Private Equity 3d Briefing
×Major Deals & Exits
Lone Star pehub.com completed the sale of SPX Flow to ITT for over $4.7 billion, marking a successful exit from its April 2022 take-private acquisition. Boyne Capital pehub.com sold McKee Utility Contractors to Mastec Inc after partnering with management in December 2022. BCP pehub.com sold United Utility Services to Sandbrook, a company supporting utilities, cooperatives, and municipalities through the full asset lifecycle.
New Investments & Partnerships
Orion pehub.com, CGF, and Exiro partnered in a $200 million investment in Manitoba's Thompson Mine Complex, forming Exiro Nickel Company alongside Vale. Gemspring pehub.com expanded its investment in construction tech firm Sitemetric to support product innovation, geographic expansion, and service capabilities. Trilogy Capital-backed pehub.com SSRG acquired Elite Residential Concierge, a Calgary-based security and risk management business. CVC pehub.com and Hartenberg-backed Future Life will acquire Herts & Essex Fertility Centre, expanding its UK presence to three centers.
Fundraising & Capital Deployment
HgT pe-insights.com deployed approximately $62 million into co-investments in One Stream and Septeo. Warburg Pincus pe-insights.com is targeting an $8 billion egg empire with up to $1 billion investment in Global Eggs. Coller Capital pe-insights.com partnered with Mediobanca to expand evergreen secondaries access in Italy, offering new distribution opportunities.
Industry Events & Insights
At NEXUS 2026, Clearlake's José E. Feliciano pehub.com discussed AI disruption in private equity, while Hellman & Friedman's Patrick Healy pehub.com emphasized the importance of returning capital through various tools. Alvarez & Marsal pehub.com noted that tariff uncertainty is complicating valuations across the industry.
Firm Developments
Littlejohn pehub.com appointed Shant Mardirossian as managing director and COO, where he will work closely with managing partners across finance, legal, operations, and investor relations. Aurelius pehub.com opened three new offices in Amsterdam, Milan, and Zurich to target substantial potential in local SME sectors. Sverica pehub.com promoted Michael Dougherty to partner and Doug Patrican to principal, while also hiring Matt Johnson as a principal.
Awards & Recognition
The Secondaries Awards 2025 recognized industry leaders across regions: Goldman Sachs Asset Management secondariesinvestor.com won Secondaries Firm of the Year in the Americas, Ardian secondariesinvestor.com took the title in EMEA, and top performers were acknowledged in the Asia-Pacific region secondariesinvestor.com.
Strategic Acquisitions
Bain Capital pehub.com announced its investment in Tingstad, a Swedish family-owned distributor of non-food consumables serving Ho Re Ca, culture, facilities management, grocery, and retail sectors. Meritus Gas Partners pehub.com, a portfolio company of AEA Investors, acquired Greens Welding Supply through its subsidiary.