Private Equity 3d Briefing
×Major Deals & Exits
Lone Star pehub.com completed the $4.7 billion sale of SPX Flow to ITT, marking the private equity firm's exit from the industrial equipment manufacturer it acquired in April 2022. Warburg Pincus pe-insights.com is preparing to invest up to $1 billion in Global Eggs, targeting an $8 billion valuation for the egg production empire. CCMP pehub.com has entered an early-stage sale process for facilities manager BGIS, with the Canadian municipal service provider potentially selling for 12 times EBITDA at approximately $2.2 billion.
Fundraising & Investments
HgT pe-insights.com deployed approximately $62 million into new co-investments in One Stream and Septeo, expanding its portfolio through strategic capital allocation. Bain Capital pe-insights.com acquired a majority stake in Swedish distributor Tingstad, a family-owned specialist in non-food consumables. Trilogy Capital-backed pehub.com SSRG acquired Elite Residential Concierge, strengthening its position in the security and risk management sector.
Portfolio Company Activity
Gemspring pehub.com expanded its investment in construction technology firm Sitemetric, providing additional capital to support product innovation, geographic expansion, and service capabilities scaling. Meritus Gas pehub.com subsidiary acquired Greens Welding Supply, adding to the AEA Investors portfolio company's industrial gas distribution network. CVC pehub.com and Hartenberg-backed Future Life announced plans to acquire Herts & Essex Fertility Centre, expanding its UK fertility clinic operations to three centers.
Industry Developments
Aurelius pehub.com opened three new offices in Amsterdam, Milan, and Zurich, targeting substantial opportunities within the local SME sector. BCP pehub.com sold United Utility Services to Sandbrook, transferring the utility support services provider that serves utilities, cooperatives, and municipalities. Boyne Capital pehub.com sold McKee Utility Contractors to Mastec Inc, following Boyne's recapitalization partnership with management in December 2022.
Strategic Partnerships
Ardian pehub.com agreed to sell its stake in Nova Reperta, a management consulting company, to Tilleghem. Coller Capital pe-insights.com formed a distribution partnership with Mediobanca Private Banking to expand evergreen secondaries access in Italy. Apollo Global Management pe-insights.com and BNP Paribas are finalizing a partnership to originate private credit loans for European corporate and private equity borrowers.
Leadership & Operations
Littlejohn pehub.com appointed Shant Mardirossian as managing director and COO, where he will work closely with managing partners across finance, legal, compliance, operations, and investor relations. Danske Bank pe-insights.com expanded its alternative investments mandate with Danish Industry to nearly $245 million, scaling its alternatives portfolio.
Market Insights & Awards
The Secondaries Awards 2025 recognized industry leaders across regions, with Goldman Sachs Asset Management secondariesinvestor.com winning Secondaries Firm of the Year in the Americas, Ardian secondariesinvestor.com taking the title in EMEA, and various winners announced for the Asia-Pacific region. Industry executives at NEXUS 2026 discussed AI disruption, long hold periods, and market challenges, with Hellman & Friedman's pehub.com Patrick Healy noting that "reality is rarely defeated" when addressing return of capital strategies.
Infrastructure & Resources
Orion pehub.com, CGF, and Exiro partnered in a $200 million investment in Manitoba's Thompson Mine Complex, forming Exiro Nickel Company to make the investment alongside Vale in the mining infrastructure project.