Private Equity 3d Briefing
×Major Exits & IPOs
KKR pe-insights.com is preparing a $1 billion IPO exit for Global Medical Response, appointing banks for the potential US listing. KKR pe-insights.com has also agreed to acquire a majority stake in XCL Education Holdings in a $1.3 billion deal, outbidding rival firms. Meanwhile, General Atlantic pehub.com and Blackstone pe-insights.com are among investors in Citigroup's $2.5 billion Banamex stake sale, with Citigroup selling a 24% stake in its Mexican subsidiary.
New Investments
Arcline pehub.com is investing in Hydraulics International Inc, whose products serve US and allied defense forces globally. Victor Capital pehub.com has backed Specialty Fenestration Group, parent company of Quikserv Inc. and Us Bullet Proofing. Haveli pehub.com is supporting software firm Sirion to accelerate product innovation and expand its global presence. Green Heron pehub.com has invested in Regency Plumbing Contractors, with the executive team retaining significant ownership.
Strategic Acquisitions
Shamrock pehub.com is acquiring creative agency Mutiny from Trailer Park Group, which incubated the division in 2021. Topspin pehub.com has injected capital into manufacturer Grid, a partner to fitness chains and athletic programs. Crestview-backed pehub.com One Magnify has acquired Optimal's performance marketing business. EQT-backed pehub.com Scale Microgrids has scooped up Reload, expanding its advanced energy solutions portfolio.
Portfolio Company Activity
Ambienta pehub.com portco No Dig Alliance has acquired Suomen Putkisto Palvelu, a specialist in manhole rehabilitation and underground water pipe services. Main Capital-backed pehub.com TMA has picked up HR tech business STYR, marking its third transaction since partnering with Main Capital Partners in December 2024. Goldman Sachs-backed pehub.com CSD has acquired autism services firm Behavior Change Institute, expanding its evidence-based autism and behavioral health services.
Industry Trends & Insights
Bain pe-insights.com reports global buyout deal value surged to $904 billion in 2025, with "12 is the new 5" reshaping returns. Bain study secondariesinvestor.com shows 40% of GPs expect to consider continuation vehicles in the next two years, with over half launching CVs to return capital to existing LPs. Lazard report secondariesinvestor.com indicates mid-market GPs are increasingly running continuation vehicles equivalent to 50% or more of their latest flagship funds.
Fundraising & Secondaries
Ardian pe-insights.com has partnered with Legal & General to provide private equity access to 5.6 million UK DC savers. Qatar Investment Authority pe-insights.com has committed several hundred million dollars to 5C to expand its private credit operations. Evercore secondariesinvestor.com has appointed Adams Street Partners for its new APAC secondaries head following Shane Gong's departure.
Leadership Changes
Angeles Equity Partners pehub.com has appointed Eric Dunn as VP for its operating team, responsible for evaluating new investment opportunities and driving post-close transformation. ECI Partners pehub.com has welcomed Marijn Pangemanan as new investment director and appointed Scarlett Salamon as investor relations analyst.
Market Outlook
OMERS pe-insights.com reported $8.2 billion net income in 2025, though private equity lagged its broader portfolio with a 6% net investment return. Secondaries Investor data secondariesinvestor.com shows 85 continuation vehicles closed last year, with 40 more launching or being considered. Lincoln International pehub.com notes Europe is drawing capital as dealmakers weigh US tariff uncertainty.
Sector-Specific Moves
KKR pe-insights.com is testing the software market with a potential $1.5 billion BMC Helix sale. Private equity firms pe-insights.com are eyeing a $2 billion Permian asset sale as Conoco Phillips streamlines its portfolio. Bluestone Equity Partners pe-insights.com has announced a three-year partnership with USA Archery ahead of the 2028 Games, strengthening its sports portfolio.
Exit Activity
Turning Rock pehub.com has exited food company Ameri Qual, which is majority owned by the Harlan family. Miura and Mindful Capital pehub.com have agreed to sell Italcer to Austrian listed company Wienerberger. Kava Equity pehub.com has acquired drywall contractor The Berg Group, with Jack Szmanda serving as CEO.
Regional Focus
Bay Hawk pehub.com has invested in Gridco, with the founding management team remaining majority shareholders. Broadband internet provider pehub.com Vero Networks has raised $500 million from an investor group led by Hamilton Lane, Braemont Capital, and Delta-v Capital. Kinderhook pehub.com is taking home health and hospice firm Enhabit private for $1.1 billion at $13.80 per share.