Private Equity 3d Briefing
×Major Exits & Take-Privates
Lone Star pehub.com completed its $4.7 billion sale of SPX Flow to ITT, marking a successful exit from its 2022 take-private acquisition. Apollo Global Management pe-insights.com is nearing finalization of a partnership with BNP Paribas to originate private credit loans for European corporate and private equity borrowers.
New Investments & Buyouts
Bain Capital pe-insights.com has agreed to acquire a majority stake in Swedish distributor Tingstad, expanding its European portfolio. Boyne Capital pehub.com sold McKee Utility Contractors to Mastec Inc, while BCP pehub.com divested United Utility Services to Sandbrook. CVC pehub.com and Hartenberg-backed Future Life is acquiring Herts & Essex Fertility Centre, giving it three UK centers.
Fund Deployments & Co-Investments
HgT pe-insights.com committed approximately $62 million to co-investments in One Stream and Septeo. Warburg Pincus pe-insights.com is preparing up to $1 billion investment in Global Eggs to build an $8 billion egg empire. Orion pehub.com, CGF, and Exiro formed Exiro Nickel Company for a $200 million investment in Manitoba's Thompson Mine Complex alongside Vale.
Secondaries & Distribution
Coller Capital pe-insights.com partnered with Mediobanca Private Banking to expand evergreen secondaries access in Italy. The Secondaries Awards 2025 recognized Ardian secondariesinvestor.com as EMEA Secondaries Firm of the Year, Goldman Sachs Asset Management secondariesinvestor.com in the Americas, and various winners across Asia-Pacific.
Portfolio Company Activity
Trilogy Capital-backed pehub.com SSRG acquired Elite Residential Concierge, while Gemspring pehub.com expanded its investment in construction tech firm Sitemetric. Meritus Gas Partners pehub.com, an AEA Investors portfolio company, picked up Greens Welding Supply.
Industry Insights & Strategy
At NEXUS 2026, Clearlake's José E. Feliciano pehub.com discussed AI disruption, while Hellman & Friedman's Patrick Healy pehub.com addressed long hold periods and returning capital. Alvarez & Marsal pehub.com noted that tariff uncertainty is complicating valuations across the industry.
Expansion & Growth
Aurelius pehub.com opened three new offices in Amsterdam, Milan, and Zurich to target substantial SME sector potential in these markets. Littlejohn pehub.com appointed Shant Mardirossian as managing director and COO to work across finance, legal, compliance, operations, and investor relations teams.
Strategic Sales
CCMP pehub.com is in early-stage sale process for facilities manager BGIS, which could fetch at least 12x EBITDA or approximately $2.2 billion. Ardian pehub.com agreed to sell its stake in Nova Reperta, a management consulting company, to Tilleghem.