Private Equity 3d Briefing
×Private Equity Overview
BlackRock’s GIP pe-insights.com and EQT are in advanced discussions to acquire US power producer AES in a potential $12.4 billion deal. In other M&A news, CD&R pe-insights.com has secured shareholder approval for its $6.2 billion acquisition of Sealed Air. Wynnchurch pehub.com is set to acquire Arcosa’s barge business for $450 million.
Fundraising and Investment
Novacap pe-insights.com has closed its Technologies Fund VII at nearly $3.8 billion, surpassing its original target. Arcmont pe-insights.com has completed the final close of its Capital Solutions Fund II, securing $1.62 billion for a complex European private credit strategy. Otro Capital pehub.com is looking to broaden its sports ecosystem after closing a $1.2 billion fund.
Deals and Acquisitions
Searchlight and Abry pehub.com will take Io T company Kore private for $726 million. IOP pehub.com is selling retail fixtures provider Royston to LSI Industries for $320 million. Gemspring-backed Zavation pehub.com picked up Choice Spine. Multiples PE-backed Zenex pehub.com Animal Health picked up Netherlands-Based Vieve Pharm.
Strategic Moves and Exits
EQT pehub.com has sold its remaining shares in Azelis for €190 million. Tri West Capital pehub.com exited Peloton Computer Enterprises. Behrman pehub.com sold Waterline Renewal Technologies to New Mountain-based Azuria. Wynnchurch will acquire Arcosa’s barge business for $450 million.
Executive Appointments and Leadership
DPI pehub.com has named Sofiane Lahmar as the new CEO. Cavu pehub.com has 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.
Industry Trends and Insights
Private equity firms are eyeing growth in the hospice care market, with Kinderhook pehub.com, Renovus and Revelstoke among those pursuing investments. Calpers pe-insights.com, is confident in its private credit exposure despite rising AI-driven software risks. According to Houlihan Lokey pehub.com, investors see consolidation opportunities with CPA firms.
Market Dynamics and Valuations
Plaid pe-insights.com has returned to an $8 billion valuation in an employee liquidity funding round. Oaktree pe-insights.com is exploring $2.7 billion exit options for UK wealth manager Utmost. Carlyle pe-insights.com expects to raise at least $200 billion in inflows by 2028.
Financial Performance and Strategy
CVC-owned Syntegon pe-insights.com raised $1.89 billion in debt to fund a $648 million shareholder dividend. Carlyle is targeting $200 billion inflow by 2028. La Caisse pe-insights.com grew to $378 billion after a 9.3% return. KKR’s FSK fund pe-insights.com adapts to shifting private credit landscape.
Private Credit and Secondaries
Blackstone pe-insights.com's private credit fund priced a $400 million 2029 bond. CPP Investments secondariesinvestor.com will mull secondaries sales to "trim older exposure". GP-led credit market secondariesinvestor.com explores different deal and return opportunities as growth continues.
Sector-Specific Investments
Falfurrias-backed Woven pehub.com Solutions acquired government consultancy Valence. Wise Equity pehub.com will invest in vending machine manufacturer FAS International. Tonka Bay pehub.com backs home services marketing platform Camp Digital. Baird pehub.com invests in digital safety services firm Auto Loto.
Geographic Focus and International Deals
Advent International pe-insights.com has finalized its acquisition of tbi bank. Toyota pe-insights.com moves to unwind $19 billion in cross-shareholdings. Saudi AI boom pe-insights.com draws buyout interest as QST explores strategic options.
Technology and Innovation
Terminus pehub.com invests in fintech firm Eventus. Genstar-backed Docupace pehub.com acquires fintech firm Invest Edge. Brookfield-backed Radiant pehub.com merges with Ori Industries.
Challenges and Market Adjustments
EQT pe-insights.com opted not to proceed with a takeover offer for Oxford Biomedica. Valuation differences halted EQT’s Oxford Biomedica takeover. Clearlake’s José E. Feliciano pehub.com on AI disruption.