Private Equity 3d Briefing
×Private Equity Deals
Blackstone pe-insights.com, CVC, and Brookfield are bidding for Volkswagen's diesel engine unit, Everllence, in a deal potentially worth $9.44 billion. Searchlight and Abry plan to take Io T company Kore private for $726 million Searchlight and Abry pehub.com. Multiples pehub.com PE-backed Zenex Animal Health acquired Netherlands-Based Vieve Pharm. Advent International pe-insights.com finalized the acquisition of tbi bank. Wise Equity pehub.com will invest in vending machine manufacturer FAS International. Trive Capital pehub.com invested in Rolfson Oil, which subsequently acquired Flint Logistics Group. EQT pehub.com sold its remaining shares in Azelis for €190 million. Tonka Bay pehub.com is backing home services marketing platform Camp Digital.
Equinix and the Canada Pension Plan Investment Board are nearing a $4 billion deal for Nordic data centre operator at North Equinix and CPPIB pe-insights.com. CD&R pe-insights.com secured shareholder approval for its $6.2 billion acquisition of Sealed Air. North Current pehub.com -backed On Track picked up Carey’s Seamless Gutters & Overhead Doors. Charlesbank pehub.com-backed Velocity One acquired Kaney Aerospace. ONCAP pehub.com-backed Komar Industries acquired waste services firm Metro. Genstar pehub.com -backed Docupace acquired fintech firm Invest Edge. Fusion Capital pehub.com -backed Tavoron picked up factory automation distributor Doig Corp.
More Transactions
Wynnchurch pehub.com will acquire Arcosa’s barge business for $450 million. Brookfield pehub.com -backed Radiant merged with Ori Industries. BTG funds pe-insights.com will invest $1.05 billion in Raízen. Sovereign Capital pehub.com bought Apollo Home Healthcare. Baird pehub.com invested in Auto Loto. Gemspring pehub.com -backed Zavation picked up Choice Spine. IOP pehub.com is selling retail fixtures provider Royston to LSI Industries for $320 million.
Fundraising and Investment
Novacap closed its Technologies Fund VII at nearly $3.8 billion, exceeding its target Novacap pe-insights.com. Otro Capital pehub.com is looking to pursue a broader sports ecosystem after closing a $1.2 billion fund. Carlyle pe-insights.com expects to raise at least $200 billion in inflows by the end of 2028. Arcmont pe-insights.com secured $1.62 billion for a complex European private credit strategy. Bridgepoint pehub.com invests in Gold State Music. One River pe-insights.com is expanding to $3 billion AUM.
Strategic Moves
BlackRock's GIP pe-insights.com and EQT are in discussions to acquire US power producer AES in a potential $12.4 billion takeover. Oaktree pe-insights.com is exploring a sale or IPO of UK wealth manager Utmost Group, valued at $2.7 billion. Verdane pehub.com made a £186 million bid for Augmentum Fintech. Plaid pe-insights.com returns to an $8 billion valuation in an employee liquidity funding round. Toyota pe-insights.com plans to unwind approximately ¥3 trillion in strategic shareholdings.
Executive Changes and Market Insights
DPI pehub.com named Sofiane Lahmar as the new CEO. Cavu pehub.com promoted Jared Jacobs to managing partner. L Catterton pe-insights.com partner Todd Bartee is taking over at Tonal. Permira pehub.com named Giorgio Dinaro as the new head of Milan. Sverica pehub.com promoted Michael Dougherty to partner and Doug Patrican to principal.
KKR’s pe-insights.com $13 billion FSK fund is adapting to the shifting private credit landscape. CalPERS pe-insights.com remains confident in its private credit exposure. Blackstone pe-insights.com has priced a $400 million bond. CVC pe-insights.com-owned Syntegon raised $1.89 billion in debt. CPP Investments secondariesinvestor.com will consider secondary sales. Blackstone’s Perry pehub.com believes 2026 should mark a record year for exits. Clearlake’s José E. Feliciano pehub.com commented on AI disruption in the software market.