Private Equity 3d Briefing
×Major Deals & Transactions
Blackstone pe-insights.com has joined a consortium that submitted a non-binding cash offer for $1.5 billion UK aerospace supplier Senior Plc, marking the firm's continued interest in the defense sector. Meanwhile, Lone Star pehub.com completed the sale of SPX Flow to ITT for over $4.7 billion, originally acquired in April 2022 in a take-private transaction. In other significant transactions, Thoma Bravo pehub.com is acquiring logistics firm WWEX Group from sellers including CVC Capital Partners and Providence Equity Partners, while Waterland pehub.com has acquired a majority stake in Cooper Turner Beck Group, a provider of safety-critical fastener services.
Fundraising
Carlyle secondariesinvestor.com is seeking to raise $60 billion for Alp Invest as part of its ambitious $200 billion-plus capital inflows target by 2028. Separately, Charterhouse pe-insights.com has secured approximately €1 billion at the first close of its latest flagship European mid-market fund. The fundraising activity continues with Capital Group pe-insights.com and KKR expanding their public-private investment partnership with the launch of their first equity strategy, further solidifying the trend of larger funds in the current market cycle.
AI & Technology Investments
Neuberger Berman pe-insights.com has led a $500 million Series E investment in Ayar Labs, valuing the company at $3.75 billion with backing from Nvidia. In AI-related deals, Kohlberg-backed Riveron pehub.com invested in AI and data technology firm Cuesta Partners, while Accel-KKR pehub.com invested in fleet maintenance software firm Whip Around. The growing interest in AI is also reflected in how AI startups techcrunch.com are using novel valuation mechanisms to manufacture unicorn status by selling the same equity at different prices.
Healthcare & Life Sciences
TPG pehub.com has invested $250 million in social care technology platform Findhelp, building on The Rise Funds' mission to improve healthcare access. Meanwhile, Esperion pehub.com is acquiring biopharma firm Corstasis for $75 million upfront, with potential additional payments of up to $180 million based on regulatory and commercial milestones. In healthcare services, Kyip Capital pehub.com invested in Chiron to develop an outpatient diagnostics platform, and FutureLife pehub.com, backed by CVC and Hartenberg, is buying Herts & Essex Fertility Centre.
Industrial & Manufacturing
Aeromed pehub.com, an aerospace and defense supply chain firm, has secured investment from Gemspring to support its recent acquisitions of HITEK Electronic Materials, Norca Tec LLC, and Kit Pack Company. Gemspring pehub.com has also expanded its investment in construction technology firm Sitemetric to support continued product innovation and geographic expansion. In the energy sector, Orion pehub.com, CGF, and Exiro have partnered in a $200 million investment in Manitoba's Thompson Mine Complex alongside Vale.
Secondaries Market
The secondaries market continues to see significant activity with Ares pe-insights.com deploying an $850 million continuation fund amid a record $240 billion secondaries wave. Industry leaders at NEXUS 2026 noted that CVs secondariesinvestor.com are now established as exit routes alongside M&A and IPO, while New Mountain's Costello secondariesinvestor.com stated that the acceptance of CVs means the time is right for PE entrants. The market recognition was further highlighted with Goldman Sachs Asset Management secondariesinvestor.com taking the award for Secondaries Firm of the Year in the Americas.