone View-backed Cargo Sprint pehub.com acquired Dray Dog, a provider of software for the cargo industry based in Atlanta. Hg-backed Cube pehub.com picked up regulatory technology firm 4CRisk to expand its automated regulatory intelligence offerings. Renovus-backed Angeion pehub.com acquired legal services firm Med Quest to strengthen its legal notice and administration capabilities.
Peak Rock pehub.com will acquire UL Solutions' employee health and safety software business, while HKW pehub.com acquired Handling Systems and Conveyors Inc, which serves aerospace, defense, industrial manufacturing and transportation end markets. Hidden River-backed Somersault pehub.com acquired six California Little Gym locations to expand its position as the largest franchisee within The Little Gym system.
Secondary Market & Advisory
Evercore's Nigel Dawn secondariesinvestor.com discussed the outlook for secondaries activity in 2026 and key trends shaping the market in a recent podcast. Morgan Stanley's secondariesinvestor.com global head of the PCA group has left the bank, though the group will continue to operate as usual. Singapore-based Plutus Partners secondariesinvestor.com is open to secondaries opportunities across private real estate, debt and equity.
Sports & Entertainment
KKR pe-insights.com, Blackstone, Partners Group and CVC Capital are among global firms targeting India's Indian Premier League as a serious private equity opportunity. Ares Management is preparing a European sports fund as part of its accelerated push into private wealth and sports investments.
Regional & Industry Focus
West View pehub.com invested in Benefits All In, with partner Kevin Twomey joining the board of directors. The private equity industry shows strong interest in youth enrichment platforms, with Hidden River backing Somersault's acquisition of The Little Gym locations as part of the Unleashed Brands ecosystem.