Private Equity 3d Briefing
×Major Deals & Take-Privates
Lone Star pehub.com completed its $4.7 billion sale of SPX Flow to ITT, marking a successful exit from the April 2022 take-private. Apollo Global Management pe-insights.com is nearing a partnership with BNP Paribas to originate private credit loans for European corporate and private equity borrowers. Bain Capital pe-insights.com acquired a majority stake in Swedish distributor Tingstad through its European Private Equity platform, expanding its non-food consumables portfolio.
CCMP pehub.com launched an early-stage sale process for facilities manager BGIS, which could fetch at least $2.2 billion at 12x EBITDA. Boyne Capital pehub.com sold McKee Utility Contractors to Mastec Inc after recapitalizing the business with management in December 2022. BCP pehub.com divested United Utility Services to Sandbrook, supporting utilities through the full asset lifecycle.
Strategic Investments & Partnerships
Warburg Pincus pe-insights.com is preparing up to $1 billion investment in Global Eggs, targeting an $8 billion egg empire. HgT pe-insights.com committed approximately $62 million to co-investments in One Stream and Septeo. CVC pehub.com and Hartenberg-backed Future Life agreed to acquire Herts & Essex Fertility Centre, expanding its UK presence to three centers.
Meritus Gas Partners pehub.com, an AEA Investors portfolio company, acquired Greens Welding Supply through its subsidiary. Trilogy Capital-backed pehub.com SSRG purchased Elite Residential Concierge, expanding its security and risk management business. Gemspring pehub.com expanded its investment in construction tech firm Sitemetric to support product innovation and geographic expansion.
Industry Expansion & New Offices
Aurelius pehub.com opened three new offices in Amsterdam, Milan, and Zurich to capitalize on substantial SME sector potential in these markets. Coller Capital pe-insights.com formed a distribution partnership with Mediobanca Private Banking to offer evergreen secondaries access in Italy. Orion pehub.com, CGF, and Exiro partnered in a $200 million investment in Manitoba's Thompson Mine Complex, forming Exiro Nickel Company alongside Vale.
Leadership Moves & Industry Insights
Littlejohn pehub.com appointed Shant Mardirossian as managing director and COO, where he'll work closely with managing partners across finance, legal, operations, and investor relations. Industry leaders at NEXUS 2026 discussed AI disruption, long hold periods, and "alpha imposters" according to Clearlake's José E. Feliciano pehub.com and Arctos' Ian Charles.
Hellman & Friedman's Patrick Healy pehub.com emphasized that "reality is rarely defeated" while discussing tools to return capital during market uncertainty. Alvarez & Marsal pehub.com noted that tariff uncertainty is complicating valuations across the industry.
Secondaries Market Recognition
The Secondaries Awards 2025 recognized top performers 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 Asia-Pacific winners secondariesinvestor.com were announced across deals, firms, law firms, and advisers categories.
Fundraising & Portfolio Moves
Danske Bank Asset Management pe-insights.com expanded its alternative investments mandate with Danish Industry to nearly $245 million. Ardian pehub.com agreed to sell its stake in Nova Reperta, a management consulting company, to Tilleghem.