Private Equity 3d Briefing
×Major Deals & Exits
Blackstone pehub.com has become the majority owner of the combined Mac Lean Power Systems and Power Grid Components, with Centerbridge Partners making a new investment in the merged entity. Waterland Private Equity pe-insights.com has acquired a majority stake in Palletways, backing one of Europe's largest pallet distribution platforms. BC Partners pehub.com has agreed to buy luxury motor yachts brand Sunseeker in a transaction subject to customary regulatory approvals.
Braemont-backed Royal Cup pehub.com is taking Farmer Brothers Coffee private in a deal that will consolidate two major US coffee and tea companies. Greenbriar-backed West Star Aviation pehub.com has acquired aircraft maintenance firm DCJet, expanding its MRO services for business aviation. Pike Street-backed US BioTek pehub.com has merged with Nutri Path Pathology, combining advanced immunological and integrative diagnostics capabilities.
Thoma Bravo pehub.com is acquiring logistics firm WWEX Group from sellers including CVC Capital Partners, Providence Equity Partners, Ridgemont Equity Partners and PSG. Lone Star pehub.com has completed the sale of SPX Flow to ITT for over $4.7 billion, marking the end of its 2022 take-private transaction. Blackstone pe-insights.com has proposed a $2.5 billion investment in a potential $4 billion New World Development transaction through a special-purpose vehicle.
Fundraising & Capital Markets
Charterhouse Capital Partners pe-insights.com has raised approximately €1 billion at the first close of its latest flagship European mid-market fund. Carlyle secondariesinvestor.com is seeking to raise $60 billion as part of a broader fundraising supercycle, with targets set for private equity and global credit. Hamilton Lane pe-insights.com and Ardian have backed Latour's first continuation fund for Gutor, marking a significant single-asset vehicle closing.
Waterland is targeting cross-border growth through its Palletways acquisition, while Main Capital Partners pe-insights.com has acquired a majority stake in Swedish manufacturing software platform Good Solutions. Kohlberg-backed Riveron pehub.com has invested in AI and data technology firm Cuesta Partners, signaling continued interest in technology-enabled services. Ares Management pe-insights.com has closed an $850 million continuation fund to hold Convergint Technologies amid a record $240 billion secondaries wave.
Portfolio Activity & Add-ons
Resurgens Technology Group pehub.com has backed vacation rental operations platform Breezeway with an investment that positions the company to broaden its product platform and deepen AI capabilities. CCMP Growth-backed Decks & Docks pehub.com has picked up Pro Deck Supply, expanding its specialty distribution of composite decking and outdoor living products. Gemspring Capital pehub.com has expanded its investment in construction technology firm Sitemetric, providing additional capital for product innovation and geographic expansion.
Trilogy Capital-backed SSRG pehub.com has acquired Elite Residential Concierge, adding to its security and risk management business. Jacmel-backed VTG pehub.com has snapped up Vector Tech Group, expanding its IT, security, and cloud services offerings. Aeromed pehub.com has secured investment from Gemspring to support recent acquisitions of HITEK Electronic Materials Ltd., Norca Tec LLC, and Kit Pack Company, Inc.
Secondaries & Continuation Strategies
Bridgepoint secondariesinvestor.com is eyeing further secondaries growth as its Newbury team comes on board, with both Bridgepoint and Bridgepoint Newbury expecting to launch their next flagship secondaries fund in 2026. New Mountain's Neal Costello secondariesinvestor.com notes that acceptance of continuation vehicles means time is right for PE entrants, as GPs increasingly consider CVs alongside other exit options.
Coller Capital pe-insights.com has partnered with Mediobanca to expand evergreen secondaries access in Italy, while Carlyle Alp Invest seeks to raise $60 billion as part of the current fundraising supercycle. Over $50 billion news.crunchbase.com went to boom-era software companies that haven't raised capital in four-plus years, highlighting the growing importance of alternative liquidity solutions.
Platform Launches & Strategic Moves
JLL Partners-backed Talica pehub.com has launched as a surface science technology platform serving facilities, manufacturers, and prime contractors in highly regulated industries. GCM Grosvenor pehub.com has backed the launch of new PE firm Torch Key, which is focused on food and beverage and industrial products and services sectors. Littlejohn pehub.com has tapped Shant Mardirossian as managing director and COO in a newly created role.
Ardian pehub.com has agreed to sell its Nova Reperta stake to Tilleghem, while Ares has deployed an $850 million continuation strategy amid the record secondaries wave. Hg Capital Trust pe-insights.com has deployed approximately £46 million, equivalent to around $62 million, into new co-investments in One Stream and Septeo. Neuberger Berman pe-insights.com has led a $500 million Series E investment in Ayar Labs, valuing the AI chip startup at $3.75 billion.
Regional & Sector Focus
Waterland is targeting cross-border growth with its Palletways acquisition, while Aurelius pehub.com has opened three new offices in Amsterdam, Milan and Zurich to tap into substantial potential within the local SME sector. BCI, Norges Bank and Brookfield pehub.com have launched Northview Energy, an equally funded and owned infrastructure platform. AllianzGI and TotalEnergies pe-insights.com have committed $550 million to a German battery storage portfolio.
Warburg Pincus pe-insights.com is targeting an $8 billion egg empire with up to $1 billion investment in Global Eggs. LGPS pehub.com has co-invested in Joblogic alongside Vista Equity, backing cloud-based software that connects contractors and building owners in real time. TPG pehub.com has invested $250 million in social care technology platform Findhelp, building on its mission to improve access to healthcare for vulnerable populations.
Leadership & Organizational Changes
Maven pehub.com has announced planned leadership succession as part of a strategic succession plan. Oakley Capital pehub.com has made a series of promotions including four new partners within its investment team. ArcLight pehub.com has named Gary Lambert as senior advisor, bringing in the former Competitive Power Ventures CEO.
Ex-Coller CEO Sara Macedo pe-insights.com has joined Emissary Partners as managing director, reflecting expansion in the $5 trillion family office market. Boyne Capital pehub.com has sold McKee Utility Contractors to Mastec Inc, following its 2022 recapitalization partnership with management. BCP pehub.com has sold United Utility Services to Sandbrook, completing its exit from the utilities support services sector."