Private Equity 3d Briefing
×Major Investments & Fundraising
Apollo Global Management pe-insights.com and BNP Paribas are close to finalizing a partnership to originate private credit loans for European corporate and private equity borrowers. Meanwhile, Warburg Pincus pe-insights.com is preparing to invest up to $1 billion in Global Eggs, targeting an $8 billion egg empire. HgT pe-insights.com has deployed approximately $62 million into new co-investments in One Stream and Septeo, demonstrating continued activity in the technology sector.
Deal Activity
Lone Star pehub.com has completed the sale of SPX Flow to ITT for over $4.7 billion, having originally acquired the company in a take-private transaction in April 2022. In another significant transaction, CCMP pehub.com is at an early-stage sale process for facilities manager BGIS, with sources indicating the deal could value the Canadian municipal service provider at about $2.2 billion, or approximately 12x EBITDA. Bain Capital pe-insights.com has agreed to acquire a majority stake in Swedish distributor Tingstad through its European Private Equity fund, while Ardian pehub.com has agreed to sell its stake in Nova Reperta to Tilleghem.
Secondary Market Recognition
The secondaries market continues to recognize top performers, with Goldman Sachs Asset Management secondariesinvestor.com taking the award for Secondaries Firm of the Year in the Americas. Ardian secondariesinvestor.com was honored as Secondaries Firm of the Year in EMEA, while Coller Capital pe-insights.com has formed a distribution partnership with Mediobanca Private Banking to expand evergreen secondaries access in Italy.
Mid-Market Transactions
BCP pehub.com has sold United Utility Services to Sandbrook, with the acquired company supporting utilities, cooperatives, and municipalities through the full asset lifecycle. Boyne Capital pehub.com has sold McKee Utility Contractors to Mastec Inc, having partnered with management to recapitalize the firm in December 2022. Meritus Gas pehub.com, a portfolio company of AEA Investors, has seen its subsidiary pick up Greens Welding Supply in a strategic expansion.
Portfolio Company Expansion
CVC pehub.com and Hartenberg-backed Future Life is set to acquire Herts & Essex Fertility Centre, expanding its UK footprint to three centers. Trilogy Capital-backed pehub.com SSRG has snapped up Elite Residential Concierge, with the Calgary-based security and risk management business continuing its expansion strategy. Gemspring pehub.com has expanded its investment in construction tech firm Sitemetric, with the additional capital supporting product innovation and geographic expansion.
Industry Insights & Strategy
NEXUS 2026 pehub.com brought insights from private equity thought leaders on challenges facing the industry, including AI disruption, long hold periods, and "alpha imposters." Hellman & Friedman's pehub.com Patrick Healy emphasized multiple tools for returning capital, stating "Reality is rarely defeated." Meanwhile, tariff uncertainty is complicating valuations pehub.com, according to Alvarez & Marsal, as firms navigate increasingly complex geopolitical landscapes.
Geographic Expansion
Aurelius pehub.com has opened three new offices in Amsterdam, Milan, and Zurich, targeting substantial potential within the local SME sectors in these European markets. The expansion signals the firm's commitment to deepening its presence across key European growth regions.