Private Equity 3d Briefing
×Private Equity Deals
Searchlight and Abry will take IoT company Kore pehub.com private for $726 million. Falfurrias-backed Woven Solutions pehub.com acquired government consultancy Valence. Multiples PE-backed Zenex Animal Health pehub.com picked up Netherlands-Based Vieve Pharm. Wise Equity pehub.com will invest in vending machine manufacturer FAS International.
Behrman pehub.com sold Waterline Renewal Technologies to New Mountain-based Azuria. Insight Equity pehub.com scooped up aerosol products maker IKI. Trive Capital pehub.com invested in Rolfson Oil, which subsequently acquired Flint Logistics Group. Gemspring-backed Zavation pehub.com picked up Choice Spine. IOP pehub.com will sell retail fixtures provider Royston to LSI Industries for $320 million.
Fundraising & Investments
Arcmont pe-insights.com secured $1.62 billion for a complex European private credit strategy. Bridgepoint pehub.com invests in Gold State Music. Terminus pehub.com invested in fintech firm Eventus. Tonka Bay pehub.com backs home services marketing platform Camp Digital. Summit Partners pehub.com provided $122 million to content monetization biz Stay22.
Carlyle pe-insights.com expects to raise at least $200 billion in inflows by 2028. Blackstone pe-insights.com priced a $400 million 2029 bond. CPP Investments secondariesinvestor.com will mull secondaries sales.
M&A Activity
BlackRock’s GIP pe-insights.com and EQT are in discussions to acquire US power producer AES for $12.4 billion. Advent International pe-insights.com is among potential bidders for Senior plc, which disclosed it has received five takeover offers. EQT pehub.com sold its remaining shares in Azelis for €190 million.
Blackstone, CVC and Brookfield bid for VW’s $9.44 billion Everllence carve-out Volkswagen pe-insights.com. Oaktree pe-insights.com explores $2.7 billion exit options for UK wealth manager Utmost. Toyota pe-insights.com moves to unwind $19 billion in cross-shareholdings.
Executive Moves
Sverica pehub.com promoted Michael Dougherty to partner and Doug Patrican to principal. DPI pehub.com names Sofiane Lahmar as new CEO. Encore pehub.com promotes Paul Rivenburgh to managing director. Cavu pehub.com promotes Jared Jacobs to managing partner. Sterling pehub.com tapped Noah Bishop for SVP.
Astorg’s pehub.com mid-cap co-head Edouard Pillot is leaving the firm. Permira pehub.com named Giorgio Dinaro as the new head of Milan.
Industry Trends & Insights
FS KKR Capital Corporation pe-insights.com reported an increase in troubled loans. Advent International pe-insights.com has finalized its acquisition of tbi bank. Calpers pe-insights.com remains confident in its private credit exposure. Kinderhook, Renovus and Revelstoke are among the PE firms pursuing investments in the hospice care market PE eyes growth pehub.com.
Clearlake’s pehub.com José E. Feliciano discussed software buyouts. Inflexion’s pehub.com John DiGiovanni sees AI use cases in healthcare. Caisse de Depot et Placement du Quebec pe-insights.com generated a 9.3% overall return in 2025. Apollo pe-insights.com and BNP Paribas are expanding European private credit.
Plaid pe-insights.com returns to an $8 billion valuation. Houlihan Lokey pehub.com sees consolidation opportunities. FS KKR pe-insights.com is adapting to the shifting private credit landscape. Blackstone’s pehub.com energy transition fund group has been involved with nine deals recently.